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Work to prepare the former A1-Ring for its return to the formula one calendar next year has begun.

Now owned and rebuilt by the energy drink company, the Austrian grand prix circuit in Styria is now called the Red Bull-Ring.

Austrian radio ORF said construction work to get the venue ready for formula one next year is now underway.

A spokesman for the Red Bull Ring operator Projekt Spielberg GmbH confirmed the report.

It was announced in July that Dietrich Mateschitz and Bernie Ecclestone had agreed a provisional deal to return F1 to Austria on July 6 next year.

Kleine Zeitung newspaper subsequently reported that the 2014 race will in fact take place a week earlier than that, on June 29.

The same newspaper now reports that an embankment on the front straight is currently being removed.

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