Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1 and Liberty Media have been incredible partners, and we look forward to November 2023 when we once again showcase that Las Vegas is ‘The Greatest Arena on Earth.’”įormula 1® racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series. Spectators will experience the unrivaled thrill of watching these world-class drivers race through what is sure to become one of the most iconic racetracks in the world. “We eagerly anticipate the moment when the history, energy and momentum of Formula 1 will culminate in an unforgettable Saturday night on the Las Vegas Strip. Steve Hill President and CEO of the Las Vegas Convention and Visitors Authority (LVCVA), said: I want to thank everyone who helped deliver this event, especially Governor Sisolak, the Clark County Commission, Steve Hill at the LVCVA, and our local partners.” There is no better place for Formula 1 to race than in the global entertainment capital of the world and we cannot wait to be here next year. Las Vegas is a destination known around the world for its excitement, hospitality, thrills, and of course, the famous Strip. “This is an incredible moment for Formula 1 that demonstrates the huge appeal and growth of our sport with a third race in the US. Stefano Domenicali, President and CEO of Formula 1, said: The potential of Formula 1 has been well demonstrated over the last several seasons and the Las Vegas GP will only take it to the next level.” We could not be more excited to work with our local partners to create a marquee event. Our confidence in this unique opportunity is evident in our decision to assume the promoter role for the Las Vegas Grand Prix in partnership with Live Nation. “Iconic Las Vegas and Formula 1, the pinnacle of motorsport, is the perfect marriage of speed and glamour. Greg Maffei, Liberty Media President and CEO, said: To join the live stream of the announcement event in Las Vegas please use the link below from 03:30 BST / 19:30 PDT: PDT, Liberty Media President and CEO, Greg Maffei and Formula 1 President and CEO, Stefano Domenicali were in Las Vegas for the official announcement of this deal and were joined by local stakeholders including Nevada Governor Steve Sisolak, CEO and President of the LVCVA, Steve Hill and President and CEO of Live Nation Entertainment, Michael Rapino. There will be 50 race laps with three main straights and 14 corners, including a high-speed cornering sequence and a single chicane section. The track design is 3.8 miles (6.12km) long from start to finish with top speeds estimated to be over 212 mph (342 km/h). The incredible neon lights of Las Vegas will be the backdrop for Formula 1’s third race in the US and highlights the huge enthusiasm and excitement in the US for Formula 1 as the sport continues to grow its global fan base.įormula 1 and Liberty Media will work together to promote the race in partnership with Live Nation Entertainment and the LVCVA, as well as Founding Partners Caesars Entertainment, MGM Resorts International, and Wynn Las Vegas and Presenting Partners MSG Sphere, Resorts World Las Vegas and The Venetian Resort. The race will take place at night, on a Saturday in November, on the famous Las Vegas Strip with the track sweeping past some of the world’s most legendary landmarks, hotels and casinos. Formula 1 and the Las Vegas Convention and Visitors Authority (LVCVA) are happy to announce that the Las Vegas Grand Prix will join the FIA Formula One World Championship from 2023.
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