The motorsport racing league, Formula One has signed a multi-year extension with the Circuit of The Americas to host the United States Grand Prix. Through this renewal, Formula One will host the mega event in Texas for the next five years (2022 to 2026).
The most sought after racing tournament knocked the doors of the US again in 2021 after the global pandemic break. The league commenced its stint again in the US by showcasing the maiden victory of Max Verstappen, which garnered a crowd of 400,000 people.
Stefano Domenicali, the President and CEO of Formula One, commented on this renewal and said, “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.”
Bobby Epstein, the Founding Partner at Circuit of The Americas, also put forth his views and said, “The Formula 1 United States Grand Prix has become one of the biggest and greatest events in the world. We are extremely proud it has found a home in Texas – at Circuit of The Americas – and are grateful to the millions of fans who visited us over our first decade.”
He further added, “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.”
Formula One has recently penned down numerous long-term extensions with various circuits globally to increase its outreach and ensure the hosting of its events. The list includes the Bahrain International Circuit until at least 2036, Circuit of Singapore till 2028 and Yas Marina Circuit till 2030.