F1 Makes Huge Commitment To Miami Grand Prix With Contract Announcement
Formula 1 has today announced that the Miami Grand Prix will remain on the calendar through 2041. The event, which is held at the Hard Rock Stadium, has signed a ten-year contract extension.
The inaugural Miami Grand Prix was held in 2022 and has built in popularity since. 2024 saw McLaren's Lando Norris secure his first F1 victory, and a record 275,000 fans attend the event across the weekend. The 2024 Miami Grand Prix also brought in the largest US television audience with 3.1 million viewers following along with the broadcasts.
F1 President and CEO Stefano Domenicali commented in a statement:
"In just three years, the Miami Grand Prix has established itself as one of the most important and spectacular events on our calendar, an extraordinary example of quality and vision that truly represents the spirit and ambition of Formula 1 in the United States.
Carlos Sainz of Spain driving the (55) Williams FW47 Mercedes on track during practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 02, 2025 in Miami, Florida.
Carlos Sainz of Spain driving the (55) Williams FW47 Mercedes on track during practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 02, 2025 in Miami, Florida."Extending this agreement until 2041 is a strategic milestone of enormous importance, which strengthens our presence in America and consolidates the ever-deepening bond with our fan base there, which is constantly growing and passionate like never before.
"Miami is not only an extraordinary city, but also a truly global sporting hub, energetic, dynamic and culturally vibrant. All this would not have been possible without the far-sighted vision and tireless commitment of Stephen Ross and Tom Garfinkel, to whom I extend my sincere gratitude for the leadership, support and dedication with which they have helped transform the Miami Grand Prix into a world-class event."
Tom Garfinkel, Managing Partner of the Miami Grand Prix, added:
"Securing a 10-year extension with Formula 1 through 2041 is an extraordinary milestone for all of us at South Florida Motorsports and a true testament to the hard work of our team, the strength of our partnerships, the support of our community and the growth of the sport in the United States. To have been granted this extension after only our third event speaks to what we have felt from the very beginning – the Miami Grand Prix is here to stay.
"I want to thank Stefano Domenicali and Formula 1 for believing in our vision, as well as Stephen Ross for his investment and commitment to growing this event. From day one, our goal has been to create a world-class race that also reflects the spirit of Miami — vibrant, inclusive and culturally significant. This long-term commitment allows us to continue innovating, investing in the fan experience and deepening our impact across South Florida."
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