Formula 1 secures long term deal with Miami Grand Prix until 2041

Formula 1 has extended the Miami Grand Prix's contract through 2041, making it the longest-running event on the F1 calendar. The race has significantly boosted the local economy, generating over $1 billion in three years, while also supporting community initiatives. South Florida Motorsports was named 2024 Formula 1 Promoter of the Year.

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