Formula 1 to race in Las Vegas until at least 2037
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- Formula 1 extended its Las Vegas Grand Prix contract by 10 years, guaranteeing races until at least 2037.
- Formula 1 invested $500 million to purchase a central Las Vegas site and built a new pit building and paddock.
- Stefano Domenicali said Las Vegas will remain a cornerstone of F1’s US presence and praised the extension as reinforcing long‑term commitment.
- Las Vegas Convention and Visitors Authority reported the Grand Prix generated $3.2 billion cumulative economic impact since 2023 and $43 million in tax revenue for the 2025 race.
- Sky Sports confirmed the contract extension agreement, echoing the F1 announcement.
Why it matters: Las Vegas gains a reliable revenue stream, with the Grand Prix delivering $43 million in tax receipts for 2025 and bolstering its reputation as a premier sports destination. Formula 1 secures a long‑term US market foothold.
