{"id":12162,"date":"2025-10-20T12:13:11","date_gmt":"2025-10-20T12:13:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/12162\/"},"modified":"2025-10-20T12:13:11","modified_gmt":"2025-10-20T12:13:11","slug":"f1-extends-us-grand-prix-in-austin-with-8-year-deal-through-2034","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/12162\/","title":{"rendered":"F1 extends US Grand Prix in Austin with 8-year deal through 2034"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 kNAFkD cuqaEv article-text\">AUSTIN, Texas \u2013 Formula 1 on Sunday announced an eight-year extension with the Circuit of the Americas to continue hosting the <a href=\"https:\/\/apnews.com\/article\/verstappen-mclaren-crash-9ab02c13dc9948ad6a34fe61e5b8dfac\" rel=\"nofollow noopener\" target=\"_blank\">United States Grand Prix<\/a> through 2034.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The central Texas track has been a key U.S. footprint for the global motorsports series since it opened in 2012. The race has become one of the highest-attended events on the schedule every year, with officials claiming more than 400,000 fans in 2022 and 2023.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cWe\u2019re glad Formula 1 has found a home in Texas, and are grateful to the fans, teams, and the entire F1 community who have consistently supported us and made the United States Grand Prix a favorite stop on the global calendar,\u201d track president Bobby Epstein said in a statement.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The extension was announced just a few hours before Sunday\u2019s race. According to track officials, this year\u2019s race weekend included fans from all 50 states and 60 countries.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 kNAFkD cuqaEv article-text\">The Circuit of the Americas is the only purpose-built F1 track in the country and hosted the only F1 race in the U.S. from 2012-2021. The series has now expanded to include races in Miami and Las Vegas, and <a href=\"https:\/\/apnews.com\/article\/f1-miami-extension-2041-e5e97f2a14f8e5c57cb1bb3e788cb894\" rel=\"nofollow noopener\" target=\"_blank\">recently extended the Miami Grand Prix<\/a> through 2041.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The U.S. Grand Prix also has a unique arrangement with the state of Texas that allows race officials to apply annually for tax revenue to help pay F1\u2019s license fee for staging the event. Since 2012, the state has paid more than $300 million.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Formula 1 officials say the race has generated an economic impact of about $7 billion for Austin and Texas since it began.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Stefano Domenicali, president and chief executive officer of Formula 1, noted the track\u2019s role in \u201cestablishing the strong foundation we now enjoy in the U.S.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cAs Formula 1 continues to grow and thrive in the United States, we are proud to extend our partnership with Bobby Epstein and his outstanding team in Austin, as well as with Governor (Greg) Abbott, whose leadership has been instrumental in supporting the sport\u2019s development in Texas and beyond,\u201d Domenicali said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 kNAFkD cuqaEv article-text\">The race contract comes three days after Formula 1 announced a <a href=\"https:\/\/apnews.com\/article\/f1-apple-us-television-rights-96d590cd5372b70d533cffb123d075b2\" rel=\"nofollow noopener\" target=\"_blank\">five-year deal with Apple<\/a> to be the series\u2019 U.S. broadcast partner beginning next season.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">___<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 kNAFkD cuqaEv article-text\">AP auto racing: <a href=\"https:\/\/apnews.com\/hub\/auto-racing\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/apnews.com\/hub\/auto-racing<\/a><\/p>\n<p>Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.<\/p>\n","protected":false},"excerpt":{"rendered":"AUSTIN, Texas \u2013 Formula 1 on Sunday announced an eight-year extension with the Circuit of the Americas to&hellip;\n","protected":false},"author":2,"featured_media":12163,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,10328,154],"class_list":{"0":"post-12162","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-austin","8":"tag-austin","9":"tag-austin-headlines","10":"tag-austin-news","11":"tag-bobby-epstein","12":"tag-sports"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/12162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=12162"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/12162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/12163"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=12162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=12162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=12162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}