Caesars Entertainment rolled out the most lavish 2023 Formula One Las Vegas Grand Prix thus far, with a $5 million asking price attached to it.
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More than a year before the Las Vegas Grand Prix, some hotel operators have already started charging hundreds of dollars more than a typical weekend fare.
Formula One is set to bring the party to the Las Vegas Strip one year before the wheels are on the ground for the inaugural Las Vegas Grand Prix.
Nevada’s largest employer is chomping at the bit at the possibilities of the first F1 race in Las Vegas since 1982 and is planning multiple race packages.
Liberty Media, F1’s parent company, closed on 39 acres near the Strip on the northeast corner of Harmon Avenue and Koval Lane for $240 million.
F1 owner Liberty Media purchased nearly 40 acres for a 50-lap Grand Prix in Las Vegas next year.