The US Grand Prix in Austin, Texas, from motor racing's iconic Formula 1 (F1), has had its contract to stage F1 action extended through 2034.
This seven-year hosting rights renewal was unveiled in the immediate build-up to the 2025 United States Grand Prix, which took place yesterday, and was won by Max Verstappen of the Red Bull team. Action will, therefore, continue to take place at the iconic Circuit of the Americas (COTA) venue for the next nine years.
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Since making its debut on the F1 calendar 13 years ago, there have been six different Grand Prix winners at the COTA, while the last hosting extension was unveiled in early 2022, covering the action through 2026.
F1 has now claimed that, over the first decade of the US Grand Prix in Austin, the total economic impact for Austin and Texas came to $7 billion.
Stefano Domenicali, Formula 1 chief executive and president, has said: "Each year, the event at the Circuit of The Americas stands out as a true highlight for fans, drivers, and teams alike, drawing hundreds of thousands of passionate supporters who come to witness the thrilling on-track action and soak up the vibrant energy of the circuit and the city.
"As Formula 1 continues to grow and thrive in the United States, we are proud to extend our partnership with Bobby Epstein and his outstanding team in Austin."
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By GlobalDataIn terms of F1 venue extensions, late September saw the Baku City Circuit in the Azerbaijan capital cement its place on the series calendar through 2030.
Baku’s race, which travels along the coastline and through the city’s old town, joined the F1 calendar in 2016 as the European GP before being renamed as the Azerbaijan GP a year later. Its last contract renewal came in 2023, which is due to end after the 2026 edition.
The last few months have also seen the glamorous Monaco Grand Prix have its hosting rights extended, through 2035 in that instance.
Bobby Epstein, chair of the COTA, added: "We’re glad Formula 1 has found a home in Texas, and are grateful to the fans, teams, and the entire F1 community who have consistently supported us and made the United States Grand Prix a favorite stop on the global calendar."
This COTA hosting extension has been announced just days after F1 finally unveiled its new US broadcast rights partner for the next rights cycle, through a major five-season deal with Apple.
The deal represents Apple's most significant sports rights acquisition yet and will see the Apple TV streaming service start showing F1 action in the US from the 2026 season, with the contract running through the 2030 campaign.
The heavyweight technology behemoth is paying roughly $140 million each year, according to media reports, and is set to make F1 coverage available to its Apple TV subscribers as part of their existing monthly package.
Apple replaces Disney-owned ESPN as the F1 broadcaster in the US.
F1 is scheduled to have three US races next season – Miami in early May, Austin in late October, and Las Vegas in mid-November.
The series has been growing significantly in terms of its US popularity in recent times, helped to a large degree by the F1: Drive to Survive show that has been airing on streaming content service Netflix since 2019.
