Sep.21 (GMM) An Austrian politician is hoping Red Bull Racing will relocate its formula one team to Austria in the coming years.

Team owner Dietrich Mateschitz has this year been bankrolling the restoration of the A1-Ring circuit, which was demolished after formula one last visited in 2003.

Styrian economic councillor Christian Buchmann told laola1.at that the track will be ready to host races in April or May of next year.

Earlier, it was rumoured that the track had been earmarked as a potential reserve venue for F1.

"From a technical and safety viewpoint, it's formula one-compatible," said Dr Buchmann. "But to talk about an F1 race in Spielberg now would be premature."

In truth, the restored A1-Ring has not been designed for grands prix, given its spectator capacity of just 25,000.

Buchmann said: "Personally, I have a dream that Mr Mateschitz will move one of his race teams to Spielberg.

"It would be great to see Red Bull not only with an Austrian license, but also with an Austrian base."

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