The event has become one of the best known worldwide sports competitions in the city along with ATP Rolex Masters, IAAF Diamond League, etc. Magny-Cours was the site for F1 in France from 1991-2008.
"We wanted to finalise next season's calendar early, so that all our stakeholders would have more time to prepare and we have managed it, thanks in part through working closely with the FIA", commented Formula One Chairman and CEO, Chase Carey.
Lowe expects Massa to put the disappointment of his first lap retirement in the Canadian Grand Prix behind him by returning to the points in Azerbaijan, and also hopes Lance Stroll takes the confidence from his first points finish of his career into this weekend.
With back-to-back races at Hockenheim in Germany, absent from the schedule this year, and the Hungarian Grand Prix also taking place in July, the sport's teams will be pushed to their limit with an unprecedented five races taking place inside just six weeks.
Spain's Circuit de Barcelona opens the European season on May 13, followed by the showcase Monaco race, before Formula One travels across the Atlantic to Canada on June 10 and then returns to France.
As usual, the next season will bgin in Australia on March 25 in Melbourne, and will end on November 25 at the Yas Marina in Abu Dhabi.
South Korea scraps plants, signals shift from nuclear energy
South Korea announced Sunday that the Cheolmae-2, a medium-range surface-to-air missile (M-SAM) is ready for mass production. He said: "The shutdown of Kori-1 is the beginning of a nuclear-free energy country, a paradigm shift for a safer Korea".
Tamim in ICC Champions Trophy team
Hundreds of fans gave Pakistan captain Sarfraz Ahmed a hero´s welcome as he arrived home carrying the Champions Trophy early on Tuesday.
"Negotiations for the term renewal for F1 is ongoing and a decision has not been reached", a ministry spokesperson said.
Singapore will not be rushed into extending its contract with Formula 1, the Ministry of Trade and Industry said yesterday as negotiations for the night race to continue in the city-state are underway.
"The process is a deliberate one to carefully consider the terms and benefits".
If negotiations fall through, it would mark the end of Formula One in Southeast Asia.
Malaysia has announced that this year's Sepang race will be its last due to rising costs and low returns.