LAS VEGAS (KLAS) — The third operating of the F1 Las Vegas Grand Prix is lower than 4 months away, and a few presale tickets have been launched on Tuesday, Aug. 6, to American Categorical card members.
Single-day common admission tickets begin at $140, and common gross sales start on Thursday, Aug. 14. Grandstand tickets for qualifying and the Saturday race are larger, and three-day packages begin at $2,462. For extra, see https://www.f1lasvegasgp.com/tickets/. A particular three-day Lewis Hamilton Vegas Package deal is priced at $1,115.
For Saturday’s race, common admission ranges from $590 to $650, and grandstand seats vary from $760 to $1,375.
The Las Vegas race got here on the scene as F1 recognition skyrocketed on the success of the Netflix collection, “Drive to Survive.” And Las Vegas has continued to seize consideration on the circuit with extra publicity this yr as “F1 The Movie” ascended to turn out to be Apple’s highest-grossing movie.
“For Las Vegas Grand Prix, we are very happy with the progress made so far this year,” Stefano Domenicali, Formulation 1 President and CEO, informed buyers on Thursday’s second-quarter earnings name.
“Our ticket sales are trending ahead of last year, driven by higher sell-through rates. We have agreed to contract extension with all our founding partners and are working to secure long-term procurement contracts to reduce future build-out costs. We and our partners see the incredible value of this race as we continue to bill it for long-term success,” Domenicali mentioned.
The Las Vegas contract was prolonged two years in June, guaranteeing two extra races on the course that runs down the guts of the Strip, across the paddock on Harmon Avenue and down Koval Lane, the place it winds round Sphere and again to the Strip.
Now, Liberty Media, the corporate that owns F1, has closed the deal on MotoGP, the premier world championship of bike highway racing. May Las Vegas be a spotlight as MotoGP expands within the U.S.?
“As of right now, nothing has been communicated to Las Vegas Motor Speedway,” LVMS communications supervisor Jose Guerrero informed 8 Information Now on Thursday. The speedway hasn’t hosted a bike race in a very long time, however the highway course has been used to check bikes.
However Liberty Media is unquestionably planning to make use of its advertising savvy to develop the game.
“We plan to target the U.S. as a key growth market given its limited presence today,” Liberty Media President and CEO Derek Chang mentioned.
F1 is staying within the quick lane, rising its fan base to 52 million folks within the U.S. final yr, a ten% enhance. And the Las Vegas race is a key a part of that development as the corporate makes use of classes it realized right here in fine-tuning its hospitality choices.
“We continue innovating our premium hospitality product including leverage and key learnings from Las Vegas to diversify and enhance this experience,” Domenicali mentioned.
“Less and less are we looking at the stand-alone economics of Las Vegas because as Vegas continues to grow and mature and we continue to work with the partners in that market, you see benefits to the overall ecosystem, some intangible and a lot of them very tangible,” Chang mentioned, saying F1 aspires to earn a return on that funding.
By means of the primary six months of 2025, Liberty Media reported income was up 14% and earnings have been 21% larger. For the second quarter, the Formulation One Group reported $1.3 billion in income and $369 million in earnings, although a few of that enhance was attributable to a busier race schedule this yr.
Executives mentioned a brand new F1 tv deal is progressing, however no particulars have been introduced Thursday.
Domenicali commented on developments in Las Vegas with the F1 Expertise and activations at Grand Prix Plaza.
“The new activation launched to the public in May, capitalize on the F1 brand to promote the site as a premier destination in Las Vegas. The venue has welcomed visitors from 72 different countries since the opening,” he mentioned. “We believe our karting operation is now the second-highest grossing track in the country, exceeding 1,000 riders a day on weekends.”
