What's happened
The Las Vegas Grand Prix is set to continue through 2026, with plans for a long-term extension. Meanwhile, the Grand Slam Track series has faced setbacks, including the cancellation of its LA event due to economic issues, leaving the city without major track meets this summer.
What's behind the headline?
Las Vegas Grand Prix
- The Las Vegas Grand Prix has shown promise despite initial challenges, including high ticket prices and logistical issues during its inaugural race.
- The event generated substantial revenue, with $934 million reported for 2024, indicating strong economic impact for the city.
- Plans for a long-term extension suggest confidence in the event's future, with adjustments made to improve the experience for fans.
Grand Slam Track Series
- The cancellation of the LA event highlights the financial difficulties in sustaining track meets, as noted by USATF CEO Max Siegel.
- The series, despite raising $30 million, faces uncertainty as it seeks new investors and aims for a relaunch in 2026.
- The absence of major events in LA raises concerns about the future of track and field in a city preparing for the 2028 Olympics, emphasizing the need for collaboration to ensure sustainability in the sport.
What the papers say
According to AP News, the Las Vegas Grand Prix is confirmed for 2026, with plans for a long-term extension, as stated by Emily Prazer, the president of the Las Vegas Grand Prix. She emphasized the need for evolution and collaboration to ensure the race's success. In contrast, The Guardian reported on the abrupt cancellation of the Grand Slam Track series' LA event, citing economic issues and the challenges of hosting multiple major meets in a short timeframe. This decision underscores the complexities of sustaining track events, as highlighted by Siegel's comments on the necessity for partnerships in the sport's future. The contrasting fortunes of these events reflect broader trends in sports management and economic viability.
How we got here
Las Vegas joined the F1 calendar in 2023 with a three-year contract, while the Grand Slam Track series was launched by Michael Johnson to innovate track events. However, both have encountered significant challenges affecting their viability and future prospects.
Go deeper
- What are the future plans for the Las Vegas Grand Prix?
- Why was the LA Grand Slam Track event cancelled?
- How does this impact the 2028 Olympics in Los Angeles?
Common question
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What Challenges Are F1 and Track Events Facing in 2025?
As the world of motorsport and track events evolves, economic factors are increasingly influencing their viability. The recent cancellation of the LA event in the Grand Slam Track series highlights the challenges faced by these sporting events. What does this mean for the future of F1 and track events? Here are some key questions and answers to help you understand the current landscape.
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