Formula 1 Announces 10-Year Extension of Las Vegas Grand Prix to 2037
Officials said the race has generated $3.2 billion in economic impact and $43 million in tax revenue since its 2023 debut.
- On Thursday, Las Vegas Grand Prix, Inc. and the Las Vegas Convention and Visitors Authority announced a 10-year contract extension ensuring Formula 1 will continue racing on the Las Vegas Strip through at least 2037.
- Since debuting in 2023, the event has delivered $3.2 billion in cumulative economic impact for Southern Nevada, prompting officials to secure the long-term deal and reinforce Las Vegas as a cornerstone of the sport's U.S. presence.
- Last year's race generated $43 million in state and local tax revenue, including $15 million for K-12 education, while the Las Vegas Grand Prix Foundation contributed over $2 million to local nonprofit organizations.
- With the long-term agreement secured, Formula 1 plans permanent infrastructure investments on Las Vegas Boulevard to reduce setup times, which LVCVA President and CEO Steve Hill described as "plug-and-play" upgrades.
- The extension positions Las Vegas alongside other major American venues: the Miami Grand Prix holds a contract through 2041, while Austin, Texas has secured the Formula One race through 2034.
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F1 Las Vegas Grand Prix extended to 2037 under new agreement
The F1 Las Vegas Grand Prix has been extended through 2037. Race officials announced the agreement in a Thursday news release that was packed with details on F1's economic impact, an estimated $3.2 billion over the first three years of the event.
Formula 1 Signs 10-Year Extension For Las Vegas Grand Prix
Formula 1 will continue its annual tradition of taking over the Las Vegas Strip through at least 2037, officials announced on Thursday. A 10-year extension has been signed by Las Vegas Grand Prix, Inc., Clark County officials and the Las Vegas Convention and Visitors Authority to keep Formula 1 in the Sports and Entertainment Capital of the World. âWe are thrilled that Formula 1 will continue racing in Las Vegas for many years to come,” Stefan…
Las Vegas to host Formula One until 2037
MONACO, June 4 : Las Vegas will continue to host a Formula One Grand Prix until at least 2037 after agreeing a 10-year contract extension, all parties announced on Thursday.The floodlit Saturday night race, which features drivers racing along the Nevada city's famed Strip at more than 200mph/320kph, is one of
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