The 2023 Budapest Formula 3 round was a motor racing event held between 21 and 23 July at the Hungaroring, Mogyoród, Hungary.

It was the seventh round of the 2023 FIA Formula 3 Championship, and was held in support of the 2023 Hungarian Grand Prix.

Prior to the round at the Hungaroring, PHM Racing by Charouz announced that GB3 racer Woohyun Shin had taken over McKenzy Cresswell's seat for the rest of the season.

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