Formula 1 announced on June 4, 2026, the signing of a 10-year contract extension to keep the Las Vegas Grand Prix on its calendar through at least 2037 [1, 2]. The race, first held in 2023, runs on a street circuit incorporating the famous Las Vegas Strip and features a unique floodlit Saturday night schedule, with cars reaching speeds over 200 mph (320 kph) [3, 1, 2, 4].
Since its debut, the Las Vegas GP has generated an estimated $3.2 billion in cumulative economic impact for Southern Nevada and produced $43 million in combined state and local tax revenue in 2025 alone [3, 1, 2, 4]. Last year's three-day event attracted an official attendance of 300,000 spectators [1, 2].
Formula 1 has invested $500 million in land and new facilities at the Las Vegas site, including a 39-acre circuit complex with a purpose-built pit building and paddock [3, 4]. Unlike most other F1 venues that rely on independent promoters, F1 acts as both host and promoter of the Las Vegas race [4].
The extension reflects strong local support. Las Vegas Grand Prix Inc, Clark County officials, and the Las Vegas Convention and Visitors Authority have committed to the race's long-term future [1, 2]. Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, called the deal "a major moment for both Las Vegas and the grand prix" as the event continues to reinforce the city's status as a premier sports and entertainment destination [3]. Emily Prazer, president and CEO of the Las Vegas Grand Prix, described the extension as "a defining moment" and noted the strength of local partnerships [1].
Formula 1 CEO Stefano Domenicali said, "We are thrilled that Formula 1 will continue racing in Las Vegas for many years to come. We always believed that Las Vegas would become a cornerstone of our presence in the United States, and this extension, together with the success of recent years, reinforces our long-term commitment to this important market" [3]. He added the event had "rapidly establishing itself as a premier destination for great racing, world-class entertainment, global business leaders, A-list celebrities and influencers" [1].
The Las Vegas Grand Prix remains one of three Formula 1 races held in the US, alongside the Austin GP (contract through 2034) and Miami GP (through 2041) [1, 2, 4]. The next Las Vegas race is scheduled for November 2026.
