F1 Las Vegas Grand Prix unrest among local businesses shows dark underbelly of sports boom town

Saturday, January 13, 2024 12:11 PM
  • Eric Fisher, Front Office Sports

It’s now been nearly two months since the Las Vegas Grand Prix. But local unrest is still palpable as the fallout from the much-debated Formula 1 event continues.

After months of traffic headaches, construction hassles, and a crashing ticket market, the race itself defied expectations and was ultimately a solid success on TV. But a group of local small businesses wants to recoup millions of dollars alleged to have been lost because of the race.

A group of nine businesses asked the Las Vegas Convention and Visitors Authority for the establishment of a recovery fund to reimburse for lost revenues from the November race.