Las Vegas Grand Prix set to remain on F1 calendar until 2027

• Current deal for Las Vegas Grand Prix expires this year
• Las Vegas officials have already agreed to shut Strip until 2032 for F1

The Las Vegas Grand Prix looks set to remain on the Formula One calendar until at least the 2027 season.

The race debuted in 2023 after substantial investment from the series, which reportedly spent more than US$500 million on setup costs in year one.

Despite this, the original deal was only agreed for three years, though city officials have an agreement in place to shut the Strip for the Las Vegas Grand Prix until 2032.

With no extension formally announced, the third US-based race on the Formula One calendar was still included in the recently released schedule for 2026.

Official confirmation of the contract extension therefore appeared imminent, and Formula One’s chief commercial officer Emily Prazer provided more clarity at last weekend’s Canadian Grand Prix.

“We’ve agreed collectively that we’re going to do a two-year extension for 2026 and ’27”, Prazer told the media in Montreal, as reported by The Athletic.

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

“As we all know, the race has had its challenges, but we’re coming out the other side. So we want to make sure that it continues to work for both sides.

“So collectively, we sat down and agreed that this was the best approach. We’re very much planning longer-term, but that’s kind of where we’re at right now.”

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Steve Hill, chief executive and president of the Las Vegas Convention and Visitors Authority (LVCVA), added: “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.

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

BlackBook says…

Formula One will be happy to secure the future of an event it has invested in significantly, even if just for two years initially. The Grand Prix Plaza, which cost at least US$240 million to build, has transformed Las Vegas into a Formula One destination outside of just the race weekend.

The race itself has also become a hub of commercial activity during its short time on the calendar. Many brands see the elevated visibility granted by the grandiose event as the perfect time to make a splash with announcements and activations.

But there have been numerous logistical challenges in establishing the event, while locals are far from convinced by the disruption caused by Formula One taking over the city.

However, the longer this race has to embed itself in the community, then the locals are sure to become more accustomed with the motorsport circus descending on Sin City for a week.