Date: 24th July 2013 at 10:32am
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Formula One is set to return to Austria for the first time in over ten years.

Austria last hosted a Formula One race in 2003 but the famous A1 ring is set to return to the F1 calendar for 2014.

The move comes thanks Austrian energy drinks company Red Bull who of course own three times Formula One World Constructors Champions Red Bull Racing and the track, which incidentally they have renamed the Red Bull Ring.

‘Dietrich Mateschitz and Bernie Ecclestone have reached an agreement to the effect that Formula One will return to Styria next year,’ a statement read.