Circuit de Barcelona-Catalunya has responded to local media reports by confirming no deal has been reached with Formula 1 yet over the future of the Spanish Grand Prix.

With the F1 race calendar set for a major shake-up in 2020, the Spanish round remains under threat from missing out following the conclusion of its current deal this year.

As Vietnam and the Netherlands join the 2020 F1 calendar, while Silverstone secured a new British Grand Prix deal earlier this month, the Spanish round has been rumoured as a race set to miss out in order to retain the 21-event calendar.

Looking for an investment boost the Spanish Grand Prix organisers issued a statement looking for the local government to inject fresh investment to help save the race. That has led to recent reports of funding from the Catalan government in place for a 2020 race.

The reports have led to the circuit releasing an official statement confirming no deal has been reached yet and negotiations are still ongoing.

“No agreement has been reached yet with Formula 1 in order to renew the agreement for the Spanish Grand Prix at Circuit de Barcelona-Catalunya,” a statement from Circuit de Catalunya read. “The negotiations for the renewal of the agreement with Formula 1 continue, and are still open.

“As soon as an agreement has been reached, whether for the renewal or the non-renewal, it will be made known officially through the usual channels used by Circuit de Barcelona-Catalunya.”

Mexico, Italy and Germany all remain without a race deal for 2020, while Monza has an agreement in principle to keep the Italian Grand Prix on the F1 calendar next year.

The 2020 F1 season gets underway at the Australian Grand Prix on March 13-15 at Albert Park but the rest of the calendar is yet to be officially confirmed.