F1 extends the Las Vegas GP until 2027: Races in Sin City!

alofoke
3 Min Read

Las Vegas Grand Prix Secures its Formula 1 Future until 2027

Formula 1 and the Las Vegas Grand Prix have formalized an agreement to extend their collaboration until 2027. Both parties express their desire to continue this partnership beyond the present decade. The debut of the Las Vegas race in F1 took place in 2023, with an initial three-year contract. The circuit, which includes an iconic straight along the city’s famous Strip, has been a focal point. Clark County had already confirmed its plans for the race to be held until 2032, and the Las Vegas event was on the 2026 calendar, although technically without an officially confirmed agreement. On Saturday, Formula 1 confirmed the next contractual cycle for this new and prominent race.

“We have collectively agreed to a two-year extension for 2026 and 2027,” said Emily Prazer, president of the Las Vegas Grand Prix, on Saturday. “We want to make sure we continue to evolve what we do. The intention is a long-term agreement.”

Emily Prazer, President of the Las Vegas Grand Prix
Prazer also added that, despite the initial challenges, the career is overcoming obstacles and seeks to ensure that it continues to be beneficial for both parties. It is planned for the long term, although for now they have focused on these next few years.
F1 extends the Las Vegas GP until 2027: Races in Sin City!
La Fórmula 1 ha competido en Las Vegas dos veces en la era moderna, en 2023 y 2024.
The Las Vegas event in 2025 will take place on November 22nd, maintaining its traditional position the weekend before Thanksgiving. The city authorities attribute the race to having transformed that weekend, which used to be one of the least commercially successful, into one of the most lucrative. Historically, November has been one of the weakest months for Las Vegas, but last year, it was the most commercially successful in the city’s history. The figures revealed this year indicate that the 2024 event generated $934 million in revenue and collected $45 million in taxes. Formula 1 has built a permanent facility in the heart of Las Vegas, the Grand Prix Plaza, which serves as the paddock on race day. With a clear desire from both parties to continue long-term, there is no rush to secure longer-term agreements. Steve Hill, CEO and president of the Las Vegas Convention and Visitors Authority, commented that the length of the extensions reflects a logical and gradual approach, with plans to move forward.

We are planning for this to be a permanent race, and we will continue to plan extensions that will likely expand as we move forward.

Steve Hill, CEO and President of the Las Vegas Convention and Visitors Authority
Share This Article