F1 signs extraordinary new contract with Miami Grand Prix

Formula One has announced a record-long contract with the Miami Grand Prix until at least the 2041 season.

The 10-year extension, with the previous deal expiring in 2031, was announced on Friday ahead of the 2025 event starting at the Miami International Autodrome.

It is now F1’s longest current contract with a grand prix, with Australia the nearest with a deal until 2037.

Miami was only added to the calendar in 2022 after a delay due to the coronavirus pandemic. It also hosts the second sprint race of the season this weekend.

The 5.41km circuit is built around the Miami Dolphins’ Hard Rock Stadium and attracted 275,000 fans last year.

Lando Norris’s victory in 2024 also set a record for F1’s highest TV audience in the United States, with 3.1 million viewers tuning in.

F1 chief executive Stefano Domenicali said: “In just three years, the Miami Grand Prix has established itself as one of the most important and spectacular events on our calendar, an extraordinary example of quality and vision that truly represents the spirit and ambition of Formula 1 in the United States.

“Extending this agreement until 2041 is a strategic milestone of enormous importance, which strengthens our presence in America and consolidates the ever-deepening bond with our fan base there, which is constantly growing and passionate like never before.

“Miami is not only an extraordinary city, but also a truly global sporting hub, energetic, dynamic and culturally vibrant.”

F1 now has three races in the United States: Miami, Austin in October and Las Vegas in November. A second American team, in addition to Haas, will also join the grid next year in the form of Cadillac.

Asked about the length of the deal, managing partner of the Miami GP Tom Garfinkel said: "From our standpoint, it enables us to say that this event is here to stay for a very long time.

“It enables us to build on initiatives that we've started in the community, like the STEM program, for example, and continue to build on things.

“We take our responsibility of helping to grow the sport of Formula 1 in the United States pretty seriously. And I think what this says is we can use this now to help do that."