Four years later, has Miami Gardens’ $5M F1 deal delivered for residents?

In 2021, as Miami Gardens cleared a path for Formula One racing around Hard Rock Stadium, officials touted a $5 million Community Benefits Package to sweeten the deal that drew resident pushback. The package promised local STEM programming, paid internships, scholarships, partnerships with neighborhood businesses, and other investments meant to offset traffic, noise and disruption.

F1 organizers projected that the race would deliver 4,000 jobs, 35,000 hotel bookings, and a $400 million annual economic impact.

Four race weekends later — and with the Miami Grand Prix contract now extended through 2041 — The Miami Times reviewed city records to assess how the community benefit funds have been spent and whether residents are satisfied.

The Formula 1 Miami Grand Prix happens in May of