Rwanda’s agreement to host a Formula One Grand Prix is a landmark for the country and for African sport. More than three decades after the continent last hosted a race, Rwanda is preparing to bring one of the world’s most watched sporting events back to Africa. The 10-year agreement, with the first race projected for the early 2030s, gives the country time to prepare and build an event with lasting value. Formula One will put Rwanda before a vast global audience. That visibility can strengthen the country’s profile as a destination for tourism, investment and major international events. The race also comes as infrastructure and services are being developed in Bugesera, including the new airport. Together, these investments can help create a connected hub for visitors, businesses and future events. The opportunity reaches far beyond race weekend. Visitors will need places to stay, transport, food, entertainment and other services. The event will also require expertise in construction, technology, logistics, communications, hospitality and event management. Rwandan businesses can position themselves to meet that demand, while partnerships with international firms can bring new skills, standards and experience into the local economy. There is a promising future here for young people, too. Formula One is a complex industry that depends on engineers, mechanics, data analysts, software specialists, broadcasters, marketers and event professionals. As preparations advance, training and practical work experience can help more African talent build careers in these fields on the continent. The Grand Prix can also serve as a shared African achievement. Rwanda’s role in bringing Formula One back can help open the sport to African audiences and create opportunities for regional tourism operators, suppliers and professionals. A successful race would show what is possible when ambition is matched by planning and collaboration. The business community should start preparing now. Companies can assess what goods and services the event will need, build partnerships, strengthen their capacity and identify the standards required to work in a global sporting environment. Tourism operators can develop packages that encourage visitors to explore more of Rwanda and the region; technology and creative businesses can plan ways to serve the event and its worldwide audience. This is a chance to be ready before the crowds arrive. Rwanda has secured a place on the Formula One calendar. The next task is for local businesses and talent to take their place in the wider enterprise—and help ensure that the benefits of Africa’s return to the grid are felt across the continent.