Formula 1 is has introduced a five-year extension till 2026 inclusive of its settlement with the United States Grand Prix on the Circuit of The Americas in Austin, Texas.
The announcement follows continued momentum that Formula 1 has within the United States, the motorsport having returned to the USA in 2021 following an enforced break because of the international pandemic.
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A record-breaking crowd of 400,000 witnessed the Grand Prix at Austin in 2021, as Max Verstappen took his maiden win on American soil. The first race at COTA came about in 2012 with 100,000 followers in attendance to witness Lewis Hamilton take victory with McLaren.
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Stefano Domenicali, President & CEO of Formula 1, mentioned: “We are thrilled to be announcing the extension with the Circuit of The Americas ahead of the exciting new 2022 season. I want to thank the promoter for their ongoing dedication and enthusiasm for Formula 1 where together we are continuing to grow the excitement around our sport in the US following the huge success of Netflix, the work of ESPN, and the incredible season we had in 2021. Austin is a great city, and the track is a favourite for all the drivers, and we cannot wait to be back in October for more action and entertainment.”
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Bobby Epstein, Founding Partner at Circuit of The Americas, mentioned:
“The Formula 1 United States Grand Prix has turn into one of many greatest and best occasions on the earth. We are extraordinarily proud it has discovered a house in Texas – at Circuit of The Americas – and are grateful to the tens of millions of followers who visited us over our first decade.
“We knew Austin, along with our neighbours in San Antonio and beyond, would be welcoming hosts – and they proved it! Thanks to everyone in the Formula 1 community for supporting our endeavours and rewarding our hard work. We are glad to have renewed our commitments and look forward to many more years of World Championship racing, entertainment, and fun.”