Formula 1 will keep the United States Grand Prix at Circuit of The Americas in Austin through the 2034 season, the championship announced Oct. 19, 2025 — an eight-year extension that locks COTA’s place as the long-term Texas home of the USGP.
Since debuting in 2012, the Austin race has grown into one of F1’s biggest weekends, drawing more than 430,000 fans in recent years with a mix of on-track racing and major concerts. F1 said the event delivered about $7 billion in economic impact to Austin and Texas in its first decade, with the 2023 Grand Prix alone estimated at more than $1 billion in direct and indirect spending and $38 million in Texas tax receipts.
“Since 2012 the United States Grand Prix has continued to grow in strength and popularity, and I want to thank the City of Austin and Travis County for hosting us,” Formula 1 President and CEO Stefano Domenicali said. “As Formula 1 continues to grow and thrive in the United States, we are proud to extend our partnership with Bobby Epstein and his outstanding team in Austin, as well as with Governor Abbott, whose leadership has been instrumental in supporting the sport’s development in Texas and beyond.”
“We’re glad Formula 1 has found a home in Texas,” COTA Chairman Bobby Epstein said. “With this contract, COTA will overtake Watkins Glen as the longest serving Formula 1 track in the United States. Thanks to the great support and a wonderful host city, the United States Grand Prix has grown to be one of the world’s biggest single weekend sporting events — with an unrivalled annual economic impact.”
The announcement landed on 2025 USGP race day in Austin, as F1 also highlighted a U.S. fanbase of 52 million (up 11% year over year) and a younger, more diverse audience among newer American fans. Reporting around the deal also noted expected paddock-club and pit-garage expansions ahead of Cadillac’s arrival as F1’s 11th team in 2026.
Sources: Formula 1 corporate press / formula1.com, Oct. 19, 2025.
