Formula 1 extends Miami Grand Prix until 2041 in record-breaking deal

Formula 1 has officially extended the Miami Grand Prix contract until 2041, marking the longest current deal on the F1 calendar.

The announcement was made Friday ahead of the fourth edition of the race this weekend, solidifying Miami’s position as a cornerstone of the sport’s U.S. expansion.

Originally signed through 2031, the new 10-year extension adds another decade to the event’s lifespan.

The Miami Grand Prix has signed an extension with Formula 1 to keep the race going until at least 2041.

Fun Fact: The Miami Grand Prix generates 25% more in ticket revenue for Hard Rock Stadium than all of the Miami Dolphins home games combined. pic.twitter.com/AAwAonfDp6

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The Miami GP is run on a circuit that wraps around Hard Rock Stadium, home of the NFL’s Miami Dolphins, and has quickly become one of the sport’s most high-profile events thanks to its glitzy location, celebrity turnout, and American fanbase surge.

F1 CEO Stefano Domenicali described Miami as “one of the most important pillars for growth in this country,” underlining Liberty Media’s strategic vision of cementing F1’s presence in the U.S. The deal now surpasses Melbourne’s contract (2037) as the longest in the sport, with Silverstone and Monza trailing behind (2034).

Miami is one of three U.S. races, alongside Austin (Circuit of the Americas, since 2012; contract through 2026) and Las Vegas (debuted in 2023; part of a high-profile night race revival).