Formula 1 has solidified its presence in the United States by extending its contract for the United States Grand Prix. This new agreement ensures that the event at the Circuit of the Americas in Austin will remain part of the F1 calendar until 2034.
Details of the Contract Extension
The eight-year extension was announced by F1 CEO Stefano Domenicali and Bobby Epstein, chairman of Circuit of the Americas, earlier this week. The extension required a vote from the Circuit Events Local Organising Committee to secure funds from the Texas Major Events Reimbursement Program.
The vote took place shortly before the official announcement, paving the way for this significant deal. Domenicali expressed gratitude towards the City of Austin and Travis County for their ongoing support, emphasizing the growth of the race since its inception.
Significance of the United States Grand Prix
- First race held in 2012.
- 5.5 km long circuit.
- Thousands of fans participate annually, making it a highlight on the F1 calendar.
Domenicali stated, “Each year, the event at the Circuit of the Americas stands out as a true highlight for fans, drivers, and teams alike.” He also acknowledged the crucial role played by Texas Governor Greg Abbott in bolstering the sport’s presence in the region.
Impact on the Local and Global F1 Community
With this new contract, the Circuit of the Americas surpasses Watkins Glen as the longest-serving F1 venue in the U.S. Epstein commented on the significance of having a consistent F1 presence in Texas, highlighting the event’s substantial economic impact on the local community.
Historical Performance at the Circuit
Lewis Hamilton, a notable figure in F1, won the inaugural race in 2012 and has since gathered a total of five victories at this venue. More recently, Max Verstappen has dominated the circuit, winning three consecutive races from 2021 to 2023.
This year, the reigning World Champion is regarded as the favorite to win the upcoming grand prix, having already secured victory in the Sprint event on Saturday.
Future of F1 in America
Austin will host one of three F1 races in the United States for the 2025 season, joining the Miami and Las Vegas Grands Prix, which were incorporated into the calendar in 2022 and 2023, respectively.
The United States Grand Prix’s enduring success is a testament to its robust fan base and the city of Austin’s warm hospitality, making it a staple event in the Formula 1 calendar.
