There will be a Miami Grand Prix until at least 2041, Formula 1 announces
The auto racing event downtown Miami residents didn’t want around their condos and Miami Gardens residents initially fought now is the longest contracted event on the Formula 1 schedule.
Formula 1 and Miami Grand Prix promoters South Florida Motorsports tacked another 10 years onto their current agreement, extended it to 2041. The two sides, represented by Formula 1 President Stefano Domenicali and South Florida Motorsports CEO Tom Garfinkel, announced the deal Friday.
About 15 minutes later, practice began for the fourth Miami Grand Prix.
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“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,” Dominicalli said.
Running 20 races, 2022-2041, at the Miami International Autodrome at Hard Rock Stadium would equal the longest continuous F1 run at a U.S. facility, a longevity standard set by Watkins Glen International from 1961 to 1980. It’s easily the longest run for F1 at a track that’s not a purpose-built racing facility.
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Partnerships with nearby schools and including Miami Gardens’ restaurants and caterers among the food selections on the racing grounds helped relationships with residents who initially felt the race’s congestion and noise were being forced upon them against their will by Miami Dolphins owner Stephen Ross. (Also helping matters: this generation of Formula 1 cars simply aren’t that loud).
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The series named South Florida Motorsports 2024 Formula 1 Promoter of the Year in recognition of its annual upgrading of the fan experience.
“Securing a 10-year extension with Formula 1 through 2041 is an extraordinary milestone for all of us at South Florida Motorsports and a true testament to the hard work of our team, the strength of our partnerships, the support of our community and the growth of the sport in the United States,” Garfinkel said. “To have been granted this extension after only our third event speaks to what we have felt from the very beginning — the Miami Grand Prix is here to stay.”
This story was originally published May 2, 2025 at 1:18 PM.