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The inaugural Formula One Las Vegas Grand Prix will cost $7 million in tickets, according to the Las Vegas Convention and Visitors Authority.
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The possible purchase will be decided upon by the LVCVA Board of Directors on Tuesday during its regularly scheduled meeting.
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The tourism organisation is expected to spend $3.45 million on race and hospitality tickets for present and potential customers.
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The LVCVA's agenda support material stated that the 2023 event offered a once-in-a-lifetime chance to attract the destination's
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And the LVCVA's largest current and potential customers to the city to enjoy the inaugural Las Vegas Grand Prix.
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Moreover, $750,000 worth of tickets for significant destination partners are requested, as per the reports
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The agenda item for the ticket purchase states, "Stakeholders' event experiences and observation are both vital and helpful for the destination
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The experiences of our consumers are likewise impacted by our interactions with these stakeholders.
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The final ticket category consists of $2.8 million worth of tickets that the LVCVA will purchase and resell to properties, partners,
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