With year two of the Las Vegas Grand Prix complete, officials are looking to the future of the megaevent being held annually in Southern Nevada.
The Las Vegas Convention and Visitors Authority and Formula One parent company Liberty Media entered into an initial three-year contract for the race from 2023-2025. The two sides will now work on a new contract, one likely longer than the current deal, according to LVCVA President and CEO Steve Hill.
That original deal came about because of all the unknowns of what it would take to host a race on the 3.8-mile street circuit, which includes an over 1-mile portion of Las Vegas Boulevard, Hill said.
