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☆ Lewis Hamilton hits back at Las Vegas GP critics, saying the race ‘proved them wrong’
▼ + stars: | 2023-11-20 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —After a bumpy start to the weekend, the Las Vegas Grand Prix eventually lived up to much of the pre-race hype. Max Verstappen was initially critical of the spectacle, but later changed his tune to don an Elvis-themed suit. F1 was returning to Las Vegas for the first time in more than 40 years, with the new street circuit featuring the city’s iconic Strip. Celebrities, including Usain Bolt, were out in force in Las Vegas. Lewis Hamilton said the race proved doubters wrong.

Persons: Max Verstappen, Verstappen, Mercedes, Lewis Hamilton, Jared C, Tilton, ”, ” Verstappen, Elvis Presley’s, Usain Bolt, Angela Weiss, Brad Pitt, Rihanna, David Beckham, Shaquille O’Neal, J Balvin, Kylie Minogue, Tiesto, Andrew Benson, ” Benson, “, Mark Thompson, Tom Cary, Cary, Mike Blake, Stefano Domenicali, Renee Wilm Organizations: CNN, Las Vegas, Getty, Sky Sports, Vegas, Las, Bellagio, Reuters, Las Vegas GP Locations: Baku, Las Vegas, Vegas, 200mph, Paris, Monaco

“I think we could have done a much better job communicating, particularly with all the local residents," Wilm told AP. The upside to the community is that F1 and Liberty used part of their funds to fully repave the Strip and circuit used — better roads for everyone once F1 is gone! “We’re very happy to be able to use our event to help support community benefits.”Now, what about the ticket pricing? She wouldn't commit specifically to F1 and Liberty making changes to the pricing structure. “I don't think we could have done the Las Vegas Grand Prix, this type of spectacle, anywhere else in the world,” Wilm said.

Persons: Renee Wilm, Wilm, Liberty, “, wouldn't, ”, ” Wilm, Max Verstappen Organizations: Associated Press, Liberty Media, Liberty, Saturday, Las, United, Las Vegas Locations: Las Vegas, Nevada, United States, East Coast

☆ Motor racing's Las Vegas Grand Prix hit with lawsuit after practice cancelled
▼ + stars: | 2023-11-18 | by ( ) www.cnbc.com time to read: +2 min

Mercedes' British driver George Russell races during the first practice session for the Las Vegas Formula One Grand Prix on November 16, 2023, in Las Vegas, Nevada. The troubled Las Vegas Formula One Grand Prix has been hit with a class action lawsuit after the race's first practice session was canceled when Carlos Sainz's Ferrari was badly damaged by a loose drain cover. The highly-anticipated first action on the neon-lit circuit, which includes a section along the famed Las Vegas Strip, lasted a little over eight minutes on Thursday before coming to a halt. Las Vegas Grand Prix officials attempted damage control, offering $200 merchandise vouchers to single-day ticket holders. The lawsuit named Formula owners and race promoters Liberty Media Corporation, DBA Formula One Heineken Silver Las Vegas Grand Prix and TAB Contractors as defendants.

Persons: Mercedes, George Russell, Carlos Sainz's Ferrari, Steve Dimopoulos, Renee Wilm, Stefano Domenicali Organizations: Las Vegas, Vegas Grand Prix, Firm, JK, Consulting, Formula, Las, Liberty Media Corporation, Heineken, TAB Contractors, Reuters Locations: British, Las Vegas , Nevada, Dimopoulos, Nevada

☆ Las Vegas GP hit with lawsuit after practice cancelled
▼ + stars: | 2023-11-18 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 18, 2023 General view of the Sphere during qualifying REUTERS/Mike Blake Acquire Licensing RightsLAS VEGAS, Nov 18 (Reuters) - The troubled Las Vegas Formula One Grand Prix has been hit with a class action lawsuit on behalf of the 35,000 people who bought tickets for Thursday’s practice session which was cancelled when Carlos Sainz's Ferrari was damaged by a loose drain cover. The highly-anticipated first action on the neon-lit circuit, which includes a section along the famed Las Vegas Strip, lasted a little over eight minutes before coming to a halt. Las Vegas Grand Prix officials attempted damage control, offering $200 merchandise vouchers to single-day ticket holders. The lawsuit named Formula One owners and race promoters Liberty Media Corporation, DBA Formula One Heineken Silver Las Vegas Grand Prix and TAB Contractors Inc as defendants. Reporting by Steve Keating in Las Vegas, Editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Blake, Carlos Sainz's Ferrari, Steve Dimopoulos, Renee Wilm, Stefano Domenicali, Steve Keating, Ed Osmond Organizations: Las Vegas, Las Vegas Strip, REUTERS, LAS VEGAS, Vegas Grand Prix, Firm, JK, Consulting, Formula, Las, Liberty Media Corporation, Heineken, Contractors Inc, Reuters, Thomson Locations: Las Vegas , Nevada, U.S, Dimopoulos, Nevada, Las Vegas

