The Bathurst 1000 will remain as part of the V8 Supercar Championship until at least 2034, following the conclusion of a new deal between the series and the Bathurst Regional Council.
The race's previous contract had been due to expire at the end of 2014, but an agreement has now been reached between V8 Supercars and Bathurst Regional Council to retain the race for another 20 years.
"This is an outstanding result for the Bathurst region and reaffirms Mount Panorama's status as Australia's premier motor racing venue," said Bathurst mayor Paul Toole. "By agreeing to this long-term contract, V8 Supercars have shown their faith in the future of motor racing at Bathurst. The council is thrilled at this show of support and we look forward to continuing our close working relationship with V8 Supercars."
The Bathurst enduro, which was initially a 500-mile race, has been part of the Australian touring car scene since 1963. This year's race will take place on Oct. 9.