$20M Las Vegas F1 sponsorship accepted by tourism board

LAS VEGAS (KLAS) — The Las Vegas Conference and Guests Authority unanimously accepted $20 million sponsorship of the Formulation 1 Las Vegas Grand Prix in 2026 and 2027.

The LVCVA determined throughout Tuesday’s assembly to authorize its CEO and president to signal a two-year sponsorship settlement with Liberty Cube, Inc., the group behind the occasion.

$12M F1-LVCVA partnership unknown to board member, authority says already accepted

The races can be held in November of each years on the streets of Clark County.

The settlement permits for a complete of $20 million in spending over the 2 years. Any unused funds will return to the LVCVA’s basic price range.