MIAMI GARDENS — In an enormous transfer ahead for main auto racing in America, South Florida Motorsport and Components One introduced Could 2 a 10-year extension to their present 10-year deal to host the . The extension retains the race by way of the 2041 F1 season.
“On this unbelievable development of Components One, we need to be sure that we work along with one of the best accomplice now we have, and it’s a signal of belief now we have with the accomplice now we have,’’ Components One President and CEO Stefano Domenicali mentioned.
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Domenicali famous that the early announcement of such a prolonged extension for Miami was particularly essential for the broader F1 technique to be current and impactful in america.
“This can be a place the place it’s essential to be,’’ he added, calling it a “pillar of potential development.”
Presently there are three American races. Miami will host the fourth on Sunday, Could 4 on the Miami Worldwide Autodrome at Laborious Rock Stadium. The Circuit of the Americas everlasting highway course in Austin, Texas hosts its F1 race Oct. 17-19 and the Las Vegas road circuit holds its grand prix Nov. 20-22.
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“Securing a 10-year extension with Components 1 by way of 2041 is a unprecedented milestone for all of us at South Florida Motorsports and a real testomony to the laborious work of our crew, the power of our partnerships, the assist of our neighborhood and the expansion of the game in america,” mentioned Tom Garfinkel, Managing Associate of the Miami Grand Prix.
proprietor Stephen Ross famous for funding, dedication
“To have been granted this extension after solely our third occasion speaks to what now we have felt from the very starting – the Miami Grand Prix is right here to remain. I need to thank Stefano Domenicali and Components 1 for believing in our imaginative and prescient, in addition to (Dolphins proprietor) Stephen Ross for his funding and dedication to rising this occasion.
“From day one, our aim has been to create a world-class race that additionally displays the spirit of Miami — vibrant, inclusive and culturally vital. This long-term dedication permits us to proceed innovating, investing within the fan expertise and deepening our affect throughout South Florida.”
Could 1, 2025; Miami Gardens, FL, USA; Pink Bull driver Yuki Tsunoda (22) poses for photos forward of the F1 Miami Grand Prix at Miami Worldwide Autodrome. Necessary Credit score: Peter Casey-Imagn Photographs
Garfinkel acknowledged the long-term extension permits for continued funding into the circuit and the occasion. Domenicali emphasised the Miami market is significant to the worldwide sequence, calling the extension basic to each the sequence “stability and development.” He reminded that signing Miami to its preliminary deal was his first in his present management place.
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Already the Miami circuit has expanded its presence within the broader motorsport world and plans to proceed that development. It now performs host to a precision driving membership and is about to welcome the distinguished Ferrari Problem subsequent week– all along with the F1 race.
“The extra round this unbelievable facility we will create a love for motorsport, the extra we’re related to the larger motorsport, Components One,” Domenicali mentioned, “due to this fact we’re very completely happy this may hyperlink the love of motorsport to the monitor and what we will do.’’
