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Las Vegas Grand Prix Extended Through 2027 as F1 Eyes Long-Term Commitment

Revenue of $934 million from the 2024 race weekend has made the Strip event one of Las Vegas’s most lucrative attractions

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Overview

  • Emily Prazer confirmed a two-year deal securing the Grand Prix for 2026 and 2027, with discussions underway for further extensions.
  • The 2024 race weekend generated $45 million in tax receipts, complementing its substantial citywide revenue impact.
  • Attendance hit 306,000 during race week, with 175,000 visitors coming from outside Nevada.
  • Officials credit the event with transforming the pre-Thanksgiving weekend into November’s most lucrative month in city history.
  • Formula 1’s Grand Prix Plaza has opened as a permanent paddock facility and Clark County plans to host the race through 2032.