Domenicali: Miami GP key to F1's growth in the USA

Although Austin has been hosting the Formula 1 races since 2012, the true measure of whether the championship could genuinely penetrate American culture occurred much later, a full ten years afterward, with the choice to hold a race in Miami.

The Circuit of the Americas hosts the de facto The United States Grand Prix is frequently regarded as the haven for 'traditional' Formula 1 enthusiasts, yet to genuinely leave a mark in the U.S., F1 understood that it had to create a more significant impression.

Join the Miami Grand Prix and its faux marina, which held its inaugural race in 2022 and has quickly become a hotspot for celebrities, athletes, and everyone eager to mingle with an event gaining traction thanks largely to its rising appeal. Drive to Survive .

On Friday, shortly before the commencement of the inaugural 2025 F1 track activities, CEO and President Stefano Domenicali welcomed Tom Garfinkel, the managing partner of the Miami Grand Prix. Together, they unveiled a new 10-year agreement to continue hosting the race.

This indicates that Formula 1 will remain in Miami Gardens up to at least 2041, as Domenicali highlighted the crucial part this event plays in expanding the reach of the championship.

“We can confirm that Miami will play a key role in our major plan to reinforce our position in the United States of America," he stated.

This is an essential location that we all need to be part of. A great deal of thought has gone into ensuring that this event not only maintains its past success but also becomes one of the key foundations for our development within this nation. As you're aware, it symbolizes the space where we firmly believe significant collaborative achievements are possible.

Stefano Domenicali, the Chief Executive Officer of the Formula One Group

Photo credit: Sam Bagnall / Motorsport Images

Our approach is to secure enduring agreements with our exceptional global partners. This has been crucial for maintaining stability during our expansion within this particular industry.

I believe it wouldn’t be incorrect to mention that it was my initial agreement I sealed upon joining as CEO alongside Tom, simply because, naturally, discussions about Miami had been ongoing for several years prior. However, our aim was to finalize a crucial and notable component in this section of the United States.

Domenicali talked solely with Romero.my.id on the night before the race weekend, addressing how Formula 1 has implemented a focused approach for expanding its presence in the United States.

Read Also: The American Revolution of F1: How the Series Finally Punched Through in the USA

This approach involved incorporating the Las Vegas Grand Prix for 2023 – which was championed by Formula One itself – increasing the total number of F1 events in America to three. Stefano Domenicali thinks this count is manageable.

It’s important to mention that each location we have here in the U.S. serves distinct customer segments. We also ensure that our scheduling prevents any self-competition between these locations.

Absolutely, each of these three distinct components complements our overall approach. Hence, they will drive forward the remaining aspects, even with one [Las Vegas] being under our control, ensuring we strengthen our position in the U.S. for improved outcomes.

Miami played an essential role in our progress following the pandemic since we shouldn’t overlook all the uncertainties that emerged afterward. Hence, successfully organizing that race highlighted how appropriate Miami was for this particular clientele, considering its impact within the broader landscape of U.S events.

So, for this reason, as I mentioned earlier, it's highly important because we can truly consider the long term—just like everybody ought to ponder ways to collectively boost the development of our sport.

We aim to think on a larger scale continuously. The sole method to adopt this expansive thinking is by collaborating with top-tier partners, which will assist us in understanding an ecosystem that we are yet to fully explore, and undoubtedly, this collaboration will prove advantageous for all parties involved in our projects.

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