Officials in Las Vegas have approved the Formula 1 Las Vegas Grand Prix as an annual event for at least 10 more years. The unanimous 7-0 vote on Tuesday by the Clark County Commission – which waives traffic ordinances that prevent the closure of the Las Vegas Strip – officially allows Formula 1 to extend its contract.
Formula 1 is currently signed to a three-year deal, beginning with its first race on November 18.
We anticipate a lifetime together in partnership,” commission chair Jim Gibson said at the meeting. “This will open the pathway to be able to do it for at least 10 years. “Beyond that, I’m sure those that succeed us will see the value in what we’ve done and continue doing it forever.”
Clark County’s approval stipulates that the race can only take place the weekend before Thanksgiving each year.
Formula 1 is currently signed to a three-year deal, beginning with its first race on November 18.
We anticipate a lifetime together in partnership,” commission chair Jim Gibson said at the meeting. “This will open the pathway to be able to do it for at least 10 years. “Beyond that, I’m sure those that succeed us will see the value in what we’ve done and continue doing it forever.”
Clark County’s approval stipulates that the race can only take place the weekend before Thanksgiving each year.