DIRS.INFO The most relevant business & tech news

☆ How Liberty Media became one of the world's most valuable sports empires
▼ + stars: | 2024-10-21 | by ( Chris Hawes | ) www.cnbc.com time to read: +4 min

Charles Leclerc of Monaco driving the (16) Ferrari SF-23 on track during practice ahead of the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 17, 2023 in Las Vegas, Nevada. Mark Thompson | Getty Images Sport | Getty ImagesWhen Liberty Media Chairman John Malone finalized the $4.4 billion acquisition of Formula One in 2017, he knew he was onto something. Mark Thompson | Getty Images Sport | Getty ImagesEvening out the field created more exciting story lines, which Netflix seized on. But to crack America, F1 needed a spectacle, and the 2023 Las Vegas Grand Prix would provide it. Mark Thompson | Getty Images Sport | Getty Images

Persons: Charles Leclerc of Monaco, Ferrari, Mark Thompson, John Malone, Fred Vasseur, — Ferrari, Red Bull, Mercedes AMG, Zak Brown, CNBC's, Max Verstappen, Stuart Pringle, Malone, Brown, Stefano Domenicali, Alexander Albon, Williams FW45 Mercedes, Kevin Magnussen, Haas, Autodromo Jose Carlos Pace Organizations: Las Vegas, Circuit, Getty, Liberty Media, Formula, Liberty, Ferrari HP, Constructors, Honda, McLaren Racing, Oracle Red Bull, Prix, Qatar, Lusail, Netflix, Silverstone, CNBC, Dells, Miami, Austin, Vegas, Autodromo Jose Locations: Las Vegas , Nevada, Netherlands, parc ferme, Lusail City, Qatar, U.S, Vegas, Thailand, Denmark, Brazil, Sao Paulo

☆ LVMH and Formula One announce 10-year partnership
▼ + stars: | 2024-10-02 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

The Race winner trophy is seen in a Louis Vuitton trunk on the grid prior to the F1 Grand Prix of Monaco at Circuit de Monaco on May 26, 2024 in Monte-Carlo, Monaco. Liberty Media -owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from the companies Wednesday afternoon. The partnership will officially launch at the start of next F1 season and will include "hospitality, bespoke activations, limited editions and outstanding content." The official arrangement will not be the first time that LVMH and F1 have worked together. F1 worked with one of LVMH's brands during last year's Las Vegas Grand Prix and the team-up was a success, according to Liberty Media president and CEO Greg Maffei.

Persons: Greg Maffei, Maffei, Bernard, Frédéric Organizations: of Monaco, Circuit de Monaco, Carlo, Liberty Media, Las Vegas, Prix Locations: Louis, Monte, Monaco

☆ F1 dispute with Andretti Global draws in U.S. lawmakers
▼ + stars: | 2024-05-24 | by ( Chris Hawes | ) www.cnbc.com time to read: +5 min

Anna Moneymaker | Getty ImagesA dispute over whether to accept American motorsports giant Andretti Global as Formula One's 11th team is reaching boiling point. It's the latest twist in the Andretti saga, which started in October 2023 when the sport's governing body, the FIA, approved the American team's bid to join the grid. Three months later, F1, the sport's commercial arm, quashed the bid, arguing that Andretti wouldn't be competitive in 2025 or 2026. These new entrants would also be obliged to operate out of a region not currently represented by F1 teams. It isn't just in Washington where support for Andretti is growing, explained Andretti.

Persons: Mario Andretti, John James, Anna Moneymaker, Michael, Andretti, Stefano Domenicali, Domenicali, Tim Milne, Lewis Butler, Tim Cook, Red Bull's Max Verstappen Mike Segar, Zac Brown, it's, Fernando Alonso Organizations: Washington , DC, Andretti, Capitol, General Motors, Andretti Global, One's, Miami Grand, Liberty Media, NBC News, FIA, Formula, One, CNBC, Las Vegas, Prix, U.S, F1, United, Reuters Locations: Washington ,, U.S, Las Vegas, Saudi Arabia, United States, Americas, Austin , Texas, Washington, Miami

☆ F1's fanbase is shifting — and the 'Netflix effect' is only part of that
▼ + stars: | 2024-04-30 | by ( Chris Hawes | ) www.cnbc.com time to read: +6 min

