A bitter legal fight over rights to promote a Formula One race in Las Vegas has been settled, boosting efforts to bring the worldwide racing circuit to the entertainment capital of the world.

The litigation between Formula One and Miami tech entrepreneur Farid Shidfar heated up in April, following the public announcement of the Las Vegas Grand Prix in 2023, after a decades-long absence.

Formula One, its owner Liberty Media Corporation and Shidfar issued a news release late Thursday announcing the agreement with Shidfar’s company P2M Motorsports. The details of the settlement are confidential.