Here are the winners of the F1 Hungarian Grand Prix 2023

Red Bull’s Max Verstappen won the 38th Hungarian Grand Prix today near Budapest at Hungary’s Hungaroring. Second was Lando Norris (McLaren), while the bronze medal went to Sergio Pérez (Red Bull).

F1 Hungarian Grand Prix generates record revenue

More than 100,000 fans are attending Sunday’s Formula One Hungarian Grand Prix at the Hungaroring, generating record revenue for the event in the new era, Zsolt Gyulay, chief executive of Hungaroring Sport, the organiser of the Grand Prix, told MTI. A total of 303,000 fans have attended this year’s race weekend, including 5,000 who were there for Thursday’s pit lane walk, Gyulay told MTI.

As regards the contract extension for the Hungarian Grand Prix announced on Saturday, he said it was a “good feeling” that the talks were concluded. Meanwhile, Gyulay could not say whether it was harder or easier to organise a Formula 1 race 10-20 years ago than it is today. “I’d say that it’s totally different now than in the past,” he said.

“These race weekends have almost become four-day festivals, plus the rights holder lays down a huge set of requirements, so a lot of conditions have to be met, there’s a lot more work, more people are needed, and it obviously costs a lot more.”

Hungarian Grand Prix 2023, Budapest. Photo: MTI

“But the tickets sell and that’s how we make a living, so from that standpoint the organisation is easier these days,” he said. Gyulay, state secretary for sports Adam Schmidt and F1 CEO Stefano Domenicali announced on Saturday that the Hungaroring’s contract to host the Formula One Hungarian Grand Prix has been extended by five years until 2032.

As we wrote also today, Norris broke Verstappen’s Herendi porcelain trophy, watch the video HERE.

Formula One Group CEO Stefano Domenicali on Saturday said there were multiple reasons why Hungary was important to the sport, underlining the significance of a fresh contract extension for the Hungarian Grand Prix.

Speaking to Hungarian reporters after qualifying, Domenicali said the talks on the Hungaroring’s contract extension had been “hard but fair”, highlighting the commitment of the Hungarian promoter and government. Hungary is important to F1 because in the midst of the sport’s growing popularity, it is key that the calendar strike a balance between traditional venues and new markets, Domenicali said. He added that F1 saw a “huge potential” in expanding the popularity of the sport in this part of Europe.

Domenicali said it was important to secure the Hungaroring’s spot on the F1 calendar beyond 2027 and announce a contract extension until 2032. The Hungarian government believes in this project and is willing to spend the money on upgrading the track because it understands the importance of Formula One, he said. The most important thing during contract talks is for everyone to seek solutions, because then they will be found, he added. Domenicali praised Hungaroring vice president Ariane Frank-Meulenbelt for her work since the inaugural Hungarian Grand Prix in 1986.

Standings after 11 rounds