Carlos Sainz of Ferrari during second practice ahead of the Formula 1 Las Vegas Grand Prix at Las Vegas Strip Circuit in Las Vegas, United States on November 17, 2023. Proponents of the "Netflix effect" often point to a poll taken in 2022 which found 28% of American adults considered themselves to be F1 fans, with more than half crediting "Drive to Survive." If this were true it would mean there were an incredible 72 million F1 fans in the U.S. alone. This argument runs out of road slightly however, when you consider that only 2 million Americans tuned in to watch the 2023 Miami Grand Prix. Today, F1 fans are estimated to be around 40% female, up from just 8% in 2017, as well as significantly more culturally diverse.

Persons: Carlos Sainz, Ferrari, Jakub Porzycki, Nielsen, it's, Toni Cowan, Brown, Cowan, Zak Brown, McLaren, It's, Buzz Radar, TJ Adeshola, Aston Martin, McLaren Unboxed, Lando Norris, Oscar Piastri, Thaier Organizations: Las Vegas, Nurphoto, Netflix, ESPN, IndyCar, NASCAR, Prix, Miami Grand Prix, CNBC, North, Anp, Getty, YouTube, Liberty Media, Aston, Aston Martin Racing, Buzz, Formula, sudani Locations: Las Vegas, United States, U.S, North America, North American, Nevada, Aston Martin, Australia, Bahrain

THE HAGUE (AP) — Dutch music producer DJ Tiësto has withdrawn from performing at Sunday's Super Bowl due to an undisclosed family matter. “It was a tough decision to miss the game, but family always comes first,” the 55-year-old wrote on X. The Grammy-winning musician was selected as the first ever in-game DJ, slotted to warm up the crowd before kickoff and throughout the game. He previously performed at the 2004 Summer Olympics in Athens and at the Las Vegas Grand Prix. American DJ Ryan Raddon, better known as Kaskade, will replace Tiësto during Sunday’s game.

Persons: DJ Tiësto, Verwest, Singer Usher, Reba McEntire, Tiësto, Annika Backes, ”, Ryan Raddon, Travis Kelce, Taylor Swift, Swift Organizations: HAGUE, San Francisco 49ers, Kansas City Chiefs, Las Vegas, Prix, Chicago, Embassy, Washington , D.C Locations: Las Vegas, New York, Athens, America, Kansas, Tokyo, Washington ,, Nevada

☆ It’s not just Taylor Swift: Record number of private jet flights expected for this year’s Super Bowl
▼ + stars: | 2024-02-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

Story highlights Clark County expects more than 1,000 private jets -- a record -- to fly in for the Super Bowl. New York CNN —No one’s trip to the Super Bowl is getting more attention than Taylor Swift. The Super Bowl typically draws the highest number of US private jet flights of any event during the course of a year, according to WingX, which tracks private jet traffic. So it’s not surprising that the city’s first Super Bowl could be a record breaker for private jet traffic. The impact on climateThe attention to Taylor Swift’s private jet travel plans has brought some attention to the climate change implications of those flights.

Persons: Taylor Swift, she’s, it’s, Harry Reid, They’ll, ”, Joe Rajchel, WingX, Rajchel, “, That’s, Taylor, Richard Koe Organizations: Super, New, New York CNN, Miami, Harry Reid International Airport, Las, Allegiant, Henderson Executive Airport, Federal Aviation Administration, Clark County Department of Aviation, Las Vegas, Prix, FAA, National Football League, Super Bowl, CNN, Jet, International Energy Agency, Institute for Policy Studies, Private Locations: New York, Tokyo, Vegas, Clark, Las Vegas, Phoenix, Boulder City, Hoover, California, Washington

“I'm focused on the work,” Mayorkas said, “that's what brings me to Las Vegas today.”The Homeland secretary shared the reason for a seven-minute timeout that paused the AFC championship game between the Baltimore Ravens and Kansas City Chiefs on Jan 28. “Super Bowl is a no-drone zone.”Karon Ransom, U.S. Secret Service agent in charge in Las Vegas, put the number of federal law enforcement agents in Las Vegas for the Super Bowl and related events at 750. Clark County Sheriff Kevin McMahill issued a familiar call for people who see something to say something and noted that Las Vegas has hosted a series of recent headline-grabbing events: the Formula One Las Vegas Grand Prix in November; a University of Nevada, Las Vegas shooting in December; New Year's Eve fireworks that drew hundreds of thousands of revelers to the Las Vegas Strip. At least 65,000 people are expected at Allegiant Stadium for the Super Bowl, and Las Vegas tourism officials estimate the number of hotel guests and visitors in the area will top 330,000. Displaying a table piled high with fake sports memorabilia including jerseys, T-shirts, caps and a silver replica of the Vince Lombardi Super Bowl trophy, officials said investigators seized nearly $1 million worth of counterfeit merchandise over the weekend.

