Public to play minor role at Las Vegas GP
Dec.16 - 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."
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This has to be fake news. LOL LOL LOL
Why would someone downthumb me for laughing at exorbitant prices? Got something to say, spit it out. Don't hide behind a thumb widget. Sheesh.
Liberty Media keep saying it’s all about the fans, It will be a great spectacle I’m sure but you’ve just priced the everyday fan out of going or have reduced the number of tickets to get more money from the Big End of town. In the end it’s all about the money…
Is the car park race at Lost Vagrant being organised by the CCP?
It has their mark of authoritarianism all over it!
Stuff the motor racing fans. Let's have a race for the wankers, pretenders and would-be-if-they-could-be's!
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