P1racenews AI automatic summary:
The pit building at the F1 Las Vegas Grand Prix has been completed, and the cost is absolutely massive.
The Las Vegas Grand Prix, a highly anticipated event in the 2023 F1 calendar, will take place next weekend with a race on Saturday night (local time) and Sunday morning (UK time). Liberty Media, the owners of F1, implemented a new strategy by purchasing land worth $240m and constructing a state-of-the-art pit building at a similar cost, totaling nearly half a billion dollars. This impressive 39-acre site features an F1 logo on its roof and will serve as F1’s US headquarters after the race. Additionally, the 366-feet-tall Sphere, the largest LED screen in the world, was built at a staggering cost of $2.3 billion and will play a significant role during the Grand Prix. Despite its grandeur, the Sphere reported an operating loss of $98.4m in its first fiscal quarter.
Forrás: Crash
