News Details

Liberty Media buys land in Las Vegas for F1 track

Formula 1 will return to Las Vegas next November Formula 1’s commercial rights holders have purchased land in Las Vegas that will be used for the pit and paddock complex next November. An all-new business model is set to be used for the Las Vegas Grand Prix with Liberty Media set to self-promote via its Live Nation business. That differs from its usual model which charges promoters a figure somewhere in the region of $60 million to host the event. One of the key challenges facing Liberty Media with putting on the event was how it would house the travelling circus, with suggestions the paddock could be some distance from the pit lane. That issue has now been resolved with confirmation...
Full Story »
3y ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

Liberty in $240m Las Vegas land deal

Liberty Media CEO Greg Maffei reveals that a $240m deal sees F1 buy a plot...
3y ago from Pitpass.com

F1 reveal $240million Las Vegas GP purchase

Liberty Media CEO Greg Maffei has revealed a $240million land purchase in...
3y ago from GPFans.com

F1 owner Liberty Media to purchase Vegas land for $240m

Formula 1’s owners Liberty Media will purchase land for the pit and...
3y ago from Racer.com

Williams engineers wanted to strip entire car of all...

Dave Robson and his team of Williams engineers did ask if they could...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Andretti confirmed to field just three cars for Indy...

Andretti Global has confirmed that the team will only run three cars in...

Toby Sowery joins AJ Foyt Racing in IndyCar reserve...

AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...

Feature: RLL’s split fortunes in Barber highlight...

At the most recent IndyCar race from Barber Motorsports Park, Graham...

Popular On TotalWRC.com

Thierry on top in Croatia

Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...

Popular On GunnersToday.com

Talks ongoing for months as Arsenal look to snap up...

AS Monaco attacker Maghnes Akliouche has been linked with a move away from...
2h ago from CaughtOffside.com

'Didn’t help' - Arsenal star places blame on 'dry...

Arsenal striker Viktor Gyökeres blamed the ‘dry pitch’ at the...
3h ago from SportsKeeda.com

'Big punch in the face' - Mikel Arteta reacts after...

Arsenal coach Mikel Arteta broke his silence after the Gunners' 2-1 loss...
4h ago from SportsKeeda.com

‘A big punch in the face’: Mikel Arteta apologises...

t;li>Arsenal manager says players must show characterIraola hails...
5h ago from TheGuardian.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.