LAS VEGAS (AP) — Formula One is hoping to turn its luck around on the Strip, like so many other Las Vegas visitors who blow a big bankroll soon after they arrive. F1 ran a 90-minute session until 4 a.m. — when the streets had to be returned to the city for morning commuter traffic. A penalty because he ran over a drainage cover on the Las Vegas Strip, something completely out of his control and extremely dangerous considering it penetrated his seat? Because governing body FIA has no mechanism not to penalize a team that makes extensive car changes during a race weekend, Sainz has, of course, been penalized. Las Vegas is the most expensive race to attend to on the 24-event schedule.

Persons: Carlos Sainz Jr, Ferrari — Sainz, Stefano Domenicali, Renee Wilm, “, ”, let’s, ” It's, Sainz, Ferrari, Charles Leclerc, Max Verstappen, Mercedes, Toto Wolff, Williams, James Vowles, Fred Vasseur, I’m, ” Wolff, ___ Organizations: LAS VEGAS, Liberty Media, Las Vegas, Saturday, Las, FIA, F1, Locals, Liberty, Netflix Locations: Sin City, United States, Vegas, Europe, Las Vegas

[1/3] Las Vegas Grand Prix, Inc. CEO Renee Wilm and Terry Miller of Miller Project Management give a tour of the Las Vegas Grand Prix paddock construction site, in Paradise, Nevada, U.S., March 3, 2023. "We think this is going to the biggest sports and entertainment event of the year," Renee Wilm, the CEO of the Las Vegas Grand Prix, told Reuters. "There is no better way for Las Vegas to draw the attention of our international customers than through Formula One," Steve Hill, CEO of Las Vegas Convention and Visitors Authority, told Reuters. JUST THE BEGINNINGAnd the Las Vegas sports bonanza won't stop at the F1 finish line. Reporting by Rory Carroll in Las Vegas Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ F1 sends incendiary letter to FIA after Mohammed Ben Sulayem's 'inflated price tags of $20bn' claim
▼ + stars: | 2023-01-25 | by ( Mark Kleinman | ) www.cnbc.com time to read: +3 min

Formula One bosses have accused FIA president Mohammed Ben Sulayem of "unacceptable" interference in the alleged sale of the sport. He added that a potential buyer of F1 should "come with a clear, sustainable plan — not just a lot of money." The letter, warned the FIA that "Formula 1 has the exclusive right to exploit the commercial rights in the FIA Formula One World Championship" under a 100-year deal. The response to Ben Sulayem's comments comes at a time of heightened tensions between F1 and its governing body. F1 teams question FIA president's position after latest disagreementsAnalysis by Sky Sports News' Craig Slater...

☆ Formula One accuses FIA head of commercial interference
▼ + stars: | 2023-01-24 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

LONDON, Jan 24 (Reuters) - Liberty Media-owned Formula One has accused FIA president Mohammed Ben Sulayem of interfering with its commercial rights by publicly questioning a reported $20 billion valuation of the sport. They also fuel the sense of an emerging turf war between the governing body and a commercial rights holder eager to grow an expanding and increasingly popular championship in new directions. Sky Sports News reported that Formula One's legal head Sacha Woodward Hill and Liberty Media counterpart Renee Wilm had sent a joint letter to the FIA accusing the governing body of exceeding its remit. "The FIA has given unequivocal undertakings that it will not do anything to prejudice the ownership, management and/or exploitation of those rights," Sky quoted Formula One's letter as saying. There was no comment from Formula One and no immediate response from the FIA.

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