The Las Vegas Convention and Visitors Authority (LVCVA) has approved a $20 million sponsorship deal to extend the Formula One Las Vegas Grand Prix through 2027. The unanimous decision by the LVCVA board covers the 2026 and 2027 races, with CEO Steve Hill signing the two-year agreement with the event organizers. This sponsorship aims to support tourism and the continued presence of the globally renowned Formula One race in Las Vegas. Additionally, the Las Vegas Grand Prix has resolved legal disputes with a trio of small businesses, with two of the businesses partially dismissing their lawsuit against the event.