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Palkovics holds talks with F1 president

The Formula One motor racing event will be "certainly" continued until 2037 at the Hungaroring, near Budapest, the innovation and technology minister said after talks with Stefano Domenicali, the president of the F1 group, on Saturday.

Laszlo Palkovics said that the government had decided to extend the original agreement, which was to expire in 2032, by five years.

The minister also said that Hungaroring would undergo comprehensive refurbishment.

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