Organisers of Austin’s United States Grand Prix have agreed an eight-year contract extension with Components 1 to host the race till the 2034 season.
The Circuit of the Americas revived the US Grand Prix in 2012 after a four-year hiatus and the difficult 5.5km street course proved an prompt hit with drivers.
Following the rise of F1 within the US within the wake of Netflix’s Drive to Survive success, COTA noticed its attendance determine soar in recent times, with a capability 450,000 crowd attending this weekend’s operating.
COTA’s present contract was operating out after the following yr’s version, however chairman Bobby Epstein and F1 CEO Stefano Domenicali have now agreed an eight-year extension that may see the race stay a pillar of F1’s US presence till and together with 2034.
“As Components 1 continues to develop and thrive in america, we’re proud to increase our partnership with Bobby Epstein and his excellent crew in Austin, in addition to with Governor Abbott, whose management has been instrumental in supporting the game’s growth in Texas and past,” stated Domenicali. “Each have proven unwavering dedication to F1, and their shared imaginative and prescient and funding have performed an important function in establishing the sturdy basis we now take pleasure in within the US.”
Epstein added: “We’re glad Components 1 has discovered a house in Texas, and are grateful to the followers, groups, and the whole F1 group who’ve constantly supported us and made America Grand Prix a favourite cease on the worldwide calendar. Equally, we’re happy with – and respect – the folks of Central Texas who’ve been such welcoming hosts.
“With this contract, COTA will overtake Watkins Glen because the longest serving Components 1 observe in america. Because of the nice assist and an exquisite host metropolis, america Grand Prix has grown to be one of many world’s largest single weekend sporting occasions – with an unrivalled annual financial impression.”
Talking earlier this yr to pick out media, together with Motorsport.com, Epstein felt F1 was in a superb place within the US with three races in Austin, Miami and Las Vegas, which have all carved out their very own id.
“We have turn into pleasant rivals, and every has received its personal id,” Epstein stated. “Mexico had an even bigger destructive impression on us when it got here on versus these races, that haven’t had a destructive impression.
“I believe Miami being within the spring is an opportunity for the game to return to the US twice a yr, and that is actually good for us. We’re commercials for one another and we’re unfold far sufficient aside.
“The Vegas race might have been a stressor in some methods, but it surely’s confirmed to be that they enchantment to completely different audiences. They’ve every confirmed themselves to be distinctive sufficient that they are often self-sustaining.”
COTA has invested in its off-track infrastructure in current weekends and months, together with a brand new resort, conference centre and a theme park that includes the so-called Circuit Breaker rollercoaster.
Beneath the brand new deal, it’s anticipated to develop its paddock membership services. In the meantime, the pit garages will even be expanded to accommodate the arrival of F1’s eleventh crew Cadillac in 2026.
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