LAS VEGAS (FOX5) — Formula 1 will continue racing in Las Vegas through 2037 following a new 10-year extension.

Las Vegas Grand Prix, Inc., Clark County officials and the Las Vegas Convention and Visitors Authority have committed to the long-term future of the event.

MORE ON FOX5: Clark County votes ‘yes’ to extend Las Vegas Grand Prix through 2037

Since debuting on the Formula 1 calendar in 2023, the Las Vegas Grand Prix has delivered $3.2 billion in cumulative economic impact for Southern Nevada, with all three races from 2023 through 2025 selling out. In 2025 alone, the race generated $43 million in state and local tax revenue, including $15 million allocated to support local K-12 education.

The race takes place on the 3.8-mile Las Vegas Strip Circuit, where drivers exceed speeds of 200 mph while passing landmarks including Bellagio, Caesars Palace, Wynn Las Vegas and The Venetian Resort Las Vegas.

Max Verstappen has claimed victory twice in 2023 and 2025, with George Russell winning in 2024. The 2024 event witnessed 113 overtakes and Verstappen secured his fourth consecutive FIA Formula One World Drivers’ Championship. Last year, Doriane Pin claimed the F1 Academy title for the first time.

Grand Prix Plaza, a 39-acre, multi-use complex, provides a hub for fans and the community while giving students from across the region the opportunity to explore the links between STEM education and motorsport. Las Vegas Grand Prix and Grand Prix Plaza were recently recognized at the 2026 Green Sports Alliance Summit for leadership in environmental innovation and their commitment to a net-zero future.

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

Emily Prazer, president and CEO of Las Vegas Grand Prix, Inc., said securing a 10-year extension through 2037 is a defining moment for the Las Vegas Grand Prix.

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

Steve Hill, president and CEO of LVCVA, said extending the partnership with Formula 1 for the next decade is a major moment for both Las Vegas and the Grand Prix.

“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.

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