Formula 1 announced on Tuesday that the Dutch Grand Prix will return to the Zandvoort circuit in 2020, ending a 35-year absence from the calendar.
A statement read: "Formula 1 is delighted to announce that the Dutch Grand Prix returns to the FIA Formula 1 World Championship from 2020.
"An agreement has recently been signed between Formula 1 and Dutch Grand Prix – a partnership formed by SportVibes, TIG Sports and the Circuit Zandvoort – and will run for at least three years.
"Furthermore, Heineken, one of the longstanding Global Partners of Formula 1, will be the Title Sponsor of the event.”
The race will come as a major boost to Red Bull's Dutch driver Max Verstappen, 21, who now has a home Grand Prix to look forward to.
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Ten Hag: Ajax looking forward to clinching 35th Eredivisie title
Ajax Amsterdam head coach Erik ten Hag says they are looking forward to lifting the Dutch Eredivisie title on Wednesday.
The Sons of the Gods moved a step closer to winning the most coveted trophy in Holland when they defeated Utrecht 4-1 over the weekend.
Ajax, who are three points above second-placed PSV Eindhoven, will clinch the title if they defeat De Graafschap in their final game of the season on Wednesday.
“They took big steps in terms of resilience and power and determination have made their way into the team again," the manager said.
Ten Hag's side is now in control of the title race after AZ Alkmaar stunned the defending champions PSV 1-0 on Sunday.
“For us, this afternoon ended up in the perfect scenario. We weren’t really thinking about what was happening in Alkmaar, because we were in charge," he added.
"We needed to win and we had 90 minutes to do that. We won, and then we waited. AZ won, so now we’re really very close to the championship.
"The fact is that we’ll play for the championship on Wednesday. We’re looking forward to that.”
Ajax look set to clinch a record-extending 35th Eredivisie title on Wednesday with PSV taking on Heracles in their final game of the campaign on the same day.