The Belgian Grand Prix will return to the Formula One calendar in 2007.
Spa is regarded by many as the best circuit in the world
The race's comeback was assured after the signing of a contract between F1 supremo Bernie Ecclestone and the race's new management team.
Ecclestone gave the go-ahead after new organisers Spa-Grand Prix agreed to improve the track's infrastructure at an estimated cost of £25m.
The 2007 race is due to be staged at the historic Spa-Francorchamps circuit on Sunday 16 September.
Spa-Grand Prix succeeded DDF1 after the latter's bankruptcy led to the cancelling of this season's race.
As for the Belgian GP's future after 2007, there are three options under discussion.
The first sees Spa-Grand Prix remain as organisers for 2008, while the second involves the regional government severing Belgium's links with F1 altogether and paying Ecclestone 18m euros in compensation.
The third scenario hands Ecclestone full control for the 2008, 2009 and 2010 editions and receiving compensation.