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P1racenews AI automatic summary:
Las Vegas Grand Prix landmark announces MAJOR LOSS ahead of F1 debut
The newly constructed ‘Sphere’ in Las Vegas, which recently opened, has reported losses of almost $100 million during an earnings call. These losses come just weeks after its grand opening. It is a significant setback for the project and raises concerns about its long-term viability. The ‘Sphere,’ a state-of-the-art entertainment venue, was expected to attract a large number of visitors and generate substantial revenue. However, the significant financial losses indicate that the project may be facing challenges that need to be addressed promptly.
Forrás: GPFans