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Formula 1 Extends Las Vegas Grand Prix Deal Through 2037 - News Directory 3

Formula 1 Extends Las Vegas Grand Prix Deal Through 2037

June 11, 2026 David Thompson Sports
News Context
At a glance
  • Formula 1 will continue racing in Las Vegas through 2037 after agreeing to a 10-year contract extension with Las Vegas Grand Prix officials, according to Performance Racing Industry.
  • The extension secures the sport's presence in the Nevada desert through the 2037 season.
  • The 10-year extension provides stability for one of the most expensive and complex logistics operations on the F1 calendar.
Original source: performanceracing.com

Formula 1 will continue racing in Las Vegas through 2037 after agreeing to a 10-year contract extension with Las Vegas Grand Prix officials, according to Performance Racing Industry. The agreement, reported June 11, 2026, ensures the event remains a fixture of the championship calendar for another decade.

The extension secures the sport’s presence in the Nevada desert through the 2037 season. This long-term commitment follows the race’s integration into the Formula 1 schedule as a high-profile night event held on the Las Vegas Strip.

Why did Formula 1 extend the Las Vegas Grand Prix?

The 10-year extension provides stability for one of the most expensive and complex logistics operations on the F1 calendar. According to Performance Racing Industry, the deal locks in the venue through 2037, allowing the sport to maintain its strategic growth in the North American market.

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Las Vegas represents a specific commercial pillar for the sport. The race attracts significant corporate sponsorship and high-net-worth tourism, which aligns with Formula 1’s broader objective of increasing revenue per event.

How does the Las Vegas contract differ from other F1 races?

The Las Vegas Grand Prix operates under a different financial model than the majority of races on the calendar. Most Formula 1 events are managed by local promoters who pay a sanctioning fee to Formula One Management (FOM) for the right to host a race.

Formula 1 Preview: 2024 Las Vegas Grand Prix

In Las Vegas, FOM acts as the promoter. This means Formula 1 assumes the operational risks and costs but retains a significantly higher portion of the profits from ticket sales and hospitality. This direct-ownership model is a rarity in the sport’s history, making the long-term extension a direct bet on the city’s continued viability as a luxury sports destination.

This contrasts with the United States Grand Prix in Austin, where the Circuit of the Americas operates under a more traditional promoter-led arrangement. While Austin provides a stable, permanent facility, Las Vegas offers a temporary street circuit that maximizes visibility in a global entertainment hub.

What is the impact on the F1 North American schedule?

The extension solidifies a three-race presence in the United States, alongside the Miami Grand Prix and the United States Grand Prix. By securing Las Vegas through 2037, F1 ensures that its U.S. footprint remains intact for the next decade.

What is the impact on the F1 North American schedule?

The concentration of races in the U.S. is part of a larger shift toward markets with high commercial growth potential. The Las Vegas event specifically targets the intersection of sports and entertainment, utilizing the city’s infrastructure to create a spectacle that differs from the traditional racing atmosphere found in Europe.

Analysts of the sport’s expansion note that the longevity of this deal reduces the uncertainty often associated with street circuit permits and city-center disruptions. With the contract extending to 2037, the city and the sport have a shared timeline for infrastructure improvements and event planning.

What happens next for the Las Vegas Grand Prix?

The event will continue to operate as a night race on the Las Vegas Strip. The long-term nature of the contract allows Formula 1 to plan multi-year upgrades to the track layout and fan experience without the risk of immediate contract renegotiation.

Formula 1 officials have not announced specific changes to the race format or date as a result of this extension. The event remains one of the most logistically challenging on the calendar due to the requirement of closing public roads in a major tourist district.

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