Miami Grand Prix secures F1 contract extension through 2041

14 articles · Updated · The Wall Street Journal · May 1

The race at Hard Rock Stadium in Miami Gardens, launched in 2022, now holds Formula One's longest deal after drawing race weekends of about 275,000 fans.
The extension cements Miami as a key part of F1's US growth strategy under Liberty Media, complementing races in Austin and Las Vegas.
The event emerged after plans for a downtown street circuit failed, transforming a former Dolphins parking lot despite early complaints about track surface, queues and the circuit's driving appeal.

With Miami’s Grand Prix projected to generate billions, how sustainable are these economic benefits for the city and its residents long-term?

Could Miami's transformation into a global F1 hub set a new model for sports-driven urban development worldwide?

As F1's U.S. popularity soars, will growing commercialization threaten the sport's authenticity and fan loyalty?