Las Vegas Grand Prix Tries to Win Local Residents

Industry

F1 returns to Sin City this weekend with hope that the Las Vegas Grand Prix will go down better with the local community than it did last year. The night race down The Strip looked spectacular and drove a $1.5 billion boost to the local economy, but months of construction work and the closure of the vital roadway did not endear it to those who call the city home.

The installation of the grandstands along the route that block iconic views like the Bellagio Fountains began later this year, and traffic lane disruptions did not start until early October as opposed to mid-April last time. Organizers of the Las Vegas Grand Prix have responded to complaints that the race was pricing out locals by adding more than 10,000 general admission tickets, while also launching community outreach events.

“We had eight months building a circuit and lining the barricades and all that, and so it was an amazing accomplishment what Liberty Media and the Formula One folks did,” said Steve Hill, CEO of the Las Vegas Convention and Visitors Authority. “But it was tough on the city. It just wears you out after a while, but this year is not last year. We’ve really not heard concern,” he said.

Last year’s race was not quite the sell-out some had predicted, and the Strip was otherwise sleepy during race week. That’s something organizers are also looking to avoid this time around. “None of us were sure what the city was going to look like… and most of the city outside of the race went dark,” Hill said. “But this year we have got a Raiders game and a partnership with the Raiders and the race. On Sunday there is a concert series downtown to complement the race. So the properties have brought entertainment back outside of the circuit area.”

Las Vegas Grand Prix CEO Renee Wilm said the opportunity to crown a champion raises the stakes in a city of high rollers. “That the championship is still up for grabs is incredibly influential, particularly in the U.S. market,” Wilm said. “There’s the legacy fans who are oftentimes more focused maybe on how their team or their driver is performing, whereas in the U.S., we love to see good competition, and it’s less about you know who the particular team or driver is.”

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