Formula 1 CEO Stefano Domenicali has branded the completion of a deal to stage a Grand Prix in Las Vegas as "an incredible moment" for the sport.
F1 will return to Nevada in 2023 for the first time in more than 40 years, adding to races in Miami and Austin as a third US event.
It will also be the only race on the calendar not to be staged on a Sunday, with racing planned under the lights on a Saturday night in November.
The 3.8-mile track looks set to include a 1.7-mile blast down the Las Vegas Strip and past Caesars Palace, where two races were held between 1981 and 1982.
"This is an incredible moment for Formula 1 that demonstrates the huge appeal and growth of our sport with a third race in the US," said Domenicali.
Domenicali excited to see F1 meet world's entertainment capital
Las Vegas' arrival is the next step in F1's expansion into the US market, with a fourth race a possibility for the future, RacingNews365.com understands.
And for Domenicali, there is no better stage for the sport than a race in the City of Lights.
"Las Vegas is a destination known around the world for its excitement, hospitality, thrills, and of course, the famous Strip," Domenicali continued.
"There is no better place for Formula 1 to race than in the global entertainment capital of the world and we cannot wait to be here next year.
"I want to thank everyone who helped deliver this event, especially Governor Sisolak, the Clark County Commission, Steve Hill at the LVCVA, and our local partners."
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