MX23RW : Tuesday, January 31 08:59:23| >> :600:3973385:3973385:

Public to play minor role at Las Vegas GP

Public to play minor role at Las Vegas GP
© Reuters
The general public will not play a massive role in the inaugural Las Vegas GP next November.

The general public will not play a massive role in the inaugural Las Vegas GP next November.

Formula 1 CEO Stefano Domenicali has already warned that tickets will be unprecedentedly expensive for the event that will include a run down the fabled 'Strip'.

The sport's owners, Liberty Media, have spent a reported quarter of a billion dollars on buying actual land for the event - with Wynn Resorts said to be offering an all-access ticket package for $1 million a pop.

MGM, meanwhile, is spending about $25 million on tickets for special hotel-race packages for guests and plans to build its own grandstand, according to Sports Business Journal.

As for the public, only three-day tickets are available - starting at a minimum of $500 but rising to an eye-watering $8,000 for hospitality packages.

Las Vegas GP CEO Renee Wilm, who is also a Liberty Media executive, confirms that "not a massive amount of tickets" are being made available to fans because "we are so heavily pre-subscribed".

Tom Reeg, CEO of casino company Caesars Entertainment, said: "The demand for that particular event is well beyond what we were expecting and you saw as we rolled out rates, the pricing reflects that."

ID:502081:1false2false3false:QQ:: from db desktop :LenBod:collect1851:

Click here for more stories about Stefano Domenicali

Collect / Create New Data
Share this article now:
Jan Lammers pictured on January 29, 2020
Read Next:
New 2025 Dutch GP deal 'not an easy decision'
>