{"id":476685,"date":"2026-06-04T23:36:12","date_gmt":"2026-06-04T23:36:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/476685\/"},"modified":"2026-06-04T23:36:12","modified_gmt":"2026-06-04T23:36:12","slug":"explained-why-the-las-vegas-grand-prix-has-earned-a-10-year-extension","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/476685\/","title":{"rendered":"EXPLAINED: Why the Las Vegas Grand Prix has earned a 10-year extension"},"content":{"rendered":"<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">Las Vegas has made quite the impression since returning to the Formula 1 calendar in 2023 \u2013 and it&#8217;s set to become a cornerstone for the sport in the United States after signing a 10-year extension&#8230;<\/p>\n<p>Wow, that&#8217;s a big deal!<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">You bet it is. The new contract means Formula 1 cars will be racing around the streets of the sports and entertainment capital of the world through to 2037. Such a long deal gives the race stability, which in turn allows the organisers to continue to invest in the overall event facility and fan experience.<\/p>\n<p>How successful has the event been so far?<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">The <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoibGFzX3ZlZ2FzX2dyYW5kX3ByaXhfbGlua19jbGlja2VkIiwiY2xpY2tUZXh0Ijp0cnVlLCJwYXRoIjoiaHR0cHM6Ly93d3cuZm9ybXVsYTEuY29tL2VuL3JhY2luZy8yMDI2L2xhcy12ZWdhcyIsInBhdGhUeXBlIjoiaW50ZXJuYWwifQ==\" href=\"https:\/\/www.formula1.com\/en\/racing\/2026\/las-vegas\" rel=\"nofollow noopener\" target=\"_blank\">Las Vegas Grand Prix<\/a> has delivered $3.2 billion in cumulative economic impact for Southern Nevada, with all three races from 2023 to 2025 selling out.<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">The 2025 race alone generated $43 million in state and local tax revenue while the Las Vegas Grand Prix Foundation has contributed more than $2 million to nonprofit organisations.<\/p>\n<p>What has F1 President and CEO Stefano Domenicali said about the news?<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">&#8220;We are thrilled that Formula 1 will continue racing in Las Vegas for many years to come,&#8221; he said. &#8220;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.<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">&#8220;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.&#8221;<\/p>\n<p>Fair enough about the racing \u2013 it&#8217;s been pretty damn good in the three races so far&#8230;<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">You&#8217;re not wrong. We&#8217;d go as far as to say the racing has been exceptional. The track has some pretty long straights \u2013 including a 2km stretch down the famous strip \u2013 and heavy braking zones which means several good overtaking spots.<\/p>\n<p>The cooler conditions have made things interesting, too&#8230;<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">Ah yes. As a night race, the temperatures at that time of year in November in Nevada are on the cooler side so that makes tyre warm up interest and leaves grip at a premium.<\/p>\n<p>Remind me, who won last year?<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">That would be a certain <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoibWF4X3ZlcnN0YXBwZW5fbGlua19jbGlja2VkIiwiY2xpY2tUZXh0Ijp0cnVlLCJwYXRoIjoiaHR0cHM6Ly93d3cuZm9ybXVsYTEuY29tL2VuL2RyaXZlcnMvbWF4LXZlcnN0YXBwZW4iLCJwYXRoVHlwZSI6ImludGVybmFsIn0=\" href=\"https:\/\/www.formula1.com\/en\/drivers\/max-verstappen\" rel=\"nofollow noopener\" target=\"_blank\">Max Verstappen<\/a>. The <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoicmVkX2J1bGxfbGlua19jbGlja2VkIiwiY2xpY2tUZXh0Ijp0cnVlLCJwYXRoIjoiaHR0cHM6Ly93d3cuZm9ybXVsYTEuY29tL2VuL3RlYW1zL3JlZC1idWxsLXJhY2luZyIsInBhdGhUeXBlIjoiaW50ZXJuYWwifQ==\" href=\"https:\/\/www.formula1.com\/en\/teams\/red-bull-racing\" rel=\"nofollow noopener\" target=\"_blank\">Red Bull<\/a> driver&#8217;s triumph, coupled with a double disqualification for <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoibWNsYXJlbl9saW5rX2NsaWNrZWQiLCJjbGlja1RleHQiOnRydWUsInBhdGgiOiJodHRwczovL3d3dy5mb3JtdWxhMS5jb20vZW4vdGVhbXMvbWNsYXJlbiIsInBhdGhUeXBlIjoiaW50ZXJuYWwifQ==\" href=\"https:\/\/www.formula1.com\/en\/teams\/mclaren\" rel=\"nofollow noopener\" target=\"_blank\">McLaren<\/a>, saw him move level with <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoib3NjYXJfcGlhc3RyaV9saW5rX2NsaWNrZWQiLCJjbGlja1RleHQiOnRydWUsInBhdGgiOiJodHRwczovL3d3dy5mb3JtdWxhMS5jb20vZW4vZHJpdmVycy9vc2Nhci1waWFzdHJpIiwicGF0aFR5cGUiOiJpbnRlcm5hbCJ9\" href=\"https:\/\/www.formula1.com\/en\/drivers\/oscar-piastri\" rel=\"nofollow noopener\" target=\"_blank\">Oscar Piastri<\/a> and close to within 24 points of <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoibGFuZG9fbm9ycmlzX2xpbmtfY2xpY2tlZCIsImNsaWNrVGV4dCI6dHJ1ZSwicGF0aCI6Imh0dHBzOi8vd3d3LmZvcm11bGExLmNvbS9lbi9kcml2ZXJzL2xhbmRvLW5vcnJpcyIsInBhdGhUeXBlIjoiaW50ZXJuYWwifQ==\" href=\"https:\/\/www.formula1.com\/en\/drivers\/lando-norris\" rel=\"nofollow noopener\" target=\"_blank\">Lando Norris<\/a> in the fight for the drivers&#8217; title.<\/p>\n<p>Who else has won in Vegas?<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">Verstappen won the first edition back in 2023, while <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoiZ2VvcmdlX3J1c3NlbGxfbGlua19jbGlja2VkIiwiY2xpY2tUZXh0Ijp0cnVlLCJwYXRoIjoiaHR0cHM6Ly93d3cuZm9ybXVsYTEuY29tL2VuL2RyaXZlcnMvZ2VvcmdlLXJ1c3NlbGwiLCJwYXRoVHlwZSI6ImludGVybmFsIn0=\" href=\"https:\/\/www.formula1.com\/en\/drivers\/george-russell\" rel=\"nofollow noopener\" target=\"_blank\">George Russell<\/a> claimed victory in 2024. That latter event was wild as it featured an impressive 113 overtakes and saw Verstappen claim his fourth successive world title.<\/p>\n<p>I&#8217;m already looking forward to the next one. When is it?<\/p>\n<p class=\"typography-module_body-s-regular__ul7F5 typography-module_md_body-m-regular__d9VRg typography-module_lg_body-l-regular__dPa5z\">That&#8217;ll be in November, with the first two practice sessions on the 19th, FP3 and Qualifying following on the 20th and the Grand Prix taking place on the 21st. You can book your tickets <a class=\"text-brand-hot-red underline decoration-1 hover:decoration-[3px]\" data-f1rd-a7s-click=\"rich_text_atom_click\" data-f1rd-a7s-context=\"eyJhY3Rpb25UeXBlIjoiaGVyZV9saW5rX2NsaWNrZWQiLCJjbGlja1RleHQiOnRydWUsInBhdGgiOiJodHRwczovL3RpY2tldHMuZm9ybXVsYTEuY29tL2VuL2YxLTU5MDA3LWxhcy12ZWdhcyIsInBhdGhUeXBlIjoiZXh0ZXJuYWwifQ==\" href=\"https:\/\/tickets.formula1.com\/en\/f1-59007-las-vegas\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Las Vegas has made quite the impression since returning to the Formula 1 calendar in 2023 \u2013 and&hellip;\n","protected":false},"author":2,"featured_media":476686,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[85,46,105],"class_list":["post-476685","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-il","tag-israel","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/476685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=476685"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/476685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/476686"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=476685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=476685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=476685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}