The Australian F1 Grand Prix will remain at Albert Park until at least 2035.

The state government has today announced a 10-year extension of the deal after the current agreement ends in 2025.

The event was brought to Melbourne from South Australia in 1996.

The Andrews government says a recent assessment estimates this year’s event generated $92 million of direct spending to Victoria’s economy.

But Neil Mitchell said there’s a key detail missing from the state government’s release about the deal extension.

Press PLAY below to hear the question Neil Mitchell wants answered about the Grand Prix deal