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.