Why F1’s £81.5bn Vegas debut beat the Super Bowl and what’s new in 2024
organizer of the Las Vegas Grand Prix will change the construction of the beginning of last year and expect the second F1 visit on the truck. Look at the weekend of Las Vega Slas Vegas at Sky Sports F1. Race at 6 am on Sunday
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Formula 1 is set in the Grand Prix that has already closed Las Vegas’s iconic strips twice this weekend, which has already broken one of the most famous cities in the world.
So, there was a very published first event in 2023, and what did you change both inside and outside the circuit in front of the most symbolic benchmark of the city of sin?
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Ahead of the event\’s second running on the Las Vegas Strip Circuit live on Sky Sports F1, which could see Max Verstappen clinch his fourth successive world title in Sunday\’s 6am race, we spoke to one of the senior figures behind the staging of the event to find out…
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\’F1 even surpassed what the Super Bowl generated\’
For a city that welcomed 40.8m visitors across 2023, and was already world renowned for hosting major entertainment and sporting events in addition to the casinos and hotels on which it made its name, it might be considered surprising that the return of Formula 1 to Nevada after a 41-year absence had such a seismic impact. However, Lori Nelson Craft, a senior vice president of racing corporate issues, stated that it was the first event to put Las Vegas in the World Arena in a way that we had never experienced last year. I did it.
\ “It is clear that Las Vegas is one of the best directions to travel around the world, but the opportunity to agree to Formula 1, which has its international presence and presence, achieves more Las Vegas. It was an exciting opportunity to help, and she explained in an interview with Sky Sport. 
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“The experience for fans to see the city become part of the circuit was incredible, but what was even more exciting was seeing the track and all the entertainment with worldwide coverage of the race.
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“It was a really amazing sight to see Las Vegas like this. And the Las Vegas Convention and Visitors Bureau commented after the race that the advertising and press for Las Vegas in the first year was six times what Las Vegas normally received during that race week alone.
“This shows you what a very special and unique partnership between F1 and Las Vegas is.”
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The best footage from the action-packed Las Vegas Grand Prix
The numbers are naturally staggering by Las Vegas standards, coming in the 12 months since Allegiant Stadium, next to The Strip, hosted its first Super Bowl.
“This weekend before Thanksgiving is typically the quietest weekend in Las Vegas,” said Nelson Kraft, who joined the Grand Prix organizing group earlier this year and helped plan the inaugural event while working for the Las Vegas Convention and Visitors Authority. \ “Calendar’s date races are strategic that it is a really good step for Las Vegas, and we reported that we reached $ 1.5 billion on the economic impact on the first year’s heel. And it’s a one-time investment in Las Vegas that should reap the benefits.
“After Liberty Media purchased the land and built what they called Grand Prix Plaza, it’s a 300,000-square-foot facility that’s used for racing, but now it’s also a year-round facility that’s used for event bookings, conferences, social events.” Share
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“So there’s an opportunity for more programming there, and the final benefit of this trickle to the local community is not just the wages and benefits of these hospitality workers and all the workers who may be benefiting from that.” Hosting those visitors generated $77 million in local and statewide taxes. “It even surpassed what last year’s Super Bowl brought to Las Vegas as a standalone event, and of that $77 million, $22 million went directly to schools.
For comparison, Super Bowl LVIII last February had an economic impact of $1 billion for the area and generated $33.6 million in tax revenue.
How has Vegas responded to first-year disruptions and local complaints?
While F1\’s return to Las Vegas after more than 41 years made global headlines and brought tangible economic benefit, the impact of staging the three-day event on the day-to-day lives of locals, workers and businesses operating in and around The Strip was also thrust into focus amid complaints from some that the event had brought about too much disruption. Preparation for the November race took nine months, with the first year of construction including resurfacing work on existing roads that make up much of the 3.8-mile course, as well as regular road closures and detours.
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Greg Maffei, the outgoing CEO of F1 owner Liberty Media, apologised for the disruption caused at the time, and a year later Nelson-Craft said the lead times for the 2024 event had been significantly reduced.
“We really looked back at the first year and reflected on the successes and lessons learned from last year,” she said. “So for year two there have been a lot of changes in terms of setting up and preparing the track.
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\ “Of course, pavement was needed in the year. It is difficult for the local community, and we know this. This year, the installation of the program we saw was reduced by reducing these preparations by 65 %, and most of the installation of the circuit is complicated in the past year, complicated at night. It occurred. There is a temporary car and a pedestrian bridge, and it is necessary to build on the infrastructure.
\ “There is a road where the four stripes of the bridge of this car have heard these comments between the community companies, and it is possible to reduce the image of a 50 % bridge that has been approved for access. These companies.
Measures to improve the experience of local residents include launching an interactive online road card in August and twice a week. What changed for this event? And what happened in the second round?
After months of anticipation for what was billed as F1’s biggest and most spectacular race, the new Las Vegas Strip Speedway got off to a false and, at the time, seemingly alarming start when Carlos Sainz’s Ferrari tightened a loose drain cover eight minutes into the race, causing severe damage to the car in the first practice session and causing a significant delay to Thursday night’s opening session. The video you are trying to watch cannot
Think back to the moment in 2023 when the first practice session for the Las Vegas Grand Prix was stopped after eight minutes due to a track defect that forced Carlos Sainz to stop his car
So much so that when the second practice session did start – two and a half hours later than scheduled, at 2.30am local time on Friday after a full cleaning of the many remaining drains – the session took place in front of empty grandstands, as during the COVID pandemic, with spectators asked to leave due to workers going beyond their working hours