Formula 1 announces 10-year deal for new Grand Prix in Miami

19 Apr 2021

By: Sport Industry Group

Formula 1 has announced it will add a new Miami Grand Prix to its calendar in 2022 as pat of a 10-year deal to bring the sport back to the US state of Florida.

A new racing layout will be installed at the Hard Rock Stadium complex, the home of NFL franchise Miami Dolphins, with the first race expected to take place in the second quarter of 2022.

The news would mark the first F1 race in Florida since 1959, and would see Miami become the 11th location Formula 1 has raced at in the United States, while the sole US Grand Prix in the 2021 calendar will take place in October at the Circuit of The Americas in Austin, Texas.

“We are thrilled to announce that Formula 1 will be racing in Miami beginning in 2022,” said Stefano Domenicali, President & CEO of Formula 1.

“The USA is a key growth market for us, and we are greatly encouraged by our growing reach in the US which will be further supported by this exciting second race. We will be working closely with the team from Hard Rock Stadium and the FIA to ensure the circuit delivers exciting racing but also leaves a positive and lasting contribution to the people in the local community.”

“We are grateful to our fans, the Miami Gardens elected officials and the local tourism industry for their patience and support throughout this process. We are looking forward to bringing the greatest racing spectacle on the planet to Miami for the first time in our sport’s history.”

Tom Garfinkel, Vice-Chairman, President & CEO, Hard Rock Stadium, added: “The Hard Rock Stadium entertainment campus in Miami Gardens exists to host the biggest global events to benefit the entire greater Miami region and Formula 1 racing is as big as it gets.

"We have worked with specialist designers to create a racetrack that we, Formula 1 and the FIA believe will provide great racing and we hope to create best-in-class unique fan experiences that are reflective of the diverse and dynamic nature of Miami.

“I want to thank Formula 1 and the Miami Gardens and Miami Dade County elected officials for working to bring this hugely impactful event here for years to come.”

F1 says it will work with local businesses in the greater Miami region to ensure a positive economic impact for the area, while an ‘allotment of discounted tickets for Miami Gardens residents’ will also be on offer. The racing series has also pledged to support the local community with the introduction of a STEM education programme through F1 in Schools as well as the opportunity for local businesses to be part of the race weekend.