The Miami Grand Prix has secured its place on the Formula 1 calendar until 2041, a landmark agreement that ensures the event's longevity as the sport's longest-contracted race, far outpacing the uncertain futures of European circuits like Imola and Barcelona.
"The deal makes the grand prix in Miami Gardens the longest contracted race in Formula 1," a statement declared, "and reflects the continued success of the event and the sport's growth in the United States."
Since its debut in 2022, the Miami GP, hosted at Hard Rock Stadium, has been championed by Miami Dolphins and stadium president Tom Garfinkel.
Speaking to journalists last weekend, Garfinkel elaborated on the significance of the extended contract. "We're trying to create something different and unique, and authentic to Miami," he told AS newspaper. "What we do here doesn't necessarily work anywhere else and vice versa."
Addressing the unprecedented duration of the agreement, Garfinkel explained, "Stefano (Domenicali) and I have been talking for a long time, based on the success of the previous three years, about what we wanted to do this year and about being here for a long time. From a planning perspective, this allows us to be creative and increase investment because there's a significant private investment of hundreds of millions of dollars behind it that must be recovered, and it can't be recovered in five years."
He continued, "This agreement allows us to continue innovating and being creative for the long term. Stefano also acknowledges that we want to do things right. We're not looking for shortcuts. We're also not here to make money, but to organise a great event and grow the sport in the United States. We're sending the message that we're here to stay."
By 2041, Kimi Antonelli will be 35, while Fernando Alonso will celebrate his 60th birthday.
