P1racenews AI automatic summary:
The 2023 Las Vegas Grand Prix has smashed financial and viewing records, according to a 113-page report.
The 2023 Las Vegas Grand Prix generated the largest global TV audience in the city’s history, as per a comprehensive report by Clark County agencies. Data from Las Vegas firm Applied Analysis highlighted the Grand Prix’s $884 million economic impact and record $77 million in state and local taxes. Nonetheless, the event led to reduced foot traffic for some casinos and gambling establishments. Challenges included disruptions to locals during the circuit’s nine-month construction, affecting bus routes for 25,000 residents daily. Efforts to address issues for the 2024 race are ongoing, including upgrading manhole covers to prevent delays like those experienced by Carlos Sainz last season. Las Vegas Grand Prix’s COO, Betsy Fretwell, acknowledges the need for enhanced coordination and communication with the county for smoother events in the future.
