Liberty Media CEO takes accountability and extends heartfelt apology to Las Vegas community

Liberty Media CEO takes accountability and extends heartfelt apology to Las Vegas community

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The work to prepare Las Vegas and the strip has had a severe disruption on the day-to-day lives of ordinary Las Vegas residents and tourists – with Greg Maffei apologising.

Liberty Media CEO Greg Maffei has apologized to the residents of Las Vegas for the disruption caused by the preparation for the Grand Prix. He acknowledged that the ongoing construction work, including resurfacing the Strip and building paddock and pit facilities, has caused delays and diversions for locals and tourists. Maffei also addressed complaints about the removal of trees and obstructed views of the Bellagio fountains due to grandstands, as well as the high prices of tickets and hospitality packages, which can reach millions of dollars. However, Maffei clarified that the high prices are not solely the fault of Formula 1, as costs like hotel minimum stays also contribute. He emphasized the economic benefits the event will bring to Las Vegas and expressed hope that future years will be less disruptive due to construction. Maffei also highlighted the sheer scale of the event, with an expected attendance of 105,000 people over a week of events and musical acts, making it the largest event ever held in Las Vegas.

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Forrás: RacingNews 365

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