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Formula 1 Secures Austin Until 2034, Extending COTA's US Grand Prix Reign

Formula 1 Secures Austin Until 2034, Extending COTA's US Grand Prix Reign

Summary
Formula 1 has secured the Circuit of the Americas (COTA) in Austin to host the US Grand Prix through the 2034 season with an eight-year contract extension. This move reinforces COTA's status as a fan-favorite and a crucial anchor for F1's burgeoning presence in the United States, alongside Miami and Las Vegas. The deal highlights COTA's significant economic impact and its commitment to continuous facility upgrades.

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...

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