The Mexico City Grand Prix will remain a fixture on the Formula 1 calendar until at least 2028, following the signing of a new three-year contract extension that secures the event’s immediate future amid concerns following the exit of local hero Sergio Perez.
The announcement puts to rest weeks of speculation over whether the popular race would continue, particularly in the wake of Red Bull Racing’s decision to part ways with Perez at the end of the 2024 season. Despite Perez’s absence from the 2025 grid, the Grand Prix has retained strong institutional and commercial support within the country.
The race, held at the Autodromo Hermanos Rodriguez in the heart of Mexico City, has become one of the sport’s most celebrated and vibrant events since its return in 2015 after a 22-year hiatus. Known for its electric atmosphere, passionate fans, and iconic stadium section, the Mexican Grand Prix has consistently drawn some of the largest and most enthusiastic crowds on the Formula 1 circuit.
Formula 1 president and CEO Stefano Domenicali praised the extension, saying: “Every year the unique atmosphere created by our fans in Mexico City is one of the most incredible and energetic experiences of our championship. We look forward to continuing this extraordinary collaboration together and seeing the incredible enthusiasm of the Mexican fans again in October.”
The new deal has been made possible through a coalition of support from the Mexican national government, the Mexico City local authorities, and several major business stakeholders. Among the key backers is Mexican billionaire Carlos Slim Domit, a long-time supporter of motorsport in the region and one of the richest men in the world.
President Claudia Sheinbaum, who previously served as the mayor of Mexico City, has also championed the race. Her successor as mayor has reaffirmed the city’s commitment to hosting the event, citing the economic and cultural benefits the Grand Prix brings to the capital.
The Grand Prix has long been seen as a national showcase, drawing hundreds of thousands of spectators over race weekend and contributing significantly to local tourism and business revenues. In 2023, the event was attended by over 400,000 fans across the weekend, generating tens of millions of dollars in economic activity.
Though the departure of Sergio Perez, the only Mexican driver on the grid in recent years, cast a shadow of doubt over the race’s future, organizers have made clear that the event’s appeal extends well beyond national representation on the track.
“This race belongs to the fans,” said an official from the local organizing committee. “While Checo [Perez] was a great ambassador for Mexico, the Grand Prix is about more than just one driver. It’s about our pride, our culture, and our place in global motorsport.”
Indeed, the atmosphere in Mexico City has often been lauded by drivers and teams alike. The fans’ energy, especially through the stadium section where the cars pass through grandstands packed with cheering supporters, has become one of the most iconic visuals in modern Formula 1.
The Autodromo Hermanos Rodriguez, named after Mexican racing legends Ricardo and Pedro Rodriguez, continues to offer a unique challenge for drivers. At over 2,200 meters above sea level, it is the highest circuit on the F1 calendar, testing cars and drivers in low-air-density conditions that require specialized setup and adaptation.
The renewal of the Mexico City Grand Prix adds to F1’s growing list of long-term event deals, reflecting the sport’s strong global appeal and commercial stability under Liberty Media’s stewardship.
As the 2025 season approaches, F1 officials, teams, and fans can look forward to another installment of the Mexico City GP in October—an event that, with or without a home driver, remains a standout spectacle on the calendar.
