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Las Vegas Officials Begin Talks to Extend F1 Grand Prix Contract After Successful 2024 Edition

  • The LVCVA is speaking with Liberty Media to work on a longer deal
  • They plan to extend the initial three-year contract that runs up until 2025
  • This year, weekend attendance reached 306,000, with race day sold out
Las Vegas F1
Las Vegas officials are in talks to extend the contract with F1 for more years. [Image: Shutterstock.com]

Another Las Vegas F1 Grand Prix has just been and gone. British racer George Russell took first place in the race, followed by Lewis Hamilton and Carlos Sainz in second and third, respectively.

With the second year of racing under their belts, Las Vegas officials are eyeing up an extension to their contract with the racing championship. The Las Vegas Convention and Visitors Authority (LVCVA) is supposedly working on a new deal with F1 owner Liberty Media, which would extend it from its current three-year deal that ends in 2025.

According to LCVA President and CEO Steve Hill, the length of that first contract was intentionally short. It allowed city officials time to determine what it would take to host the race in the gambling hub before committing to a longer-term contract.

Around 306,000 fans attended over the entire weekend this year

Notably, in the build up to the weekend’s racing, some reports suggested the future of the Las Vegas Grand Prix could be in jeopardy due to a drop in estimated attendance. Expected attendance was just 32% of last year’s total, but in the end the race day was a sell-out event. Around 306,000 fans attended over the entire weekend this year, close to the 315,000 people in 2023.

Las Vegas Grand Prix CEO Renee Wilm commented on the future of the race. She said: “Now that we’ve proven to the valley that we can do this well and we can do this with far less disruption than year one, we’re looking forward to sitting down and figuring everything out for longer-term arrangements.”

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