F1 inks 10-year Las Vegas contract extension

F1 has secured a 10-year contract extension for the Las Vegas Grand Prix, locking the event into the calendar through 2037. The race, which debuted in 2023, has rapidly become a cornerstone of Formula 1's presence in the United States, combining high-speed racing along the iconic Strip with significant economic impact.

Why it matters:

The extension cements Las Vegas as a long-term fixture in F1, signaling the sport's deep commitment to the American market. With three US races now firmly established, including Miami and Austin, Las Vegas has emerged as a marquee event that blends spectacle with serious racing, delivering billions in economic benefit to the region.

The details:

• The 6.2km Strip circuit passes landmarks including Bellagio, Caesars Palace, Wynn Las Vegas, and The Venetian, with cars often exceeding 200 mph.
• Past winners: Max Verstappen (2023, 2025), George Russell (2024). The 2024 race featured 113 overtakes and saw Verstappen clinch his fourth consecutive world title.
• Economic impact: The race has generated $3.2 billion in cumulative economic impact for Southern Nevada. The 2025 edition alone contributed $43 million in state and local tax revenue.
• Formula 1 president Stefano Domenicali: "We always believed that Las Vegas would become a cornerstone of our presence in the United States." Las Vegas Grand Prix CEO Emily Prazer called the extension "a defining moment."

The big picture:

The new deal through 2037 underscores the strength of F1's US growth strategy, which has seen the sport expand its American footprint dramatically. Las Vegas has evolved from a bold addition to an essential part of the calendar, attracting massive crowds and global attention. The long-term commitment provides stability for the event and reinforces the region's role in the sport's future.