Formula 1 has confirmed that the Las Vegas Grand Prix will remain on the racing calendar until at least 2037, following a new 10-year contract extension with local authorities. Initially debuting in 2023, the event quickly became a marquee attraction, showcasing the vibrant Las Vegas Strip. F1 president and CEO Stefano Domenicali expressed excitement about the extension, noting the race's rapid establishment as a premier destination for racing and entertainment. The event has significantly benefited the local economy, generating $43 million in state and local tax revenue in 2025 and contributing an estimated $3.2 billion in cumulative economic impact for the Southern Nevada region. Steve Hill, President and CEO of the Las Vegas Convention and Visitors Authority, emphasized the importance of this partnership, stating that the Grand Prix has become a signature global event. Despite facing initial challenges, the Las Vegas Grand Prix has improved and solidified its status as a key event in the F1 calendar.