Formula 1 will continue racing through the streets of Las Vegas until at least 2037 after a new 10-year extension was agreed upon by Las Vegas Grand Prix, Inc., Clark County officials, and the Las Vegas Convention and Visitors Authority (LVCVA).
Key Points:
- Formula 1 has secured a 10-year extension for the Las Vegas Grand Prix, keeping the race on the calendar through 2037.
- The event has generated a cumulative economic impact of $3.2 billion for Southern Nevada since its debut in 2023.
- All three editions from 2023 to 2025 sold out, helping establish Las Vegas as one of Formula 1's premier global destinations.
- The race has contributed millions to local education, charitable causes, and community development initiatives.
Las Vegas Grand Prix Secures Long-Term Future
Since joining the Formula 1 calendar in 2023, the Las Vegas Grand Prix has become one of the sport's most distinctive events, combining elite motorsport with the city's renowned entertainment, hospitality, and nightlife. The race has evolved into a major global attraction, bringing together influential figures from sport, business, culture, and entertainment.
Racing Under the Lights of the Strip
The event takes place on the 6.2km Las Vegas Strip Circuit, which winds through the heart of the city and passes famous landmarks such as Bellagio, Caesars Palace, Wynn Las Vegas, and The Venetian Resort Las Vegas. Drivers reach speeds exceeding 322kph along the spectacular street circuit.
The race has also gained mainstream recognition through its appearance in F1 The Movie, further enhancing its international profile. On the track, Max Verstappen has claimed victories in 2023 and 2025, while George Russell triumphed in 2024. That same season featured 113 overtakes and saw Verstappen secure his fourth consecutive Formula 1 world championship. Doriane Pin also captured the F1 ACADEMY title in Las Vegas in 2024.
Major Economic and Community Impact
Beyond the racing action, the Las Vegas Grand Prix has delivered significant benefits to Southern Nevada. Since its inaugural edition, the event has generated a combined economic impact of $3.2 billion, with every race from 2023 through 2025 selling out.
The 2025 event alone produced $43 million in state and local tax revenue, including $15 million earmarked for local K-12 education. Through the Las Vegas Grand Prix Foundation, more than $2 million has been donated to nonprofit organizations, while educational programs have provided opportunities for hundreds of students and community groups across Clark County.
Grand Prix Plaza, a 39-acre multipurpose venue and the world's largest Formula 1 attraction, has further strengthened the event's year-round presence. The facility serves as a gathering point for fans while also helping students explore STEM-related opportunities linked to motorsport. Both the Las Vegas Grand Prix and Grand Prix Plaza were recently recognized at the 2026 Green Sports Alliance Summit for their environmental initiatives and commitment to achieving a net-zero future.
Formula 1 Commits to Growing Presence in the United States
Formula 1 President and CEO Stefano Domenicali described the extension as a significant milestone, noting that the race has quickly established itself as a premier destination for world-class racing, entertainment, business leaders, celebrities, and fans.
He highlighted the event's positive impact on both the local economy and community, adding that Formula 1 always believed Las Vegas would become a key part of its long-term strategy in the United States. Domenicali also thanked Las Vegas Grand Prix organizers, Clark County, and the LVCVA for their continued support and vision.
Local Leaders Welcome Historic Extension
Las Vegas Grand Prix, Inc. President and CEO Emily Prazer called the agreement a defining moment for the event and credited the success to strong partnerships across the city and region.
She praised the support of local authorities, resort partners, and the wider Las Vegas community, while emphasizing that the city's unique atmosphere, hospitality, and scale have played a crucial role in shaping the race into a world-class spectacle.
LVCVA President and CEO Steve Hill also welcomed the extension, stating that the Grand Prix has become one of Las Vegas' signature global events within just three years. He said the race continues to showcase the city's evolution as a leading sports and entertainment destination and expressed pride in extending the partnership with Formula 1 for another decade and beyond.
