Formula 1 is in advanced negotiations with Las Vegas to bring an annual race to the Las Vegas Strip, Sports Business Journal reported Thursday.
F1 execs visited the area in recent months while communicating with Nevada Gov. Steve Sisolak and the Las Vegas Convention & Visitors Authority, among other stakeholders, per the report.
The sport has been working lately to increase the number of races, with 2022 featuring an unprecedented 23-race calendar.
If a new race comes to fruition, it would mark the third race on American soil on the F1 calendar. Austin, Texas, has hosted a race since 2012 and a new event in Miami is being added in 2022.
There was briefly an F1 race in Las Vegas between 1981 and 1984 known as the Caesars Palace Grand Prix, for which a temporary track was built in the parking lot of the Caesars Palace hotel. Last November, an F1 journalist reported that a proposed Las Vegas track would incorporate the Strip and pass the dancing fountains outside Bellagio Casino.
F1 announced on Thursday that they have signed a seven-year contract extension with Singapore that will see the sport race there until 2028. The Singapore night race has been cancelled for the past two years due to Covid-19, but has been placed on the 2022 calendar on October 02. (Reuters, Additional reporting by Grandprix247)
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