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Liberty Media expects rise in Las Vegas GP set up costs
Article To news overview © XPBimages Formula 1 owners Liberty Media expect the upcoming Las Vegas Grand Prix will reach $400 million in set up costs. After signing a contract for the destination US city to host a race for the next ten years, Liberty Media will be footing the bill for the promotion of the event for the first three years. Liberty Media CEO Greg Maffei admitted that the costs of setting up the infrastructure for the race weekend have increased beyond initial projections. "The Las Vegas team is pulling together an event of unprecedented complexity and scale, it will be the largest and our argument will be the most premium sporting event of 2023," he said on a recent...
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2y ago from RacingNews365.com
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