F1 confirms controversial Grand Prix will remain until 2041 in long-term calendar deal. Formula 1 has extended the Miami Grand Prix until 2041.

Formula 1 Extends Miami Grand Prix Until 2041 in Landmark Deal, Securing Long-Term Future in the US

Formula 1 has officially confirmed a major extension for the Miami Grand Prix, which will now remain on the calendar until at least 2041. This new 10-year contract, signed with South Florida Motorsports, adds to the existing agreement and positions Miami as the longest-tenured race currently confirmed on the F1 calendar.

Since its debut in 2022, the Miami Grand Prix has rapidly become one of the most high-profile events in global motorsport. Drawing in fans from across the United States and around the world, the race has blended top-tier racing action with an entertainment spectacle that reflects the vibrant culture of Miami. The event has been widely praised for delivering a premium fan experience both on and off the track.

The race has also made a substantial contribution to the regional economy and community development. Over its first three editions, the Grand Prix generated over $1 billion in economic impact for South Florida. Organizers have taken an active role in giving back, developing internship programs, collaborating with local charities, and spotlighting local businesses to ensure that the race creates a meaningful and lasting legacy in the area.

South Florida Motorsports was named Formula 1’s Promoter of the Year for 2024, in recognition of its commitment to excellence and for consistently delivering a world-class event that resonates with fans and stakeholders alike.

Formula 1 President and CEO Stefano Domenicali commented that within just three years, the Miami Grand Prix had already secured its place as one of the championship’s standout races. He emphasized that the extension through 2041 marks a strategic milestone for F1, reinforcing its presence in the U.S. and further strengthening ties with a rapidly growing American fan base. Domenicali highlighted Miami as not only an iconic international city, but also an energetic, culturally rich hub that perfectly encapsulates the ambition of Formula 1’s expansion in the region. He credited the vision and dedication of Stephen Ross and Tom Garfinkel as instrumental in transforming the event into a global benchmark for excellence.

Tom Garfinkel, Managing Partner of the Formula 1 Crypto.com Miami Grand Prix, described the 10-year extension as a major achievement for the South Florida Motorsports team. He cited the collaborative effort, strong partnerships, and unwavering support from the local community as key factors behind the event’s rapid success. Garfinkel noted that securing such a long-term agreement after only three editions of the race was a clear indication that the Miami Grand Prix had established itself as a permanent fixture on the calendar.

Garfinkel also acknowledged the ongoing support of Formula 1 and Stefano Domenicali, as well as the investment and vision of Stephen Ross. He reiterated the team’s original mission: to deliver a world-class sporting event that embodies the essence of Miami — dynamic, inclusive, and culturally significant. He added that this long-term commitment will allow for continued innovation and deeper community engagement across South Florida.

The 2024 edition of the race drew a record-breaking 275,000 fans to the Miami International Autodrome, located around the iconic Hard Rock Stadium in Miami Gardens. It was a weekend to remember, as McLaren’s Lando Norris claimed his maiden Formula 1 victory, while Abbi Pulling secured consecutive wins in the F1 Academy series.

The event also made waves in the broadcasting arena, delivering the largest American television audience in Formula 1 history, with 3.1 million viewers tuning in for the weekend’s action.

The Miami International Autodrome itself has become a standout feature of the calendar. The 5.41-kilometer circuit includes 19 corners and three long straights, allowing for top speeds of up to 320 km/h. Set against the backdrop of a venue that also hosts the NFL’s Miami Dolphins, the Miami Open tennis tournaments, and several 2026 FIFA World Cup matches, the track represents a unique fusion of sporting prestige and state-of-the-art racing infrastructure.

After Max Verstappen won the first two editions of the Miami Grand Prix in 2022 and 2023, Lando Norris became the event’s third victor in 2024, adding another layer of drama and excitement to a race that continues to grow in stature and popularity.