Formula 1’s future in Las Vegas is officially secured for the long haul.

F1 announced Thursday that the Las Vegas Grand Prix has signed a contract extension that will keep the race on the calendar through at least the 2037 season, ensuring the high-profile event remains one of the sport’s marquee destinations for more than a decade to come.

The race debuted in 2023 on the 3.8-mile Las Vegas Strip Circuit and quickly became one of the most recognizable events in global motorsports. While the original agreement was expected to evolve into a longer-term commitment, Formula 1, Las Vegas Grand Prix, Inc., Clark County officials, and the Las Vegas Convention and Visitors Authority (LVCVA) have now formally extended the partnership for an additional 10 years beyond the 2026 event.

F1 Doubles Down on Las Vegas

Formula 1 President and CEO Stefano Domenicali said the extension reinforces the championship’s commitment to the United States and one of its most important markets.

“We are thrilled that Formula 1 will continue racing in Las Vegas for many years to come,” Domenicali said.

“Since its debut in 2023, the event has been extraordinary, rapidly establishing itself as a premier destination for great racing, world-class entertainment, global business leaders, A-list celebrities and influencers.”

Domenicali emphasized the event’s impact both on and off the track, pointing to its economic success and growing significance within the sport’s expanding North American footprint.

“We always believed that Las Vegas would become a cornerstone of our presence in the United States, and this extension reinforces our long-term commitment to this important market.”

Economic Impact Continues to Grow

According to Formula 1, the Las Vegas Grand Prix has generated approximately $3.2 billion in cumulative economic impact for Southern Nevada since its inaugural race in 2023.

The series also reported that last year’s event alone produced $43 million in state and local tax revenue, highlighting the race’s growing influence on the region’s economy.

The Grand Prix has become one of the city’s biggest annual attractions, drawing race fans, celebrities, corporate leaders, and international visitors to the entertainment capital of the world.

Las Vegas Embraces Long-Term Partnership

Las Vegas Grand Prix President and CEO Emily Prazer called the agreement a milestone moment for the event and the city.

“Securing a 10-year extension through 2037 is a defining moment for the Las Vegas Grand Prix and a reflection of the strength of our local partnerships.”

Prazer credited the collaboration between Formula 1, local government leaders, tourism officials, and resort partners for helping establish the race as a major international event.

“Las Vegas is unlike anywhere else in the world, and its energy, hospitality, and scale have played a major role in shaping what this race has become.”

“This long-term extension allows us to continue delivering a world-class experience for our fans.”

Vegas Continues Sports Transformation

The extension represents another major step in Las Vegas’ evolution from an entertainment destination into one of the premier sports cities in North America.

LVCVA President and CEO Steve Hill pointed to the city’s recent success attracting major professional sports franchises and global events.

“Extending our partnership with Formula 1 for the next decade is a major moment for both Las Vegas and the grand prix.”

The city has already welcomed:

• The NFL’s Las Vegas Raiders
• The NHL’s Vegas Golden Knights
• The WNBA’s Las Vegas Aces
• Major boxing and UFC events
• College and professional championships

The Formula 1 race has become a centerpiece of that strategy.

“In just three years, the race has become a signature global event — putting Las Vegas at the center of culture, competition and entertainment during race week,” Hill said.

A Permanent Fixture on the F1 Calendar

While the Las Vegas Grand Prix initially faced questions regarding logistics, local disruption, and long-term viability, the event has quickly established itself as one of Formula 1’s premier destinations.

With the new agreement in place, fans can expect the neon-lit spectacle of Formula 1 cars racing down the Las Vegas Strip to remain a staple of the championship calendar for years to come.

The extension guarantees Formula 1 will continue racing under the lights in Las Vegas through at least 2037, cementing the event’s place alongside Monaco, Silverstone, Monza, and other iconic races as one of the sport’s defining venues.

For Formula 1, Las Vegas is no longer an experiment.

It’s now a long-term cornerstone of the championship’s future.