Persons: Alejandro Mayorkas, Mayorkas, “ I'm, ” Mayorkas, “, Cathy Lanier, Karon Ransom, ” Spencer Evans, Evans, Kevin McMahill, ” McMahill, Harry Reid, Vince Lombardi Organizations: Vegas, —, NFL, ” League, FBI, Secret Service, Homeland, Allegiant, . House, Biden Administration, AFC, Baltimore Ravens, Kansas City Chiefs, T Bank, Authorities, “, Super, Las, Prix, University of Nevada, Las Vegas Metropolitan Police Department, Harry, Harry Reid International, Customs, Border, Transportation Security Administration Locations: U.S, Mexico, Las Vegas, Pennsylvania, Vegas, Clark County

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Mardi Gras just keeps getting bigger and bigger
▼ + stars: | 2024-02-02 | by ( Cork Gaines | ) www.businessinsider.com time to read: +4 min

The economic impact of the 2023 Mardi Gras celebration was $891 million, according to a new study. "The economic impact of Mardi Gras continued to grow as the local and national economy was expanding," Weiss told Business Insider. "You can see that when you see non-locals walking around with Mardi Gras beads in July. Additionally, business conventions that come to the city throughout the year still want the Mardi Gras experience and add to the city's financial boost by putting on mini Mardi Gras events, Weiss said. Additionally, out-of-town visitors are believed to have spent more than $140 million during Mardi Gras, including $84 million on lodging.

Persons: —, Toni L, Weiss, Mardi Gras, ERIKA GOLDRING, Mardi Organizations: Service, Tulane, Mardi, University of New, Las Vegas, Visitors, Gras, Tulane University Locations: New Orleans, Mardi Gras, Mardi, University of New Orleans, Glendale , Arizona

LAS VEGAS (AP) — If Taylor Swift is jetting from her upcoming Tokyo concert to Las Vegas to see boyfriend Travis Kelce play in the Super Bowl the next day, she'd better already have a place to park her plane. “Oh, they’re full,” said Rick Breitenfeldt, FAA spokesman for his sixth Super Bowl. Commercial airlines have added flights and the Las Vegas airport reported Wednesday it handled a record 57.6 million passengers in 2023. Due to time zone differences, if she flies out at midnight, it will be 7 a.m. Saturday in Las Vegas. Hayes said aircraft parking fees during Super Bowl weekend at Harry Reid International were unchanged from the standard rate.

Persons: Taylor Swift, Travis Kelce, she'd, Heidi Hayes, ”, Rick Breitenfeldt, Hayes, Harry Reid, Swift, Breitenfeldt, Brian McCarthy, McCarthy, John Wayne Organizations: LAS VEGAS, Super Bowl, Federal Aviation Administration, Kansas City Chiefs, San Francisco 49ers, NFL, Clark County Department of Aviation, FAA, Super, Las, Las Vegas, Harry Reid International, Henderson, Boulder City Municipal Airport, SWIFT, Dassault Falcon, Vegas, WM Phoenix, National Business Aviation Association, LIV Golf, Las Vegas Country Club, Sunday, That's, Mesquite Municipal, Laughlin, Bullhead, Jean Sport Aviation Center, Ontario International, San Bernardino International, Palm Springs, Palmdale Regional, Los Angeles International, John, John Wayne International, Long, International, Hollywood, Harry, MGM Resorts International Locations: Tokyo, Vegas, Las Vegas, Clark, U.S, North Las Vegas, Boulder, Glendale , Arizona, Phoenix, Saudi, Airports, Mesquite, Nevada, Arizona, California, Santa Ana, Burbank, Las Vegas . Phoenix, Mandalay Bay, Luxor

☆ Getting Bottas naked looks great in this F1 driver's new calendar
▼ + stars: | 2023-12-02 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +2 min

F1 driver Valtteri Bottas is supporting men's health research with his "Bottass" calendar. According to Reuters, after selling more than 10,000 calendars, Bottas raised about $150,000 for the Movember charity. On the last day of Movember, Bottas posted a photo to his Instagram thanking his followers for their support. "I think with men as well, like Movember, focusing on men's health, many people are quite afraid of speaking about those kinds of things," Bottas told Speedcafe. "She doesn't really understand English that well, and she had seen some videos I had posted," he told Speedcafe.

