Las Vegas: Formula One threatens to block clubs’ race views unless they pay millions in fees, sources say

Monday, July 24, 2023 3:10 PM
  • Josh Kosman, New York Post

Las Vegas hotspots are waving the red flag at Formula One — claiming its executives are threatening to block views of the posh car race unless they fork over millions of dollars in fees, The Post has learned.

The red-hot racing league has demanded that venues along the 3.8-mile circuit — slated to run through the heart of Sin City during November’s Las Vegas Grand Prix — pay $1,500 per head for licensing rights, according to a letter to the venues obtained by The Post.

For a restaurant or club with 1,500 seats, the tab would soar to a whopping $2.25 million — regardless of how many guests can catch views from their roof decks, terraces and dining areas.