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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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.
The Las Vegas City Council unanimously approved the monorail agreement for the project, paving way for the underground transportation system featuring a fleet of Teslas to include five initial downtown stops.
The Boring Company’s Vegas Loop is planned to be operational under the Strip next year.
After a two-year delay and three days of action, Las Vegas is receiving rave reviews as a host for the NFL draft.