Sunday

06-15-2025 Vol 1992

Las Vegas Grand Prix Secures Contract Extension Through 2027

MONTREAL — The Las Vegas Grand Prix will remain a fixture on the Formula One calendar for at least the next two years, as officials confirmed an extension to cover the 2026 and 2027 seasons.

Originally joining the F1 calendar in 2023 with a three-year contract, the Las Vegas event has the backing of its casino partners and a decade-long approval from Clark County for races along the Strip.

Earlier this week, Formula One announced its 2026 calendar, which includes the Las Vegas Grand Prix, even in the absence of any prior formal confirmation regarding the race’s renewal.

Participants from major casino partners, including Wynn, MGM Grand, Caesars, and the Venetian, as well as representatives from the Las Vegas Convention and Visitors Authority (LVCVA), gathered in Montreal on Saturday for a media panel where the race’s future was discussed.

During the panel, Emily Prazer, the president of the Las Vegas Grand Prix and chief commercial officer of F1, provided clarification on the contractual situation.

Prazer confirmed that a two-year extension had been mutually agreed upon by the various stakeholders.

“We’ve agreed collectively that we’re going to do a two-year extension for 2026 and ’27,” she stated.

She emphasized, “We want to make sure that we’re continuing to evolve what we’re doing. But the intent is a much longer-term arrangement.”

Despite the debut year of 2023 being marred by concerns over ticket and hotel prices and specific logistical issues, including a water valve cover problem that canceled the first practice session, the race ultimately provided an exciting spectacle filled with overtaking.

Feedback from both fans and drivers highlighted the popularity of the track layout, prompting officials to address issues related to high ticket prices for the 2024 event, along with significant reductions in hotel rates.

Steve Hill, CEO and president of LVCVA, weighed in on the race’s future, remarking, “The length of extensions don’t really reflect anything other than it just makes sense incrementally. We know what’s going to happen over the next couple of years.”

He expressed optimism, saying, “We’re planning on this being a permanent race; we’ll just keep planning extensions that will probably expand as we go forward.”

Looking toward 2025, race organizers are responding to feedback concerning scheduling by moving the race start time from its original slot of 10 p.m. PT on Saturday to an earlier start of 8 p.m., aiming to facilitate a more favorable viewing experience for fans and teams alike.

As preparations for the coming races continue, officials anticipate a formal announcement from F1 confirming the extension once all contractual details are finalized.

image source from:https://www.nytimes.com/athletic/6425951/2025/06/14/las-vegas-agrees-two-year-formula-one-contract-extension-through-2027/

Abigail Harper