Persons: —, Valtteri Bottas, Bottas, Speedcafe Organizations: Service, Reuters, WE, Las Vegas, Prix Locations: Aspen , Colorado, Asspen , Colorado

☆ Pack your jerseys. The era of 'sports tourism' is here
▼ + stars: | 2023-11-27 | by ( Randy Mulyanto | Marylou Costa | ) www.cnbc.com time to read: +6 min

Sports tourism, as it's called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization. "The sport tourism market will continue as long as new opportunities to play and compete exist," she said. Justin Setterfield | Getty Images Sport | Getty ImagesFor some countries, these events are an opportunity to raise their international standing. Patrick Smith | Getty Images Sport | Getty ImagesTravel + Leisure Co. and Sports Illustrated Resorts announced plans to open a network of sports-themed resorts in American college towns. Ryan Pierse | Getty Images Sport | Getty Images

Persons: Lisa Delpy Neirotti, George, Neirotti, Delpy, Justin Setterfield, Cristiano Ronaldo, Dustin Johnson, Saudi Crown Prince Mohammed bin Salman, Delpy Neirotti, Lewis Hamilton, Kym Illman, Jay Wardle, Narendra Modi, Robert Cianflone, Gianni Infantino, Major League Baseball —, Patrick Smith, GetYourGuide, Ryan Pierse Organizations: Summer, Games, Sports, United Nations World Tourism Organization, George Washington University's, Management, Sport, Padres, NFL, MLB, FIFA, Getty, CNBC Travel, Saudi Crown, Fox News, Adara, ICC Men's Cricket, The Bank of Baroda Economics Research, Narendra, MotoGP, Rugby, Las Vegas, Companies, Major League Baseball, Sports Illustrated Resorts, University of Alabama —, McLaren Technology, U.S ., CNBC, Olympic Games, Olympic Locations: Mexico City, Germany, London, Brisbane, Australia, Saudi Arabia, China, Qatar, Singapore, India, New Zealand, Indonesia, France, United States, Tuscaloosa , Alabama, U.S, New York

☆ Max Verstappen ends record-breaking season with Abu Dhabi Grand Prix win
▼ + stars: | 2023-11-26 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —And so the curtain falls on a Formula One season dominated by Max Verstappen and his Red Bull team, with the Dutchman securing a record-extending 19th victory of the year at the Abu Dhabi Grand Prix. Never before has the sport seen a driver win with such regularity and ease, the three-time world champion again comfortably crossing the finishing line first at the season-ending race at the Yas Marina Circuit. Verstappen led from start to finish to secure his fourth win on the trot in Abu Dhabi. “It was an incredible season,” Verstappen told reporters. At one point, it seemed probable rather than possible that the team would win every race of the season, an outcome that faded away when Ferrari’s Carlos Sainz won the Singapore Grand Prix.

Persons: Max Verstappen, Lewis Hamilton, Michael Schumacher, Verstappen, Ferarri’s Charles Leclerc, Sergio Perez –, ” Verstappen, Ferrari’s Carlos Sainz, Bull Organizations: CNN, Red Bull, Grand Prix, Yas Marina Circuit, Singapore, Prix, Las Vegas Locations: Abu, Grand, Abu Dhabi

☆ How Formula One accidentally helped Las Vegas workers land the 'best contract ever'
▼ + stars: | 2023-11-23 | by ( Sahil Kapur | ) www.cnbc.com time to read: +2 min

Ferrari driver Carlos Sainz of Spain drives past the Sphere during the F1 Las Vegas Grand Prix on Saturday, November 18, 2023 on the Las Vegas Street Circuit in Las Vegas, NV. When Formula One came to Las Vegas, it brought a level of glitz and glamor rivaled only by Monaco. "Las Vegas is now the sporting capital of the world, combined with the entertainment capital of the world. "We think all the largest events in the world belong in Las Vegas. They encouraged Formula One ticket-holders to support workers by avoiding casinos or hotels mired in the labor standoff.

