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Breaking News- Formula 1 Extends Miami Grand Prix Contract!

Rohan Singh

Miami Grand Prix will remain in Formula 1 for a long long time.

Miami Grand Prix was first introduced to the F1 calendar in 2022. The race was proposed to be a part of the calendar since 2018. However, it took three years for the track to finally find a place on the F1 grand prix calendar. In 2022, Miami Grand Prix was joined F1 as one of the starting races of the season.

The race is Formula 1’s attempt to reel in more American followers towards their sport. Even though, Miami is temporary street circuit, the Hard Rock Stadium overlooking it gives it permanent vibes.

Also Read: F1 Breaking: Mexico Grand Prix is Here to Stay!

When Formula 1 first showed off the Miami Grand Prix in 2022, it was a commercial success. The influx of popstars and popular NFL players have it the recognition it was looking for. It seems like Miami has peaked the interests of American fans.

Formula 1 is undertaking major decisions about their future calendar. As such, they renewed Mexico Grand Prix’s contract due to Checo’s potential rumors. Similarly, Miami’s popularity and commercial profits have also appealed to Formula 1.

Miami Grand Prix Contract Extended for 15 Years!

Some days ago, it was Mexico, basking in the glory of a new contract. Today, it’s Miami enjoying a successful contract renewal. Miami Grand Prix Contract has been renewed by Formula 1. The race is going to stay on calendar until the 2041 season.

This contract is a huge leap by Formula 1 in terms of future planning. On one hand, they are considering dropping tracks and changing venues. On the other hand, they have a handed a awe inducing offer to Miami.

One of the biggest factors at play is Liberty Media. Ever since, they have taken over Formula 1, Liberty Media is trying to get it’s reach in America.

The biggest competition F1 faces in America in Motorsports are- IndyCar and NASCAR. Both races have their own flagship events which draw in a huge crowd.

Miami Grand Prix’s popularity seems to have appealed to quite spectacularly. It will be interesting to see the aftermath of F1’s decisions. The sport is conducting three separate races in America alone.

I work as a Writer at The Playoffs specialising in Formula 1 and Motorsports. I got into online journalism a couple of years ago. I used to be an intern for a website managing their Formula 1 content and then I served an entire year as a contractual writer.

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