P1racenews AI automatic summary:
F1 not alarmed about spiralling rising Las Vegas GP costs
The cost of organizing the F1 race in Las Vegas has increased over the construction period, with additional expenses related to the event. Liberty Media, the owner of F1, has purchased the land for the pit and paddock area and constructed permanent buildings on it. The expected cost of the project was initially around $400 million, but expenditures have already reached $435 million by the end of September. Some of the costs incurred are one-time only, such as safety provisions and the opening ceremony. Despite the rising costs, Liberty Media remains confident in the profitability of the event in future years. The potential impact of a strike by Las Vegas hotel workers on the race has also been downplayed.
Forrás: motorsport