Persons: Carlos Sainz, Ted Pappageorge, weren't Organizations: Vegas, Las Vegas, Circuit, Monaco, Bartenders Union, MGM Resorts, Caesars Entertainment, Wynn Resorts, Culinary Union, Formula, NBC News Locations: Spain, Las Vegas, NV, Sin City, Vegas

☆ Sam Altman was at the F1 race in Las Vegas when he got fired from OpenAI: WSJ
▼ + stars: | 2023-11-22 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Sam Altman found out he was getting fired from OpenAI while he was in Las Vegas, per WSJ. He was at the Las Vegas Grand Prix when he got the news. Altman took the fateful Google Meet call with the board in his hotel room in Las Vegas, per The Journal. Altman's firing as CEO was abruptly announced by OpenAI last Friday, midway through the F1 Las Vegas Grand Prix that took place from November 16 to 18. In its statement on Altman's departure, OpenAI's board said he "was not consistently candid in his communications" with them.

Persons: Sam Altman, Altman, —, OpenAI, Emmett Shear, OpenAI's Organizations: Las Vegas, Prix, Microsoft, Service, Formula, Las, Street, Vegas, OpenAI, Business Insider, Twitch, Bloomberg Locations: OpenAI, Las Vegas, Vegas, Silicon

☆ 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

☆ F1, the NBA and a Super Bowl: Las Vegas Makes Its Play as America’s Sports Capital
▼ + stars: | 2023-11-19 | by ( Joshua Robinson | Jonathan Clegg | ) www.wsj.com time to read: 1 min

LAS VEGAS—In the 48 hours leading up to Saturday night’s Las Vegas Grand Prix, Formula One’s $600 million project here had begun to look like it was skidding off the road. The sport’s world champion left no doubt that he hated it from the moment he landed. A $10 million Ferrari was torn up by a loose drain cover on Thursday’s opening night. And a group representing 35,000 fans was so incensed by the organizers’ decision to send them home during a delay in practice that they filed a lawsuit against Formula One.

Persons: Ferrari Organizations: VEGAS, Las Vegas, Prix, Formula One

☆ From Sin City to Sports Central: How Las Vegas is betting big on a lucrative industry
▼ + stars: | 2023-11-19 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

But for many decades, the NFL and other leagues opposed having sport franchises in Las Vegas, most likely due to the city’s deeply rooted gambling industry. “Vegas fans tend to be sports fans, too, and sports have helped us expand the customer base that are willing to consider Las Vegas,” Hill said. And during the past two years, Las Vegas and other tourist-centric cities have benefitted from consumers’ post-pandemic splurges on experiences and travel versus goods. The Las Vegas Strip can be seen outside the lanai doors at Allegiant Stadium during a game on October 15, 2023, in Las Vegas, Nevada. Ethan Miller/Getty Images/FILEAs the pandemic wore on, construction continued on expanding the Las Vegas Convention Center as well as the Raiders’ Allegiant Stadium, among other projects.

Persons: ”, Andrew Woods, ” Woods, Woods, Roger Goodell —, ” Goodell, John Fisher, Steve Hill, ” Hill, Ethan Miller Organizations: Minneapolis CNN, Athletics, NCAA, NFL Pro Bowls, NBA, MLS, Center for Business, Economic Research, University of Nevada, Sunday’s, Las Vegas, Prix, UNLV’s Lee Business School, NFL, National Hockey League, Oakland Raiders, Major League Baseball, Oakland Athletics, Las Vegas Convention, Visitors Authority, UNLV, “ Entertainment Capital, Sports, Entertainment Capital, Las, Nevada Gaming Control, Getty, Las Vegas Convention Center, Raiders Locations: Minneapolis, Las Vegas, Vegas, Bellagio, Clark County , Nevada, Covid, United States, Las Vegas , Nevada

Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 18, 2023 Red Bull's Max Verstappen leads Ferrari's Charles Leclerc at the start of the race REUTERS/Mike Blake/ File Photo Acquire Licensing RightsLAS VEGAS, Nov 18 (Reuters) - The much-maligned Las Vegas Grand Prix crossed the finish line in style on Saturday night, delivering a dramatic race on the famed Las Vegas Strip to help offset earlier missteps. "And I think for all those who were so negative about the weekend, saying it was all about show blah blah blah, I think Vegas proved them wrong." "There was no better race to be the first race in Vegas," he said. "The energy around the city is incredible and I'm just really, really happy. Reporting by Rory Carroll in Las Vegas; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Max Verstappen, Ferrari's Charles Leclerc, Mike Blake, Verstappen, Christian Horner, Carlos Sainz's Ferrari, Lewis Hamilton, Hamilton, Charles Leclerc, Rory Carroll, William Mallard Organizations: Las Vegas, Las Vegas Strip, LAS VEGAS, Prix, Bull, Reuters, Thomson Locations: Las Vegas , Nevada, U.S, Vegas, Bellagio, Las Vegas

☆ Las Vegas Grand Prix: ‘Viva Las Vegas,’ sings Max Verstappen as he wins thrilling race
▼ + stars: | 2023-11-19 | by ( Aimee Lewis | ) edition.cnn.com time to read: +3 min

Unlike in many of the season’s previous races, however, Verstappen did not cruise to victory. Starting second on the grid, it wasn’t until lap 37 that the Dutchman passed Ferrari’s Charles Leclerc to take the race lead. Verstappen said afterwards that the race was “definitely a lot of fun.”“It was a tough one. I tried to go for it at the start,” he told reporters of his attempt to pass Leclerc at Turn 1. Perez, however, did secure second place in the drivers’ championship to ensure Red Bull will end the season with a one-two in the drivers’ championship for the first time.

Persons: Max Verstappen, Red Bull, Elvis Presley, Verstappen, Mike Blake, Reuters Verstappen, Sebastian Vettel, Michael Schumacher, Lewis Hamilton, Ferrari’s Charles Leclerc, Leclerc, George Russell, ”, ” Leclerc, Sergio Perez, Perez, Red, David Beckham, Jakub Porzycki, Russell, Brad Pitt, Justin Bieber, “, “ I’m Organizations: CNN, Las Vegas, Vegas, Sin City, Prix, Red Bull, Reuters, Mercedes, Hamilton, England Locations: Sin, Vegas, Austin, Miami, Turn

“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

☆ F1 exceeds Las Vegas expectations as Verstappen wins one of the most competitive races of the season
▼ + stars: | 2023-11-19 | by ( ) www.cnbc.com time to read: +6 min

Red Bull driver Max Verstappen, of the Netherlands, drives past the Sphere during the Formula One Las Vegas Grand Prix auto race, Saturday, Nov. 18, 2023, in Las Vegas. Max Verstappen hated everything about the Las Vegas Grand Prix from the moment he arrived in Sin City. "Viva Las Vegas! Viva Las Vegas!" Verstappen had slammed Saturday night's spectacle at every chance, yet raced in an Elvis-inspired firesuit and took the victory on the famed Las Vegas Strip.

Persons: Red, Max Verstappen, Justin Bieber, Verstappen, firesuit, Charles Leclerc, Leclerc, Sergio Perez, Martin Garrix, Brad Pitt, Rihanna, Usain Bolt, Shaquille O'Neal, ", Verstappen —, impersonators, Jacques Villeneuve, Liberty, Carlos Sainz Jr, Lewis Hamilton, Mercedes, Logan Sargeant, Williams, Sainz, Ferrari, Bull, Perez, Red Bull, Hamilton, Abu Dhabi, Lando Norris, McLaren Organizations: Las, Las Vegas, Bellagio, Liberty Media, Liberty, Ferrari Locations: Netherlands, Las Vegas, Sin City, Vegas, Bellagio, United States, Abu

☆ Russell takes the blame for costly Verstappen collision
▼ + stars: | 2023-11-19 | by ( ) 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 Mercedes' George Russell talks to the media after qualifying REUTERS/Finn Blake/ File Photo Acquire Licensing RightsLAS VEGAS, Nov 19 (Reuters) - George Russell accepted the blame for a costly Las Vegas Grand Prix collision that left Mercedes in danger of losing second place overall to Ferrari in the Formula One constructors' championship. Russell was handed a five-second penalty for a lap 25 clash with Red Bull's triple world champion and eventual winner Max Verstappen that demoted the Briton from fourth at the finish to eighth. Ferrari ended up scoring 16 points more than Mercedes and closed the gap to four with just one race remaining in Abu Dhabi next weekend. "Just another massively missed opportunity this weekend," Russell told Sky Sports television. Mercedes team boss Toto Wolff said it was game over once Russell incurred the penalty but remained optimistic for the finale.

