After over 500 days of preparation, Formula One fans from around the world are ready to gather for the Las Vegas Grand Prix, the biggest event in the city’s history.
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The Las Vegas Convention and Visitors Authority board of directors agreed to pay $6.5 million a year over three years to bring the Grand Prix to the resort corridor.
The Las Vegas Convention and Visitors Authority will initiate a legal action against a Henderson company that is blocking its efforts to stage a Formula One car race.
A new sponsorship agreement will keep two NASCAR races in Las Vegas for another 11 years, although the sponsorship amount will be reduced.