Alejandro Agag has announced that ABB FIA Formula E has reached a deal to continue to race in Paris for a further three seasons.
The new arrangement with the city's authorities will come into effect after the 2018/19 race, which takes place later this month.
FE has raced in Paris since its second season and uses a 1.2-mile track around the historic Les Invalides area of the city.
"[We have made a decision] in the latest meeting to extend Formula E for another three years," Agag said in a press conference organised ahead of this year's Paris race.
"So [including] this year onwards, we've got four years of guaranteed Formula E in Paris.
"It really is great news. I'd like to thank Paris mayor Anne Hidalgo, the whole team from the city of Paris and all departments of the French state, which help us a lot.
"[This assistance includes] security, the Invalides' soldiers, the 7th district, Rachida Dati [mayor of Paris's 7th district]. Everyone gets together to make the race successful."
A different driver has won the Paris E-Prix in each of its three previous events.
Lucas di Grassi won the inaugural race back in 2016 for the Abt Audi squad and was followed by Renault e.dams driver Sebastien Buemi triumphing in 2017.
Jean-Eric Vergne won on his home streets last year for Techeetah.
Quotes translated by Benjamin Vinel