F1 Extends Las Vegas Grand Prix Contract Through 2037
Formula 1 has secured a 10-year contract extension for the Las Vegas Grand Prix, guaranteeing the race will remain on the championship calendar until at least 2037. The agreement, announced by Formula 1, the Las Vegas Grand Prix, Inc., Clark County, and the Las Vegas Convention and Visitors Authority (LVCVA), transforms the event from a recent venture into a long-term fixture.
The extension replaces a previous agreement set to expire in 2027. Since its debut in 2023, the race has been held on a 6.2-kilometer street circuit that incorporates the Las Vegas Strip, featuring cars reaching speeds over 322 kilometers per hour. The event is held under lights in a Saturday night primetime slot and has sold out all three of its editions to date.
Officials cited the event's significant economic impact and sporting success as key reasons for the long-term commitment. Formula 1 states the race has generated over $3.2 billion in economic impact for Southern Nevada across its first three years. In 2025 alone, it reportedly generated $43 million in state and local tax revenue, with $15 million directed to local K-12 education funding. The Las Vegas Grand Prix Foundation has also contributed...