The economic impact of the second annual Formula One Las Vegas Grand Prix was less than its first year but still proved to be a major economic boon for the city, an analysis commissioned by F1 said.
According to an after-event report obtained Tuesday by the Las Vegas Review-Journal, the estimated economic impact of the 2024 Las Vegas Grand Prix was $934 million. The report was created by financial consulting firm Applied Analysis. The aggregated amount includes overall visitor spending, investments made by F1 into infrastructure and event operations during 2024.
Grand Prix weekend was the second-best weekend last year in terms of economic benefit, only trailing the Super Bowl’s $1 billion economic impact in February 2024.
