Las Vegas will host its first Formula One race in November 2023, according to Sports Business Journal.
F1 has been in negotiations with Las Vegas and Nevada officials for months with an eye toward holding an annual race in and around the Las Vegas Strip. The race will be officially announced in the coming weeks.
A report in Front Office Sports said Vegas will be held Thanksgiving weekend.
It will mark the third U.S.-based race on the F1 circuit. Austin, Texas, has hosted a race since 2012, and a new event in Miami will debut this May.
F1 executives have also reportedly shown interest in New York as a fourth American venue.
F1 CEO Stefano Domenicali told Sky Sports the circuit could be interested in going to Africa, the only continent without an F1 race yet.
The sport has enjoyed growing popularity in the U.S., in part due to a Netflix docuseries produced in collaboration with F1 called "Formula 1: Drive to Survive."
There was briefly an F1 race in Las Vegas between 1981 and 1984 known as the Caesars Palace Grand Prix, for which a temporary track was built in the parking lot of the Caesars Palace hotel.