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5–7 Jun

$3.2 billion later, F1 commits to the Las Vegas Grand Prix through 2037

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  • Las Vegas secures a 10-year contract extension, keeping it on F1 calendar until 2037.
  • Three sold-out races have delivered $3.2 billion impact for Southern Nevada economy.
  • Domenicali names Las Vegas a “cornerstone” of F1’s long-term strategy in the US.

Formula 1 has signed a 10-year extension to keep the Las Vegas Grand Prix on the calendar through 2037.

The deal, announced on June 4, brings together F1, Las Vegas Grand Prix, Inc., Clark County officials and the Las Vegas Convention and Visitors Authority (LVCVA). It locks in 12 more editions of the race, including the one already scheduled for Nov. 19-21 this year.

The extension will come into effect following a previous two-year arrangement that ran through 2027, according to the Las Vegas Review-Journal.

A decade-long commitment to the Las Vegas GP

The race runs on the 6.2-kilometre Las Vegas Strip Circuit, F1’s only night event.

Cars hit speeds above 322kph past landmarks including the Bellagio, Caesars Palace, Wynn Las Vegas and The Venetian Resort. All three editions held so far have sold out.

F1 says the race has generated $3.2 billion in cumulative economic impact across Southern Nevada since 2023. In 2025 alone, it produced $43 million in state and local tax revenue.

Of that, $15 million went directly to local K-12 education. Those numbers help explain why both sides moved quickly toward a long-term deal.

Why F1 was so keen to stay in ‘Sin City’

F1 president and CEO Stefano Domenicali described the extension as confirmation of something the sport had long believed.

He said the event had established itself as “a premier destination for great racing, world-class entertainment, global business leaders, A-list celebrities and influencers.”

Domenicali added that F1 had “always believed that Las Vegas would become a cornerstone of our presence in the United States.” The new deal, he said, “reinforces our long-term commitment to this important market.”

Las Vegas now sits alongside Austin, under contract through 2034, and Miami, locked in through 2041, to give F1 three secure American races for the coming years.

What the local partners are saying

Emily Prazer, president and CEO of Las Vegas Grand Prix, Inc., called the extension a turning point for the event.

She said, “Securing a 10-year extension through 2037 is a defining moment for the Las Vegas Grand Prix and a reflection of the strength of our local partnerships.”

Prazer credited the city’s character as a central part of what has made the race work. She noted that “Las Vegas is unlike anywhere else in the world. Its energy, hospitality, and scale have played a major role in shaping what this race has become.”

Steve Hill, president and CEO of the LVCVA, pointed to how fast the event had found its footing. He said that “in just three years, the race has become a signature global event,” one that places “Las Vegas at the centre of culture, competition, and entertainment during race week.”

Hill added that the city was “proud to continue this dynamic partnership with Formula 1 for the next decade and beyond.”

The race has delivered competitive moments to match the spectacle. Max Verstappen won the inaugural 2023 edition and again in 2025, with George Russell taking the 2024 race. Verstappen also clinched his fourth consecutive world championship in Las Vegas that year, adding another chapter to what organisers now hope will be a very long story on the Strip.

Mason is an experienced sports journalist who has written for many publications and websites on a wide range of sports, including football, cricket, golf and rugby. He is also an avid and knowledgeable motorsports fan and has written extensively on F1, e-Prix, IndyCar and NASCAR.

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