The Supercars will be tearing up Queensland Raceway until at least 2028 under a new deal announced today.
Upgrades for the popular track are also in the pipeline as part of a $52.3 million redevelopment of Ipswich Motorsport Park.
The contract is being signed as part of a multi-million dollar sponsorship deal with Ipswich City Council which has greenlit the long overdue site works.
"Ipswich has a long-standing relationship with Supercars and will continue to do so as we embark on what will be the most significant redevelopment of a motorsport precinct in South East Asia,” said Acting Mayor Paul Tully.
“Plans call for a new extended track layout, Australian-first corporate facilities and vastly improved amenities for all patrons and new spectator areas all aim to elevate Ipswich to an improved standard for international motorsport events."
The circuit extension includes a new pitlane and garage building as part of an expanded section at Turn 6.
But safety is the main focus short term.
“We and all of Australian motorsport look forward to critical safety and facilities upgrades to bring the circuit to FIA standards, as part of the circuit realising its overall master plan," said Supercars CEO James Warburton.
“This agreement is subject to these safety and facility upgrades proceeding to enable Supercars to continue competing at Queensland Raceway.”
Work will get underway within two years and take about 18 months to complete.
Jamie Whincup and Craig Lowndes from the Queensland based Triple Eight team are over the moon.
"Guaranteeing that we’ve still got our home track for 10 years to come is fantastic," said Whincup.
"The plan is to improve the facility for not only the drivers, but for every fan that goes out to watch us race."
"I won’t be driving in 10 years but I’ll certainly be involved in the sport for a long time so I look forward to seeing this 10 year plan come into play."
42 Supercar races have been run at Queensland Raceway since it first appeared on the Supercar calendar in 1999 and remains the test venue of choice for teams based in the state.
The announcement comes ahead of this weekend's Coates Hire Ipswich SuperSprint.
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