Las Vegas anticipates that Formula 1 will have a "lifetime partnership" with the city, as it hosts its first race in 2023.
The event has recently been granted permission by the Clark County Commission to be staged on the city's iconic Strip until 2032, even though it is only on an initial three-year contract.
"I think it's important to note that we have a three-year contract with Formula One, but we anticipate a lifetime in partnership," said Clark County commissioner James Gibson told ESPN.
The comments come after Formula 1 Chief Executive Officer Stefano Domenicali believed that the Las Vegas race will have a greater impact than the NFL Super Bowl finale, which is set to be staged in 2024.
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November race date set to stay for future
The ruling granted the use of Las Vegas Boulevard South - which is where the Las Vegas Strip is located - on the basis that the race weekend is scheduled between 'Wednesday and Sunday' and takes place a week prior to Thanksgiving in November between 2023 and 2032.
This suggests that the November timeframe for the race to be scheduled is set to stay for the foreseeable future.
The inaugural Grand Prix will take place on a Saturday rather than the traditional Sunday, with construction of the paddock buildings and set up getting fully underway to be ready for the penultimate race weekend of the season.
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