Austin, Texas, October 20, 2025
News Summary
The United States Grand Prix will continue at the Circuit of The Americas until the 2034 season, ensuring a lasting presence in Formula 1. With over 430,000 fans attending recent events, the popularity of F1 in the U.S. has surged, particularly among younger demographics. The financial impact on the local economy has been significant, generating an estimated US$7 billion over its first decade. Additionally, exciting on-track competition and off-track entertainment continue to enhance the event’s appeal.
Austin, Texas—The United States Grand Prix at the Circuit of The Americas (COTA) will remain on the Formula 1 calendar until the 2034 season. This contract extension secures the long-term future of the event as Formula 1 experiences significant growth in the United States.
The U.S. Grand Prix has evolved into one of the biggest Formula 1 spectacles since its debut in 2012, attracting over 430,000 fans in recent years. The event features thrilling on-track racing and vibrant off-track entertainment, including music performances. The inaugural F1 Grid Gigs event featured Texas-born singer-songwriter Drake Milligan performing before the race.
COTA is renowned for its challenging 5.5-kilometer circuit, which includes an iconic uphill run into Turn 1. Over the past 13 years, COTA has seen six different winners, including Lewis Hamilton, who holds a record of five victories at the venue. Charles Leclerc won at COTA in 2024, breaking Max Verstappen’s three-year winning streak.
Formula 1’s fanbase in the U.S. has grown to over 52 million, showing an 11% year-on-year increase. A 2025 Global F1 Fan Survey indicated that 47% of new U.S. fans are aged 18-24, with over half of them being female. The United States Grand Prix has contributed an estimated US$7 billion to the local economy over its first decade, with the 2023 Grand Prix alone generating over US$1 billion in direct and indirect spending.
The 2025 United States Grand Prix is set to feature a competitive race after a dramatic F1 Sprint won by Max Verstappen. Verstappen secured his fifth Grand Prix win of the season at the event, showcasing his dominance by holding off challengers like Lando Norris and Charles Leclerc. COTA will surpass Watkins Glen to become the longest-serving Formula 1 track in the United States with this contract.
Bobby Epstein, Chairman of COTA, emphasized the importance of local support in making the U.S. Grand Prix a premier sporting event. An authorized deal was made to ensure that COTA continues to host the F1 event in the future, highlighting the economic impact and international attention it brings to Austin.
Key Highlights
- Contract extension until 2034 secures the long-term future of the U.S. Grand Prix.
- Over 430,000 fans have attended recent events.
- 5.5-kilometer circuit with challenging features.
- Charles Leclerc broke Max Verstappen’s three-year winning streak in 2024.
- F1 fanbase in the U.S. exceeds 52 million, with an 11% year-on-year increase.
Financial Impact
- U.S. Grand Prix estimated to have contributed US$7 billion to the local economy over its first decade.
- 2023 Grand Prix alone generated over US$1 billion in direct and indirect spending.
Demographics
- 47% of new U.S. fans are aged 18-24.
- Over half of new U.S. fans are female.
Chart – Key Features of the United States Grand Prix
| Feature | Details |
|---|---|
| Contract End Year | 2034 |
| Fan Attendance | Over 430,000 (recent years) |
| Circuit Length | 5.5 km |
| Winners at COTA | 6 different winners |
| Economic Contribution | US$7 billion (first decade) |
| Teenage Fanbase | 47% aged 18-24 |
FAQ
What is the duration of the contract extension for the United States Grand Prix at COTA?
The United States Grand Prix at the Circuit of The Americas (COTA) will remain on the Formula 1 calendar until the 2034 season.
What has contributed to the growth of Formula 1 in the United States?
The U.S. Grand Prix has evolved into one of the biggest Formula 1 spectacles since its debut in 2012, attracting over 430,000 fans in recent years.
How much has the United States Grand Prix contributed to the local economy?
The United States Grand Prix has contributed an estimated US$7 billion to the local economy over its first decade, with the 2023 Grand Prix alone generating over US$1 billion in direct and indirect spending.
What notable event took place before the recent Grand Prix?
The inaugural F1 Grid Gigs event featured Texas-born singer-songwriter Drake Milligan performing before the race.
What demographic changes have been observed among new U.S. Formula 1 fans?
A 2025 Global F1 Fan Survey indicated that 47% of new U.S. fans are aged 18-24, with over half of them being female.
Deeper Dive: News & Info About This Topic
HERE Resources
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Austin Prepares for the 2025 United States Grand Prix
Verstappen Dominates U.S. Grand Prix Qualifying
Max Verstappen Targets Comeback in US Grand Prix Championship
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FAA Implements Ground Delay Program at Austin Airport
Austin to Host the Upcoming United States Grand Prix
Additional Resources
- Formula 1
- Wikipedia: United States Grand Prix
- KXAN
- Google Search: United States Grand Prix 2025
- Austin American-Statesman
- Encyclopedia Britannica: United States Grand Prix
- New York Post
- Google Scholar: United States Grand Prix
- BBC Sport
- Google News: United States Grand Prix 2025
Author: STAFF HERE AUSTIN WRITER
The AUSTIN STAFF WRITER represents the experienced team at HEREAustinTX.com, your go-to source for actionable local news and information in Austin, Travis County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as SXSW, Austin City Limits Music Festival, Formula 1 United States Grand Prix, and the Austin Film Festival. Our coverage extends to key organizations like the Greater Austin Chamber of Commerce and Visit Austin, plus leading businesses in technology, automotive, and retail that power the local economy such as Dell Technologies, Tesla, and Apple. As part of the broader HERE network, including HERECollegeStation.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