Persons: Mercedes, George Russell, Finn Blake, Russell, Max Verstappen, Ferrari, Max, you've, Toto Wolff, Fred Vasseur, Charles Leclerc, Carlos Sainz, Red Bull, Alan Baldwin, Pritha Sarkar Organizations: Las Vegas, Las Vegas Strip, REUTERS, LAS VEGAS, Vegas, Mercedes, Ferrari, Formula, Sky Sports, DRS, Red, Thomson Locations: Las Vegas , Nevada, U.S, Abu Dhabi, Singapore, London

“Viva Las Vegas! Viva Las Vegas!” sang the three-time reigning world champion as he crossed the checkered flag waved by Justin Bieber. Verstappen had slammed the race at every chance, yet raced in an Elvis-inspired fire-suit and took the victory on the famed Las Vegas Strip. A class-action lawsuit was filed Friday against the Las Vegas Grand Prix. Verstappen, Leclerc and Perez were then driven in a limousine to the victory podium.

Persons: — Max Verstappen, Charles Leclerc, ”, Justin Bieber, Verstappen, Verstappen —, impersonators, Jacques Villeneuve, Liberty, Carlos Sainz Jr, Leclerc, Sainz, Ferrari, Bull, Sergio Perez, Perez, Red Bull, “, Leclerc moaned, Lewis Hamilton, ” Verstappen, Mercedes, Abu Dhabi, Lando Norris, McLaren, ___ Organizations: LAS VEGAS, Las Vegas, Liberty Media, Liberty, Ferrari Locations: Vegas, United States, Abu

[1/5] Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 18, 2023 Ferrari's Charles Leclerc celebrates after qualifying in pole position REUTERS/Finn Blake Acquire Licensing RightsSummaryCompanies Ferrari first and second in Las Vegas qualifyingLeclerc on pole but penalty drops Sainz 10 placesVerstappen to start on front row for Red BullWilliams in surprise third row sweep, McLaren struggleLAS VEGAS, Nov 18 (Reuters) - Charles Leclerc put Ferrari on pole position for the inaugural Las Vegas Grand Prix on Saturday with Red Bull's triple Formula One world champion Max Verstappen stepping up to join him on the front row. Leclerc was fastest in all three qualifying phases down the floodlit Strip, with its neon backdrop of landmark hotels and casinos, for his third pole in the last four races. The Monaco driver was still disappointed with his laps, and a pole time of one minute 32.726 seconds only half a tenth faster than Sainz. Red Bull's Sergio Perez, who can clinch second place overall in the championship this weekend, will start 11th as Sainz drops to 12th. Qualifying started at midnight on Friday, making Las Vegas the first grand prix since Japan in 2019 where the pole position was decided on the same day as the race.

Persons: Ferrari's Charles Leclerc, Finn Blake, Ferrari, Leclerc, Verstappen, Red Bull Williams, Charles Leclerc, Max Verstappen, Ferrari's Carlos Sainz, Sainz, George Russell, Pierre Gasly, Williams, Alex Albon, Logan Sargeant, Valtteri Bottas, Alfa Romeo, Kevin Magnussen, Haas, Fernando Alonso, Aston Martin, Mercedes, Lewis Hamilton, Red Bull's Sergio Perez, MCLARENS, McLarens, Britain's Lando Norris, Oscar Piastri, Aston, Lance, Zak Brown, Alpine's Esteban Ocon, Frenchman, Ocon, Alan Baldwin, Kirsten Donovan, Hugh Lawson Organizations: Las Vegas, Las Vegas Strip, Sainz, McLaren, LAS VEGAS, Monaco, Mercedes, Alfa, U.S, Aston, Sky Sports, Verstappen, Thomson Locations: Las Vegas , Nevada, U.S, Sin City, Dutch, Japan, London

Search resuls for: "Vegas Grand Prix"

25 mentions found