News Details

Liberty Media buys land in Las Vegas for F1 track

Formula 1 will return to Las Vegas next November Formula 1’s commercial rights holders have purchased land in Las Vegas that will be used for the pit and paddock complex next November. An all-new business model is set to be used for the Las Vegas Grand Prix with Liberty Media set to self-promote via its Live Nation business. That differs from its usual model which charges promoters a figure somewhere in the region of $60 million to host the event. One of the key challenges facing Liberty Media with putting on the event was how it would house the travelling circus, with suggestions the paddock could be some distance from the pit lane. That issue has now been resolved with confirmation...
Full Story »
7mo ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

Liberty in $240m Las Vegas land deal

Liberty Media CEO Greg Maffei reveals that a $240m deal sees F1 buy a plot...
7mo ago from Pitpass.com

F1 reveal $240million Las Vegas GP purchase

Liberty Media CEO Greg Maffei has revealed a $240million land purchase in...
7mo ago from GPFans.com

F1 owner Liberty Media to purchase Vegas land for $240m

Formula 1’s owners Liberty Media will purchase land for the pit and...
7mo ago from Racer.com

Williams engineers wanted to strip entire car of all...

Dave Robson and his team of Williams engineers did ask if they could...
7mo ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

VR46 boss firmly denies rumours of 2023 MotoGP Yamaha...

VR46 MotoGP Team Director Alessio Salucci has firmly denied FIM President...
16h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Andretti breaks ground on massive new headquarters

Andretti Autosport has broken ground on its massive new, $290 million...
3d ago from SpeedCafe.com

New television series showcasing Indy 500 announced

A new documentary series named “100 Days to Indy” is being planned for...

Popular On TotalWRC.com

M-Sport signs Tänak for 2023 season

Ott Tanak has announced that he will be driving for the M-Sport Ford WRC...

Popular On GunnersToday.com

West Ham a serious contender to land talented...

West Ham United are in talks to sign Barcelona’s Memphis Depay as the...
10h ago from CaughtOffside.com

Edu could sign Arsenal their next Dennis Bergkamp in...

Arsenal have been rocked by the recent injury to talisman Gabriel Jesus,...

Comments

Hottest News

Mercedes offer Hamilton contract insight as Alonso makes...

Mercedes team principal Toto Wolff has confirmed... Read More »
6h ago from GPFans.com

FIA Prize Giving Awkward

I'm not sure if FIA president Mohammed Ben... Read More »
5h ago from TheParcFerme.com

Fourth DRS zone set to return at Albert Park

'With the circuit modifications at Albert Park,... Read More »
2h ago from SpeedCafe.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.