Formula 1 to race in Las Vegas until at least 2037

Formula 1 to race in Las Vegas until at least 2037Image source, Getty ImagesImage caption, This season's race in Las Vegas takes place from 19-21 NovemberByAndrew BensonF1 Correspondent in MonacoPublished2 minutes agoCommentsFormula 1 is to race in Las Vegas until at least 2037 after extending its contract with the city by 10 years.The first race in Las Vegas in 2023 was the culmination of 40 years of on and off attempts to secure a race there that incorporated the famous Strip into the track layout.F1 was so determined for the race to become a success that it invested $500m in buying a plot of land in the centre of Las Vegas on which it constructed a new pit building and paddock.Stefano Domenicali, F1 president and chief executive officer, said: "We are thrilled that Formula 1 will continue racing in Las Vegas for many years to come."We always believed that Las Vegas would become a cornerstone of our presence in the United States, and this extension, together with the success of recent years, reinforces our long-term commitment to this important market."How to follow the Monaco Grand Prix on the BBCPublished12 hours agoF1's willingness to invest its own money in Las Vegas was a key factor in convincing the city to back the event, and to allow it to run down the Strip in front of the famous casino hotels.The event has proved a major success for Las Vegas, turning what had been its least profitable weekend of the year, the one before Thanksgiving, into one of its most lucrative.A statement from F1 said that since 2023 the grand prix had delivered $3.2bn (£2.4bn) in cumulative economic impact for Las Vegas, with the 2025 race alone generating $43m ($32m) in tax revenue for the city.Steve Hill, the president and CEO of the Las Vegas Convention and Visitors Authority, said: "Extending our partnership with Formula 1 for the next decade is a major moment for both Las Vegas and the grand prix."In just three years, the race has become a si...