Hispanic Business TVHispanic Business TV
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
      • Social Media Management
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Reading: F1 Las Vegas Grand Prix extended through 2037 after Clark County approval
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Hispanic Business TVHispanic Business TV
Search
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Have an existing account? Sign In
Follow US
© 2024 hispanicbusinesstv All Rights Reserved.
Hispanic Business TV > Las Vegas > F1 Las Vegas Grand Prix extended through 2037 after Clark County approval
Las Vegas

F1 Las Vegas Grand Prix extended through 2037 after Clark County approval

HBTV
Last updated: June 4, 2026 9:36 pm
HBTV
Share
7 Min Read
SHARE


MONACO — After weathering water valve cover issues and traffic headaches in its first few seasons, the Las Vegas Grand Prix is here to stay on the F1 calendar for another decade.

Clark County commissioners in Nevada approved the 10-year extension of the Las Vegas GP,  which made its debut in 2023,  in mid-May after reviewing its economic and local impacts.

“Formula 1 has a huge opportunity for growth in the US — it’s a fantastic nation of true sports lovers,” Stefano Domenicali, President & CEO of Formula 1, said in a written statement to The Athletic. “We’re learning respectfully from established sports like NBA and NFL how to be relevant to both existing fans and those who are new and curious about F1.”

“We’ve gone from one race to three in the USA in just a few short years, and this 10-year extension to the Las Vegas Grand Prix shows our commitment both to North America and to working with our partners over the long-term to deliver investment that will continue to elevate the event and deliver something new and exciting every year.”

This long-term contract, which will keep the race on F1’s calendar through 2037, allows Las Vegas GP to make necessary infrastructure investments to streamline logistics and consolidate setup and teardown timelines.

Inside the Commission Chambers in the Clark County Government Center on May 19, seven members met to discuss a variety of matters for the regular Board of County Commissioners meeting. One of those was whether to approve a contract extension for the Las Vegas GP.

This race hasn’t always had the community’s widespread support. When the Las Vegas GP was announced in March 2022, F1 had 18 months to create an operational street circuit that included the Las Vegas Strip, one of the most famous streets in the U.S.

Steve Hill, the CEO and president of the Las Vegas Convention and Visitors Authority (LVCVA), the public tourism body that brokered the race’s Strip deal and funds it annually, told The Athletic that the inaugural race didn’t leave enough time to prepare properly, including understanding the impact on the community.

“The complaints were fair, and I’ve said, ‘If we had to do year one each year, it was too hard, we wouldn’t do it,’” Hill said.

Lando Norris in the 2025 Las Vegas GP (Alex Bierens de Haan/Getty Images)

Members of the local community raised numerous concerns in the build-up to the 2023 Las Vegas Grand Prix. The city endured months of repaving, particularly in dense traffic areas like Las Vegas Boulevard and Koval Lane, which led to commuting headaches. Some businesses claimed they saw a loss in profit with decreased foot traffic, as well.

Several businesses filed suits against race organizers, Liberty Media, and Clark County. Ferraro’s Ristorante, Stage Door Casino, Battista’s Hole in the Wall, and Ellis Island all pursued legal action, with race officials ultimately settling each case out of court, according to the Las Vegas Review-Journal.

With the paving project now in the rear-view mirror, Hill estimated that alone “takes about 60 percent of the disruption away.” Race organizers say they’ve slowly learned to set up and tear down more efficiently, with crews starting setup in late September and dismantling ending in early December for the late-November race.

The 10-year extension, in theory, allows for real investment into the race, largely from an infrastructure standpoint. As Hill said, “You can’t really invest capital dollars if you’re going to have only certainty for three years or two years.”

The push for better community relations seems to have yielded results. At the commissioners’ meeting, the motion passed unanimously after just two minutes of deliberation. Hill said about the commissioners’ meeting: “The conversation around the race at this point was an acknowledgment of Formula 1 stepping up in the community, and how they have now made such a difference in Las Vegas and Clark County.”

Committing to a longer contract extension should allow the race to evaluate and improve the logistics of the Las Vegas GP.

Emily Prazer, the president and CEO of Las Vegas GP, said plans needed to be in place to make a race economically friendly from a logistics perspective as well, “because unlike other race tracks, where they can invest in permanent infrastructure, there’s only so much permanent infrastructure that we could ever invest in” as a downtown street circuit.

One of LVGP’s permanent properties is Grand Prix Plaza, the 300,000-square-foot pit building complex Liberty Media built for $500 million on the northeast corner of Harmon Avenue and Koval Lane. It’s open year-round. This 10-year extension may allow the race to improve infrastructure around the property and “for consolidation of build times, which the county needs,” she said.

“The temporary nature of what we’ve been doing means that we’ve done short-term revolving contracts with different suppliers, which just isn’t efficient,” Prazer said. “Now we’ve got the opportunity to either buy some of that infrastructure, keep it permanent, but also evaluate building permanent team hospitality as an example.”

Other ideas include putting permanent power in for the overhead lights, a logistical challenge that a majority of tracks don’t face, considering this is a street circuit and a night race, and permanent bridges instead of the three temporary structures currently in place.

Creating the temporary bridges means shutting down a major intersection for a week to set it up and a week to tear it down, which amounts to closing it to traffic for roughly four to five percent of the year.

“We’ve gotten to the point now where we think we can make weeks of improvement with capital investment, but without that capital investment, I think we’re just tweaking things on the fringe, and that’s not really … we want to take the next thing,” Hill said.



Source link

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article OSI Ranked 3rd Largest Latino-Owned Business in 2025 by Silicon Valley Business Journal
Next Article Houston Ties for No. 2 Metro in Fortune 500 HQ Ranking
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
InstagramFollow
- Advertisement -
Ad imageAd image

Latest News

National Fellowship Positions Davidson Leader to Shape the Future of Higher Education
Education
June 4, 2026
Lucy, Desi and the Community They Still Inspire
Latino Lifestyle
June 4, 2026
Houston Ties for No. 2 Metro in Fortune 500 HQ Ranking
Houston
June 4, 2026
OSI Ranked 3rd Largest Latino-Owned Business in 2025 by Silicon Valley Business Journal
Business
June 4, 2026

Advertise

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

HispanicBusinessTV is your go-to source for the latest in Latino lifestyle, culture, and business news. Stay informed and inspired with our comprehensive coverage and in-depth stories.

Quick links

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

Top Categories

  • Business
  • HBTV Sports
  • Entertainment
  • Culture

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2025 HispanicBusinessTV.com All Rights Reserved. A WooWho Network Digital Property.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?