Las Vegas agrees two-year Formula One contract extension through 2027

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MONTREAL — The Las Vegas Grand Prix will remain part of the Formula One calendar for at least the next two years after officials confirmed they have agreed an extension to cover 2026 and 2027.

Las Vegas joined the F1 calendar in 2023 on an initial three-year contract, albeit with a long-term commitment in place from the casino partners and a 10-year approval from Clark County for the race to take place along the Strip.

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Earlier this week, F1 announced the 2026 calendar including Las Vegas despite there being no formal communication about the race being renewed beyond this year.

Senior leadership members from casino partners including Wynn, the MGM Grand, Caesars and the Venetian, plus the Las Vegas Convention and Visitors Authority, were in Montreal on Saturday to take part in a media panel discussing the future of the Las Vegas Grand Prix, and referred to an “extension” being in place.

Asked by The Athletic to clarify the contractual status of the grand prix, Emily Prazer, the president of the Las Vegas Grand Prix and chief commercial officer of F1, confirmed that a two-year renewal had been agreed by the various partners.

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

“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 was the best approach. We’re very much planning longer-term, but that’s kind of where we’re at right now.”

Steve Hill, the CEO and president of the 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.”

The Las Vegas Grand Prix endured a tricky debut in 2023 amid concerns from fans about ticket and hotel prices, as well as an issue with a loose water valve cover on Thursday night in practice that led to FP1 being cancelled and FP2 being significantly delayed.

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But it ended up being one of the best races of the year with plenty of overtaking, and the track layout proved popular with the drivers, while the high price points were addressed for 2024, including a significant drop in hotel rates.

For 2025, officials in Las Vegas have brought forward the start time from its previous slot of 10 p.m. PT on Saturday to 8 p.m. after feedback from both paddock personnel and fans about it being too late to start the race.

(Alex Bierens de Haan/Getty Images for Heineken)

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