Formula 1 will continue to visit Las Vegas, Nevada, for at least two more seasons as part of a massive extension that includes $20 million in sponsorship.
According to the Las Vegas Review-Journal, the Las Vegas Convention and Visitors Authority Board of Directors voted unanimously on Tuesday to spend $20 million sponsoring the Formula 1 race. The LVCVA will spend $10 million each year to sponsor races in 2026 and 2027.
This surpasses the previous agreement, which included $6.5 million per year for the Las Vegas Grand Prix in 2023, 2024, and 2025. This year's event, which closes out the initial contract, will take place on Nov. 20-22.
The return of F1 to Las Vegas should not come as a surprise. The open-wheel racing series previously released its 2026 schedule, which included a trip to Nevada on Nov. 19-21, 2026. However, Tuesday's vote provided concrete details about the length of this extension and the amount of money the LVCVA will invest into growing the event.
"We're thrilled with the Las Vegas Convention and Visitors Authority's action today, officially approving our continued partnership with the destination," said Emily Prazer, president & CEO of the Las Vegas Grand Prix.
"The strong relationships we've built with the tourism and business communities have made it possible for us to present one of the most exciting and anticipated races on the Formula 1 calendar. We look forward to working together for many years to come."
F1 first visited Las Vegas during the 2023 season. Max Verstappen led 29 of the 50 laps and scored the win in the inaugural event en route to his third consecutive World Drivers' Championship. The series returned to Sin City in 2024 as George Russell delivered the win for Mercedes. Then-teammate Lewis Hamilton finished second.
This $20 million deal with Las Vegas marks the second major extension between F1 and a United States city. Back in May, the racing series signed a massive, 10-year extension with South Florida Motorsports. The top stars in F1 will continue to visit Miami every season through 2041, making the Miami Grand Prix the longest contracted event on the race calendar.