P1racenews AI automatic summary:
All US F1 races benefit from “outstanding” Las Vegas GP, says Miami boss
The Las Vegas Grand Prix, despite a rocky start, turned out to be one of the most thrilling races of the 2023 F1 season, dispelling any criticism that had lingered over the event. Miami GP chief Tyler Epp expressed his delight with the success of the Vegas race and its positive impact on both the promoter and F1 as a whole, believing it contributes to the growth of Formula 1 in the US. Epp praised the efforts of the Las Vegas GP CEO and her team for their remarkable achievement in organizing the race on public roads. The event not only provided an exhilarating race but also brought significant economic benefits, with adjacent casinos and hotels experiencing a substantial increase in revenue. According to the Nevada Gaming Control Board, the event helped generate nearly $821 million in gaming revenue for Strip casinos, marking a 22.6% year-on-year increase. The event also resulted in the highest-grossing weekend for hotel revenue in MGM Resorts International’s history.
