The condition would have been tied to the Las Vegas Festival Grounds, a 39-acre site the Oakland Athletics no longer are considering for a stadium.
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Although a large portion of the tickets are grandstand seats, the VIP experience is also big with up to 40,000 hospitality seats available for the race.
“For a while we were on parallel paths (with Oakland), but we have turned our attention to Las Vegas to get a deal here for the A’s and find a long-term home,” A’s President Dave Kaval told the Review-Journal on Wednesday.
The inaugural Formula One Las Vegas Grand Prix race week will be jam-packed with events, ushering in the new era of motor sports in Southern Nevada.
The Las Vegas Grand Prix is set to take place on 3.8 miles of mainly public roads, including stretches of Las Vegas Boulevard, Koval Lane and Sands and Harmon avenues.
Road work associated with paving efforts for the Formula One Las Vegas Grand Prix is underway on the Strip as work continues to determine what, if any, public money is used on the project.
Formula One hit a Las Vegas milestone Thursday with the topping off of its 300,000-square-foot paddock building.
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