Formula 1 has announced it has signed a new 10-year contract extension with the organisers of the Miami Grand Prix, keeping the race on the calendar until at least 2041.
The new deal was announced on Friday ahead of this weekend’s running by F1 CEO Stefano Domenicali and Tom Garfinkel, managing partner of the race as well as the CEO of the Miami Dolphins and the Hard Rock Stadium, the venue the Miami Autodrome loops around.
Miami joined F1 in 2022 as the second US race on the calendar alongside the United States Grand Prix in Austin, and both have since been joined by the F1-run Las Vegas Grand Prix.
The new deal is taking Miami to the longest deal of any race on the calendar, signaling its rising stature as F1 owner Liberty Media aims to further capture the US market.
More to follow…
