đź’¨ Abstract
The Las Vegas Grand Prix has secured a two-year contract extension, keeping the race on the iconic Strip through 2027. The event, added to the F1 schedule in 2023, has faced initial challenges but has proven beneficial for Las Vegas, boosting its weakest commercial period. The 2024 race generated $934 million in revenue and raised $45 million in taxes.
Courtesy: WTOP Staff
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