
Formula 1 Secures Austin Until 2034, Extending COTA's US Grand Prix Reign
Formula 1 has locked in Austin's Circuit of the Americas (COTA) as the home of the US Grand Prix for another decade, with an eight-year contract extension securing its place on the calendar through the 2034 season. This move solidifies COTA's role as a cornerstone of F1's booming presence in the United States.
Why it matters:
- The extension underscores Formula 1's commitment to its rapidly expanding American market, further cementing Austin's position alongside Miami and Las Vegas as key US venues.
- COTA has grown into a fan and driver favorite since its 2012 debut, known for its unique circuit design and vibrant atmosphere, making it crucial for maintaining F1's appeal in the region.
The Details:
- The new agreement ensures the US Grand Prix remains in Austin through the 2034 season, building on its success since 2012.
- F1 CEO Stefano Domenicali highlighted COTA's pivotal role in the sport's American expansion and praised the unwavering commitment of COTA chairman Bobby Epstein and Governor Abbott.
- COTA's Historic Milestone: With this extension, COTA will surpass Watkins Glen as the longest-serving Formula 1 track in the United States.
- Economic Impact: The US Grand Prix at COTA has become one of the world's largest single-weekend sporting events, delivering significant annual economic benefits to Central Texas.
- Venue Enhancements: COTA has continuously evolved into a comprehensive entertainment destination, adding a new hotel, convention center, and even a roller coaster. Future upgrades under the new contract are expected to include expanded pit garages for new entrants like Cadillac in 2026, and enhancements to luxury paddock club areas.
- Fan Engagement: The venue attracted an estimated 450,000 fans during this year's Grand Prix weekend, showcasing its immense popularity.
What's next:
COTA's long-term future is now secure, ensuring Austin continues to be a central hub for America's growing passion for Formula 1. The circuit's ongoing development and its established reputation are set to maintain its status as a premier event on the F1 calendar for years to come, complete with its unique Texan flair.
Original Article :https://f1i.com/news/551207-formula-1-locks-in-austin-cota-to-host-us-grand-prix...