F1's Las Vegas Grand Prix locks in 10-year extension through 2037

Formula 1 has signed a 10-year contract extension with Clark County and the Las Vegas Convention and Visitors Authority to keep the Las Vegas Grand Prix on the calendar through at least 2037. The deal cements the race as a long-term tentpole event in F1's growing U.S. portfolio.

Why it matters:

After a rocky debut in 2023, the Las Vegas race has quickly become one of F1's most high-profile events, drawing celebrities, business leaders, and massive crowds. The extension reflects the sport's confidence in the U.S. market and the event's economic impact—claimed to be $3.2 billion cumulative for Southern Nevada over its first three years.

The details:

• The initial three-year contract signed in 2023 was extended for two more editions before this new 10-year deal was finalized.
• F1 itself acts as both the commercial rights holder and event promoter for the Las Vegas race, giving it direct control over the event's future.
• In 2025 alone, the event generated $43 million in state and local tax revenue, with $15 million allocated to local education.
• F1 CEO Stefano Domenicali called the race a “cornerstone of our presence in the United States” and thanked local partners for their support.
• The 6.2km street circuit around the Las Vegas Strip hosts its race in late November and was the site of Max Verstappen's 2024 title celebration.

The big picture:

Las Vegas initially faced resistance from local residents over disruption and infrastructure issues, but organizers made significant improvements in subsequent years. The event has now positioned itself alongside Monaco and Singapore as one of F1's premier destination races. The long-term contract gives both F1 and Las Vegas stability to plan further enhancements, including potentially more permanent paddock facilities and expanded fan zones.