F1 president Stefano Domenicali said: “We are thrilled to announce that Formula 1 will be racing again in Portimao after the huge success of the race last year”.

“We are confident and excited about our 2021 season, having shown last year that we could deliver 17 races safely and bring our millions of fans thrilling racing at a difficult time.”

The third round of the Formula 1 calendar will see the stars of the sport returning to the Autódromo do Algarve, with the Algarve stage finally completing the calendar which will include 23 races.

“We want to thank the promoter and the Portuguese government for their hard work and dedication in getting us to this point” added Stefano Domenicali.