What happened: Formula 1 signed a 10-year agreement with Rwanda to bring the African Grand Prix to the championship calendar, per Autosport. The new event is slated to debut in the early 2030s.

Why it matters: The agreement secures Formula 1's long-awaited return to the African continent with a decade-long commitment. Despite Rwanda landing the pact, a competing bid group in Cape Town stated it will press ahead with plans for a new circuit near the city.

What to watch: Organizers will move forward with venue development in Rwanda ahead of the targeted early-2030s calendar entry.