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F1 Extends Austin Deal to Keep U.S. Grand Prix at COTA Through 2034

The extension reflects COTA's record crowds, major economic returns, and facility investment.

Overview

  • The eight-year renewal was confirmed just hours before Sunday's United States Grand Prix at the Circuit of the Americas.
  • The new agreement extends a contract that had been due to expire after 2026, securing Austin as a long-term U.S. fixture.
  • COTA is set to overtake Watkins Glen as the longest-serving Formula 1 venue in the United States during the term of the deal.
  • Officials cite weekend attendances above 400,000 in recent years and an estimated $7 billion economic impact for Austin and Texas, including $38 million in 2023 state tax receipts.
  • Planned upgrades include expanded pit garages and paddock facilities to accommodate Cadillac’s 2026 entry, alongside a new hotel, convention centre, and on-site attractions.