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Formula 1 Secures Austin’s US Grand Prix at COTA Through 2034

The long-term agreement reflects F1’s U.S. expansion strategy, backed by record crowds and a multibillion-dollar economic boost to Texas.

Overview

  • The new eight-year extension replaces a deal due to end after 2026, confirming Austin’s place on the calendar into the next decade.
  • COTA will overtake Watkins Glen as the longest-serving F1 venue in the United States, according to circuit chairman Bobby Epstein.
  • Organizers report three-day attendances around 430,000–450,000, and F1 cites about $7 billion in cumulative economic impact, including more than $1 billion in 2023.
  • Promoters outlined venue upgrades tied to the deal, including a hilltop hotel, a convention center, theme-park elements like the Circuit Breaker coaster, and expanded pit and paddock facilities to accommodate future team growth.
  • The announcement came hours before Sunday’s race and was positioned alongside F1’s broader U.S. push with races in Miami and Las Vegas and a new Apple broadcast pact starting in 2026.