Formula 1 Rumor: Mexico City set to sign 3-year extension

This rumor is upgraded to ‘fact’ today. Formula 1 has announced that the Mexico City Grand Prix will remain on the calendar through 2028 as part of a new three-year extension starting from 2026.

Stefano Domenicali, President & CEO of Formula 1, said: “We are very excited to announce that the Mexico City Grand Prix will continue to be part of our calendar until 2028. Formula 1 is energy, passion and emotion, and every year the unique atmosphere created by our fans in Mexico City is one of the most incredible and energetic experiences of our championship.

“I want to express my sincere thanks to President Claudia Sheinbaum for her strong commitment to Formula 1, to the Head of Government Clara Brugada for her continued support and to Alejandro Soberón Kuri, whose leadership has been fundamental to the success of this event. I also want to thank the local stakeholders and businesses that share our vision and who make this event so special.

“We look forward to continuing this extraordinary collaboration together and seeing the incredible enthusiasm of the Mexican fans again in October.”

Alejandro Soberón Kuri, President and CEO of CIE, added: “We are very excited to announce that the Mexico GP will be held for three more years. We are deeply grateful for the invaluable support of the Government of Mexico City, from the Head of Government of Mexico City, Clara Brugada, to our President, Claudia Sheinbaum, as well as Stefano Domenicali from Formula 1, who have made it possible to continue bringing Formula 1 to our country.

“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. Together, we will continue to work hard to ensure that fans get the most out of an event that offers a unique live entertainment experience, and which for almost 10 years has shown the world the quality of the events we organise in this city.”

April 26, 2025

The Mexico City Grand Prix is set to renew its Formula One contract for three more years through 2028.

The head of government in Mexico City, Clara Brugada, made the exhilarating announcement during a press conference, unveiling that the highly anticipated three-year extension with F1 is set to be inked imminently.

“Next week, we will be signing the agreement with F1,” she said when asked about the future of the race.

Brugada’s bold declaration has confirmed that negotiations with Formula 1’s management have reached a successful conclusion, paving the way for an electrifying future for the Mexico GP.

This monumental contract extension follows a series of successful renewals for the beloved Grand Prix, ensuring its continuity under a privately funded model.

The race’s future had hinged on Sergio Perez’s involvement in the championship, given his popularity had been one of the catalysts for the race’s reinstatement after 21 years away from the calendar. Although he will miss this year’s race, rumors suggest he is close to signing a contract to race for the new Cadillac F1 team starting in 2026.