P1racenews AI automatic summary:
The Las Vegas Grand Prix and Formula 1 are being sued by a local business owner.
Ferraro’s Ristorante, an Italian restaurant near the Las Vegas Strip, is suing the Grand Prix and Formula 1 for millions of dollars in lost revenue, claiming the race has cost them thousands of guests and millions of dollars. The lawsuit alleges that continued F1 races in Las Vegas disrupt local businesses and create financial hardships. The Las Vegas Grand Prix debuted in 2023 along the famous strip and generated significant preparation work. Despite ongoing preparations for the upcoming race in November, the restaurant claims infrastructure projects have hindered their operations. The lawsuit seeks damages for the disruption caused by closing down the Las Vegas Strip but is not aiming to stop the race. Two other local businesses have also filed lawsuits against LVGP, echoing Ferraro’s Ristorante’s concerns. RacingNews365 has contacted F1 for a response to these allegations.
