A formerly quiet, sprawling tract of land near the Strip is becoming a Formula One racetrack and the owner of a rental property next door is looking to sell for a hefty sum.
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Las Vegas Boulevard lane impacts tied to this weekend’s Formula One Las Vegas Grand Prix Fan Fest are underway.
Formula One officials are looking at constructing a four-story, 300,000 square foot paddock building just off the Las Vegas Strip.
After unveiling plans for a dramatic race on the Strip, the company behind Formula One says it’s also buying property near Las Vegas’ casino corridor for a hefty price.
Before the Las Vegas race, organizers have to deal with a legal dispute between a Miami tech entrepreneur with ties to the Strip, and Formula One and Liberty Media.