MotoGP bosses and Red Bull CEO Dietrich Mateschitz have signed a deal that will keep the race at the Austrian venue until at least the end of 2025.

Previously confirmed until 2020, a contract extension secures the future of one of the most spectacular venues of the season from 2021-2025.

In 2016, motorcycle Grand Prix racing returned to Austria and the Red Bull Ring for the first time since 1997 and the event was voted the best Grand Prix of the year. Set in the hills of Styria, the incredible scenery and facilities make Spielberg a highlight of the season both on- and off-track – and MotoGP™ is now confirmed to return for at least another six Grands Prix.

"For me, MotoGP is the most attractive racing series in the world. It offers motorsport in its purest form. MotoGP has been coming to the Red Bull Ring for four years now and the excitement and enthusiasm for it remains unchanged. It's our pleasure to welcome motorcycle Grand Prix racing for a further five years beyond 2020," said Mateschitz.

"Securing the experience for the fans on site at the racetrack, as well as for the viewers of ServusTV, the contract extension is our long-term commitment to this fascinating sport and an expression of personal appreciation for Carmelo Ezpeleta."