Oct.25 (GMM) Hungary is looking to secure its place on the F1 calendar for almost another whole decade.

Germany's sport1.de reports that Hungaroring boss Zsolt Gyulay intends to secure a deal with Bernie Ecclestone to extend the race deal from 2016 until 2021.

"I think we have a good chance to be one of the European tracks that stays on the calendar," he is quoted as saying.

"I have to say though that we need to find the right level of investment, because the track is already very well utilised," added Gyulay.

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