Formula 1 has secured the Miami Grand Prix's place on the racing calendar through 2041 by announcing a 10-year extension. This decision extends the initial contract, which began with Miami's debut race in 2022, from its original 10-year duration. The Miami Grand Prix is one of three annual F1 races held in the United States, alongside events in Austin, Texas, and the newly added Las Vegas race in 2023. The announcement follows closely after F1's three-year contract extension with Mexico City, which is now in the final year of its current agreement. These strategic extensions underline Formula 1's commitment to expanding its presence and maintaining key races in North America.

Formula 1 has announced a decade-long extension for the Miami Grand Prix, ensuring the race will be part of the F1 calendar until 2041. This move confirms the continuation of the event beyond its original 10-year agreement that started with its inaugural race in 2022.

Miami Grand Prix is a key part of Formula 1's expanding footprint in the United States, now hosting three races annually. Alongside Miami, Las Vegas joined the circuit in 2023, and the Circuit of the Americas in Austin, Texas, continues to be a staple venue for the sport.

The decision to extend Miami's contract aligns with Formula 1's broader strategy to solidify its presence and fan base in North America, a region where the sport has seen significant growth and interest in recent years.

The Miami extension was announced shortly after a three-year deal extension with Mexico City, showcasing Formula 1's focus on continuity and stability in its international race locations.

While the Miami contract ensures a long-term commitment, the Mexico City extension comes as the existing contract approaches its final year, highlighting different stages of negotiations and agreements within the F1 race calendar.