Formula 1 and the Miami Grand Prix organizers have reached a landmark deal that ensures the race will remain a fixture in the F1 calendar for the next decade. The news, announced just after the conclusion of the 2025 Miami Grand Prix, confirms that Miami will continue to host one of the most glamorous and high-profile races in motorsport until at least 2035.
The race, which first debuted in 2022, has become one of the most anticipated events of the Formula 1 season. This year, the weekend’s racing action was punctuated by thrilling moments, including a dramatic final lap in the main race, which saw Max Verstappen edge out Lewis Hamilton for the win by just 0.3 seconds.
But it wasn’t just the on-track action that captivated fans. The event has become a global spectacle, drawing celebrities, influencers, and thousands of passionate fans from all corners of the world. Miami’s vibrant atmosphere, stunning coastal views, and eclectic nightlife provide the perfect backdrop for a race weekend, adding an element of glamour to the traditionally high-octane nature of Formula 1.
The ten-year extension of the Miami Grand Prix deal is a testament to the race’s success and the growing importance of the U.S. market to Formula 1. The race weekend not only brings in significant tourism revenue for the Miami area but also serves as an excellent marketing opportunity for global brands and sponsors. According to an economic impact report, the 2025 Miami Grand Prix generated over $150 million for the local economy, with hotels, restaurants, and event-related services seeing a significant boost during the race weekend.
“The Miami Grand Prix has been a fantastic addition to the Formula 1 calendar, and we are thrilled to extend our partnership with the city of Miami,” said Stefano Domenicali, President and CEO of Formula 1. “The energy, passion, and excitement that the city brings to the event is unmatched, and we are looking forward to many more years of racing here.”
In addition to the race itself, Formula 1 has expanded its presence in the United States in recent years, with the Las Vegas Grand Prix and Austin’s U.S. Grand Prix also drawing massive crowds. The Miami Grand Prix has played a significant role in attracting a new generation of fans to the sport, with many younger viewers tuning in to see the spectacle.
For the Miami Grand Prix, this extension also signals a long-term commitment to continuing to improve the event. Organizers have already begun work on upgrading the circuit, with new grandstands, improved pit facilities, and enhanced fan experience zones planned for the upcoming seasons. This will ensure that Miami remains at the cutting edge of Formula 1 events, rivaling cities like Monaco and Monza.
The 2025 race was further marked by the implementation of a sprint race format, which added extra excitement and unpredictability to the weekend’s schedule. This format, which was introduced to Formula 1 in recent years, was met with great enthusiasm by both fans and drivers. In fact, many believe that the sprint races, which are shorter and offer valuable championship points, could become a permanent fixture in future editions of the Miami Grand Prix.
Formula 1’s growing success in the United States is evident, as the sport continues to expand its footprint across the country. Miami’s role as a cultural and economic hub makes it the perfect location for Formula 1 to build a lasting legacy. With the extension of the Miami Grand Prix, F1 fans can now look forward to over a decade of exciting racing action in one of the world’s most iconic cities.