The Las Vegas Grand Prix has agreed to a two-year extension, ensuring Formula 1 cars will race down the Strip until at least 2027. With its unique position as a race promoted by the series itself, Vegas is secure on the calendar for the long term. Generating $934 million in revenue during the 2024 race weekend, the event is crucial for the city’s economy.
President and CEO of the Las Vegas Grand Prix, Emily Prazer, confirmed the extension until 2027, with plans for even further collaboration in the future. The city benefits greatly from the race, making November the best month in its history in terms of revenue. Las Vegas aims for a permanent spot on the F1 calendar, with extensions planned to expand in the coming years.
The race’s success was evident with Max Verstappen winning the F1 world championship in Vegas last year, adding to the city’s appeal. Despite challenges, both sides are committed to making the Grand Prix a long-term success and a significant annual event for Las Vegas.
