The Canadian Grand Prix will remain on the Formula One calendar through 2035 after a new four-year extension was announced Tuesday by the sport's organizers.

The announcement follows Sunday’s race in Montreal, where George Russell claimed victory in the 54th edition of the event after starting from pole position. The race saw drama as Lando Norris crashed out following a collision with McLaren teammate and championship rival Oscar Piastri.

"As Formula One celebrates its 75th anniversary, it is fitting that we have announced an extension with the Canadian Grand Prix, a race that has such incredible history in our sport," said F1 CEO Stefano Domenicali in a statement.

The Canadian Grand Prix is the longest-running Formula One race held outside Europe. Since 1978, the event has taken place at Montreal’s Circuit Gilles Villeneuve, located on Île Notre-Dame.

The race has produced some of the sport’s most memorable moments and is a fan favorite on the calendar. Record seven-time world champions Michael Schumacher and Lewis Hamilton each have seven victories at the Canadian Grand Prix — the most in the event's history.