Las Vegas properties around F1 circuit could have views obstructed unless fee is paid
Posted by
JD (aka Jason Dean)
Jul 25 '23, 09:31
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Channel 13 has obtained from a source and an F1 fact sheet, explaining what restaurants or bars with views of the race will have to do to become an official venue for the Las Vegas circuit.
It states a licensing fee will cost the maximum occupancy of the location times $1,500. It gives an example that a location with 30 people would face a licensing fee of $45,000.
For that buy-in, businesses will be able to use Las Vegas circuit marketing material and get support from F1. The fact sheet also states the Las Vegas Grand Prix will use reasonable efforts to maintain "sightedness" from the licensee's venue to the track. Meaning, they will work to keep the view of the race intact for their official venues
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