Monday, July 6, 2026

Las Vegas Hopes to Keep Formula 1 for ‘Lifetime’

  • Clark County passed a motion granting permission to Formula 1 to race on the Las Vegas Strip through 2032.
  • F1 is under contract to race there through 2025.
Formula 1 race in Las Vegas
Ray Acevedo-USA TODAY Sports

Las Vegas wants its Formula 1 marriage to last.

The Clark County Commission has granted permission to stage the Las Vegas Grand Prix each year through 2032. F1 will make its first appearance in Sin City for decades this November.

  • F1 has a three-year deal to race on the Las Vegas Strip, which ends in 2025.
  • Clark County commissioner James Gibson said they “anticipate a lifetime in partnership.” 
  • The measure seeks to keep the F1 race in the same spot on the calendar, granting use of Las Vegas Boulevard South on “Wednesday to Sunday, the week prior to Thanksgiving.”

F1 is targeting $500 million in revenue for the race weekend. Hotels are also expecting a bonanza, with both race founding partners Wynn and Caesars each offering luxury packages costing at least $1 million

Silhouette of Ford's Formula 1 car in front of Ford logo

Ford Joins World Champions Red Bull in Formula 1

Ford will help supply Red Bull’s power units from 2026.
February 3, 2023

FIA President Steps Back

The FIA, F1’s governing body, announced that its president Mohammed Ben Sulayem will no longer oversee the organization’s day-to-day operations but will remain in a strategic role.

Ben Sulayem has recently butted heads with many F1 teams over his openness to adding teams, particularly one headed by Andretti Global and Cadillac

The FIA ruffled feathers with a declaration in December requiring drivers to receive permission to make or display “political, religious, and personal statements or comments” at races. F1 president Stefano Domenicali seemed to moderate that this week, saying F1 “will never put a gag on anyone.” 

The FIA said that Ben Sulayem’s role shift has been planned for a long time.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Golden Knights Owner Joins Race for Vegas NBA Expansion Team

The Golden Knights owner is leaning partially on his successful NHL track record.
Formula 1

Gucci Is Making a Big Bet on Sports

Gucci will be the title sponsor for Alpine Formula One team starting next year.

PWHL Adds 4 Teams Amid Expansion Spree

The next four teams will bring the league up to 12 franchises.
podcast thumbnail mobile
Front Office Sports Today

A Conversation With PLL Founder Mike Rabil on Raising $100M

0:00

Featured Today

ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Aksha Bhatia, Max Homa, and Tiger Woods of Jupiter Links before a TGL match against New York Golf Club at SoFi Center on January 13, 2026, in Palm Beach Gardens, Florida.

Versant Buys Woods-Backed Golf Simulator Company for $530M

Full Swing is the predominant technology used by TGL.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
June 5, 2026

Tottenham Boardroom Rivalry Ends With Former Chairman’s Exit

Spurs say they “don’t know anything about” the deal.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
Casey Wasserman, Chairperson and President of LA28, during the media conference celebrating the 1000-day countdown to LA28 at Devon Park in Oklahoma City, Monday, Oct. 20, 2025.
May 8, 2026

Wasserman Buyers Narrow as PE Conflicts Sideline Major Firms

Private-equity firm TA Associates has removed itself from the running.
April 23, 2026

Want to Own a 100-Year-Old Austrian Soccer Team for $500?

Vestible’s first team is Kapfenberger SV 1919.
April 16, 2026

How Taylor Swift’s Catalog Led Her Former Label Boss Into Sports

Scott Borchetta profited greatly from the sale of Swift’s masters.
John and Louis Antonelli
Exclusive
April 13, 2026

Chernin Group Leads Funding Round in Social Box Score App ‘Real’

The app combines live stats and play-by-play with a social media experience.