Formula 1 Crypto.com Miami Grand Prix 2026

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The main race will be held on Sunday, May 3, 2026, in the city of Miami Gardens (located in the Greater Miami area), Florida, USA. The full event weekend runs from May 1 to May 3, 2026.

The Miami Grand Prix is a cornerstone of Formula 1’s strategic expansion into the United States market. It’s a major economic driver, having generated over $1 billion in impact in its first three years. It blends world-class motorsport with high-profile celebrity culture, luxury entertainment, and a festival-like atmosphere.

The race is organized by South Florida Motorsports (SFM), led by Managing Partner Stephen Ross and President Tyler Epp.

Venue, Competitors’ Structure, and Prize Pool Overview for the Formula 1 Crypto.com Miami Grand Prix 2026

The Miami International Autodrome serves as the venue for the race. It’s a 5.41km temporary open-air street-style circuit with 19 corners designed around the Hard Rock Stadium complex.

For the 2026 season, the grid expands to include 11 teams and 22 drivers. This expansion follows the debut of the American Cadillac team.

Formula 1 doesn’t award prize money for individual races; instead, a total season-long prize pot is distributed to teams based on their final position in the World Constructors’ Championship. For that, a total prize pool is estimated at approximately $1.6 billion for the 2026 season. The pot is roughly 50% of F1’s commercial rights revenue, wherein the first-placed team receives ~14% of the pool (approx. $140 million). Certain teams receive additional payments, most notably Ferrari, which receives a “historical bonus” for its long-standing participation in the sport. Drivers don’t receive direct prize money from F1. Their income consists of base salaries and performance bonuses paid by their respective teams.

Participating Teams & Drivers in the Formula 1 Crypto.com Miami Grand Prix 2026 and Qualification Overview

McLaren Mastercard F1 Team

Mercedes-AMG Petronas F1 Team

Oracle Red Bull Racing

Scuderia Ferrari HP

Atlassian Williams F1 Team

Aston Martin Aramco F1 Team

Audi Revolut F1 Team

Cadillac Formula 1 Team

TGR Haas F1 Team

Visa Cash App Racing Bulls

BWT Alpine Formula One Team

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“Qualification” in Formula 1 happens on two levels: season-long entry and race-specific grid positioning.

1. Season entry (the “qualification” for the Championship):

• Teams: Must be approved by the FIA and F1. Cadillac was officially approved as the 11th team in late 2025.
• Drivers: Must hold a valid FIA Super Licence, earned by accumulating 40 points through success in junior categories like Formula 2 or IndyCar.

1. Race weekend qualification (the “qualification” for Sunday’s race). Drivers must set a lap time within 107% of the fastest time in the first part of Saturday’s Qualifying (Q1) to be allowed to start the Grand Prix. For 2026, the knockout format has been adjusted for the 22-car field (we’ll tell you all about it in a bit).

Structure and Competition Format of the Formula 1 Crypto.com Miami Grand Prix 2026

The Formula 1 Crypto.com Miami Grand Prix 2026 follows a “Sprint” weekend structure, meaning the event is divided into three days of competitive stages rather than a single race. Unlike a tournament with brackets, F1 stages are chronological sessions that build toward the main event.

• Friday, May 1: Free practice 1 & Sprint qualifying
  • One 60-minute practice session followed by a knockout qualifying session to determine the grid for Saturday’s Sprint.
• Saturday, May 2: Sprint & Grand Prix qualifying
  • Sprint: A short, 100km race (approx. 30 mins) where the top 8 finishers score championship points.
  • Grand Prix qualifying: A three-part knockout session (Q1, Q2, Q3) to set the starting order for Sunday’s main race.
• Sunday, May 3: The Grand Prix (the main race)
  • The full-distance race (57 laps), where the winner is crowned.

F1 is a timed and distance-based competition:

• Format: The Grand Prix is a first-to-the-finish-line race. All 22 drivers start simultaneously on a grid. The first driver to complete the set number of laps (covering 305km+ total) is the winner.
• Qualifying “elimination”: During the Saturday qualifying sessions, cars are “knocked out” based on their lap times:
  • Q1: The six slowest drivers are eliminated and take positions 17–22.
  • Q2: The next six slowest are eliminated for positions 11–16.
  • Q3: The final 10 drivers compete for pole position (first place on the grid).

There’s no mid-race elimination system. All drivers stay in the race unless they retire (due to a crash or mechanical failure) or are disqualified for a rules breach.

Favorites in the Formula 1 Crypto.com Miami Grand Prix 2026, Betting Options, and Where to Watch

For the Formula 1 Crypto.com Miami Grand Prix 2026, pre-season data and early championship rounds have established clear frontrunners, though the introduction of new technical regulations and the 11th team (Cadillac) adds significant unpredictability.

Following early-season performances, the Mercedes duo of George Russell and Kimi Antonelli is currently the top betting favorite for the Miami race, often priced around 6/4 on bookmakers with apps for Android.

Top contenders are George Russell (Mercedes), Kimi Antonelli (Mercedes), Oscar Piastri (McLaren), and Lando Norris (McLaren). Max Verstappen (Red Bull) and Charles Leclerc (Ferrari) are currently seen as high-value outsiders as their teams work to close the gap to Mercedes and McLaren.

The most popular F1 betting markets include race winner, podium finish (top 3), fastest qualifier (pole position), and top 10/points finish. Top-rated online bookmakers offering F1 markets include:

• bet365: Widely considered the “gold standard” for F1 with extensive in-play markets and a global presence.
• Betfred: Highly ranked for mobile experience and competitive odds.
• Paddy Power: Known for offering some of the best prices and “value” for favorites.
• FanDuel & DraftKings: Leading options for U.S.-based fans (age 18+ in select states like KY, NH, and WY).

Where to watch:

• USA: The race is exclusive to Apple TV+ starting in 2026. Subscriptions are required for live sessions, though some races may also be shown in IMAX theaters.
• UK & Ireland: Live coverage is provided by Sky Sports F1, with free-to-air highlights available on Channel 4.
• Global: F1 TV Pro remains the primary streaming service in most territories (excluding the UK), offering live onboard cameras and expert data.
• Free-to-air: Fans in Austria (ORF/Servus TV), Belgium (RTBF), and Luxembourg (RTL) can access free live streams of the race.

Pros and Cons of Favorites in the Formula 1 Crypto.com Miami Grand Prix 2026