The vast majority of additions to the F1 schedule in recent years have been in entirely new territories for the championship - such as India and Korea - or brand new circuits in countries already familiar with F1, such as Austin in America and Valencia in Spain.
The Red Bull-owned Spielberg track hosted F1 in its original, super-fast, Osterreichring layout from 1970-87.
A redeveloped version known as the A1-Ring then brought the Austrian GP back from 1997-2003.
"I think it's absolutely brilliant and I was really happy to see F1 is going back to a super-traditional venue," said Webber.
"There have been so many grands prix there in the past. We've lost a lot of that with the grand prix we have gone to in the last six or seven years, so it's great to return to a venue with so much feel-good factor, and such a great location tucked into the mountains."
He believes Austria will be more successful than many of the all-new grand prix of recent seasons.
"The timing is right for them to have a grand prix. Along with America, it's one of our best additions we've had in the last few years," Webber said.
"Obviously there have been some that haven't been super-strong, let's say, but this one is. It will work great.
"And for Austria, it's brilliant medicine for the country. It's not easy in Europe now."