Formula 1 To Stay In Mexico City Through 2028

Formula 1 will continue to race in Mexico City through 2028, following the announcement of a new three-year contract extension that ensures the Mexican Grand Prix remains a key stop on the international racing calendar.

The extension, announced Wednesday by Mexico City Mayor Clara Brugada, Formula 1 CEO Stefano Domenicali, and other officials, comes as the sport continues to gain popularity in Mexico. The race is held at the iconic Autódromo Hermanos Rodríguez, which has hosted some of the most energetic and well-attended events in recent F1 history.

Formula 1 CEO Stefano Domenicali praised the race, calling it “one of the most incredible and energetic experiences of our championship.”

The Grand Prix drew 154,142 fans on race day in 2024 and over 405,000 spectators across the three-day event. Since returning to the F1 calendar in 2015, the Mexico City Grand Prix has become a fan favorite, both for its electric atmosphere and its economic contribution to the city.

“This not only contributes to the economic development of Mexico City, but also promotes our city, as well as our country, in a significant way worldwide,” said Alejandro Soberón, president and CEO of Grupo CIE, the entertainment company behind the race’s organization.

A Crowd Favorite With Global Appeal

Gran Premio de la Ciudad de México F1/Cuartoscuro

Over 150,000 fans packed Mexico City’s Autodromo Hermanos Rodríguez for last year’s final.

Formula One/X

Privately Funded and Here to Stay

Mayor Brugada emphasized that the Grand Prix will continue to be funded through private and business sector support, with no cost to taxpayers.

“At the beginning of next year, we will be giving you better news about the continuation of this wonderful event for many years in Mexico City,” she told Marca, hinting at further long-term plans for the event beyond 2028.

As Formula 1 continues to grow in popularity, the role of local drivers like Sergio "Checo" Pérez becomes crucial. Dr. Michael Thompson, a sports psychologist, explains that having a local hero can enhance fan engagement and increase attendance at races. This phenomenon is widely documented in sports psychology literature.

He recommends leveraging Pérez’s popularity through community engagement initiatives, such as meet-and-greet events or fan clubs. These strategies can foster a deeper connection between the driver and fans, enhancing the overall experience of the Grand Prix.

Ferrari driver Carlos Sainz of Spain (right) won the 2024 Mexico City Grand Prix

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The Economic Impact of F1

Dr. John McGuinness, an economic analyst specializing in sports economics, notes that events like the Formula 1 Grand Prix significantly boost local economies. His research highlights that international sporting events can generate millions in tourism revenue, benefiting local businesses and creating jobs.

McGuinness emphasizes that sustained investment in such events can lead to long-term economic benefits, especially for cities like Mexico City. By promoting related events and local culture, stakeholders can maximize these opportunities, turning a one-off race into a yearly economic boon.

A Historic Track With Modern Appeal

The Autódromo Hermanos Rodríguez first hosted Formula 1 in 1963, but the race was removed from the calendar in 1970 due to safety concerns related to uncontrolled crowds. It returned from 1986 to 1992 before again being dropped, this time due to the circuit's inability to modernize and growing environmental concerns.

After a 23-year absence, Formula 1 made its return in 2015 following major upgrades to the track. Nico Rosberg won that year's race for Mercedes, reigniting Mexican enthusiasm for the sport. Last year, Ferrari’s Carlos Sainz claimed victory in the 305-kilometer event.

This year’s race will take place October 24–26 and, for the first time, will feature the F1 Garage — a premium hospitality and culinary experience curated in partnership with celebrity chef Gordon Ramsay.

“Checo” Pérez’s Future Still Uncertain

While excitement grows around the future of the Mexican Grand Prix, speculation continues about Mexico’s top driver, Sergio “Checo” Pérez. The veteran racer, who has six Formula 1 wins and 281 starts, left Red Bull Racing in December after two inconsistent seasons alongside teammate and reigning champion Max Verstappen.

Pérez is reportedly in talks with Cadillac, which plans to debut as an F1 constructor in 2026. His extensive experience is seen as a valuable asset for the fledgling team, which is expected to become the sport’s 11th entry.

Though nothing is confirmed, Cadillac officials are in Florida this weekend ahead of the Miami Grand Prix, where the team is expected to make its first official announcement. Whether Pérez will be part of it remains to be seen.

With Mexico City’s spot on the F1 calendar now secured, the focus shifts to the track — and whether “Checo” will be on the grid in a new uniform when Cadillac joins the race.

Therapeutic Insights & Recovery

The continuation of Formula 1 in Mexico City underscores the sport's growing influence in the region. Experts like Dr. John McGuinness highlight the economic benefits that come with hosting major sporting events, reinforcing the notion that the Grand Prix is more than just a race; it’s a catalyst for local growth.

Additionally, engaging local stars like Checo Pérez can deepen fan relationships and enhance the overall experience. As these dynamics unfold, the potential for sustainable community benefits looks promising, paving the way for future successes.