Formula 1 has announced a contract extension for the United States Grand Prix that will see the race remain at Circuit of The Americas until at least the end of the 2034.
The track in Austin, Texas has been the home of the race since 2012, providing F1 with a permanent venue following a five-year period without a USGP. The current contract had been due to expire after the 2026 edition, but a contract extension ensures COTA remain on the calendar for a further eight years.
“Since 2012 the United States Grand Prix has continued to grow in strength and popularity, and I want to thank the City of Austin and Travis County for hosting us,” F1 CEO and president Stefano Domenicali 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, as well as with Governor [Greg] Abbott, whose leadership has been instrumental in supporting the sport’s development in Texas and beyond. Both have shown unwavering commitment to F1, and their shared vision and investment have played a vital role in establishing the strong foundation we now enjoy in the U.S.”
Austin remains one of the best-attended races of the season as this year’s crowd is once again set to be comfortably over 400,000 fans, and that success comes despite the more recent additions of races in Miami and Las Vegas.
The race calculates it has brought $7 billion in economic impact to Austin and Texas since 2012, estimating that the 2023 race alone attracted direct and indirect expenditure of more than $1 billion.
“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,” COTA chairman Bobby Epstein said. “Equally, we’re proud of – and appreciate – the people of Central Texas who have been such welcoming hosts!
“With this contract, COTA will overtake Watkins Glen as the longest-serving Formula 1 track in the United States. Thanks to the great support and a wonderful host city, the United States Grand Prix has grown to be one of the world’s biggest single-weekend sporting events – with an unrivaled annual economic impact.”
COTA’s renewal follows a long-term extension in Miami, with the Florida race confirmed on the F1 calendar until 2041 earlier this year.
