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F1’s Vegas Gamble Pays: Locked In Until 2037

Formula 1’s Las Vegas bet isn’t just paying off — it’s now been locked in for another decade.

F1 has confirmed a 10-year contract extension for the Las Vegas Grand Prix, guaranteeing the championship will keep racing on the streets around the Strip until at least 2037. The previous agreement had been due to run out in 2027, but the series and local stakeholders have chosen to go long, turning what began as a high-stakes new venture in 2023 into a permanent pillar of the calendar.

That matters, because Las Vegas was never designed to be a conventional promoter-run grand prix that simply hires some barriers and rolls out the welcome mat. F1 arrived with an all-new layout carved around the city’s most famous stretch of road — the long, high-speed blast down Las Vegas Boulevard — and built the event as a statement of intent in the United States. In a country where F1 has chased relevance for decades, Vegas was the sport effectively planting its flag right in the entertainment capital and daring the rest of the schedule to keep up.

The series says the race has generated more than $3.2 billion in economic impact for Southern Nevada across its first three runnings — a number that neatly underlines why both sides were willing to commit. Three races in, the event has also avoided the fate of being all spectacle and no substance: the on-track product has been strong enough to stop the cynics from sharpening their knives too early.

Max Verstappen has won two of the first three editions, both held under the lights in a Saturday night prime-time slot — a format that was a deliberate swing at a different kind of global audience and a different kind of destination race. Whether you love the show-business sheen or roll your eyes at it, Vegas has quickly become one of those weekends where the paddock feels like it’s operating on a slightly different frequency: heavier on the corporate energy, more intense on logistics, and inevitably more scrutinised because everything is happening in the centre of a city that never does things quietly.

F1 CEO Stefano Domenicali was clear on the series’ reasoning for committing so far ahead.

“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.

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“It has delivered a strong and lasting impact on the local economy and community. 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.”

Domenicali also credited the partners who helped get the deal over the line: the Las Vegas Grand Prix organisation, Clark County, and the Las Vegas Convention and Visitors Authority.

From the event side, the extension was framed as validation that the sometimes-chaotic business of staging a city-centre grand prix has settled into something stable — and, crucially, scalable.

“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,” said Emily Prazer, president and CEO of Las Vegas Grand Prix, Inc. “I’m incredibly proud of the team we have built in Las Vegas and of our shared commitment to supporting the Southern Nevada community.

“We’re deeply grateful to the Clark County Commission, LVCVA, our resort partners and the broader Las Vegas community for their continued collaboration and support in bringing this event to life.

“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.”

The timing is notable in a 2026 landscape where the calendar is increasingly a battleground of long-term deals, rotating arrangements and political trade-offs. Las Vegas getting secured through 2037 isn’t just a tick in the box for one race — it’s another signal that F1’s American expansion is now being treated as structural, not experimental. The series already has multiple U.S. events, but Vegas is the one that was built to feel like a flagship: glossy, loud, unapologetically modern, and designed to appeal beyond the core base without entirely losing the hardcore crowd.

For teams and drivers, a long contract also changes the tone. A new event can be approached as a novelty; a long-term stop becomes part of the sport’s muscle memory. Over time, setups get refined, weekends get streamlined, and the “how do we survive this circus?” attitude gives way to a colder question: how do we maximise it?

The next chapter arrives later this year. The 2026 Las Vegas Grand Prix is scheduled for 19-21 November — another late-season slot that tends to amplify the tension, especially when championships are still in play. And given the way Vegas has already proven it can produce proper racing to go with the razzle-dazzle, F1 has effectively ensured it will keep that particular pressure cooker in the mix for a long time yet.

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