The Brazilian Grand Prix is set to stay at Interlagos until at least 2025 with local o𓆉fficials closing in on a new deal for the circuit to continue to host Formula 1 races.

On Thursday the Sao Paolo mayor and governor of the state both confirmed that the Interlagos circuit is about to sign✅ a new five-year contract with F1.

While the news has not been officially communicated by F1, local officials haꩲve announced the✨ impending contract renewal to shore up the future of the Brazilian Grand Prix.

"I am proud to reveal that F1 has just renewed a contract to hold the Brazilian GP until 2025,” said Sao Paolo governor Joao Dori☂a at a press conference held ♋on Thursday.

"The Interlagos race track has been confirmed as the venue for the next five y🌸ears.

"The🦹 contract will be signed ♛by Mayor Bruno Covas and Liberty Media, the rights holder of F1.”

It is understood that the event would be known as t𓆏he Sao Paolo Grand Prix.

It marks a huge boost for the Sao Paolo venue, which has staged the Brazilian Grand Prix every year since 1990 and has been included on the provisional record-breaking 23-round 2021 F1 calenda𒐪r.

The future of grand prix rac⛎ing at Interlagos was under serious doubt following a fallout between the circuit promoter 🌠- who is close to former F1 boss Bernie Ecclestone - and F1 owners Liberty Media.

Interlagos was due to hold its last race in its current contract this year before the ev🎐ent was cancelled due to the coronavirus pandemic.

A push for t꧋he Brazilian Grand Prix to move to a new purpose-built facility in Ri🍌o de Janeiro for 2021 then followed.

However, the planned development in the Deodoro area has hit a major stumbling block due to requiring enviꦦronmental approval before work can begin. The controversial project has faced opposition from environmental groups and F1 world champion Lewis Hamilton.