“Formula One is in a class all its own,” Gibson said. Jim Gibson, chairman of the elected body with jurisdiction over the Las Vegas Strip, said last week that talks about who pays what will continue after the race. Organizers won a 10-year permit for the race.Īfter road work began in April, race organizers asked Clark County to contribute half of an estimated $80 million in repaving costs.
When the inaugural Formula One Las Vegas grand prix was added to a 24-race worldwide F1 schedule a year ago, tickets and hotel packages costing tens of thousands of dollars per person went on sale. “It’s all barricades and things blocking traffic,” said Charles Flexer, a tourist from Williamsport, Pennsylvania, who tried to decide how to cross Las Vegas Boulevard with his mother using an electric mobility scooter.