Las Vegas Grand Prix adds $45M to tax base; $15M going toward Nevada schools

Las Vegas GP made $934 million in revenue in '24

Las Vegas Grand Prix organisers have said the 2024 race generated $934 million in revenue.

Las Vegas Grand Prix adds $45M to tax base; $15M going toward Nevada schools

LAS VEGAS (KLAS) -- The 2024 Las Vegas Grand Prix added $45 million to the tax base in Nevada, with more than $15 million of that set to go to schools, according to an economic impact report. According to a release from the F1 Las Vegas Grand Prix, attendance for race week reached 306,000 people, with 175,000 out-of-town tourists spending on average $2,400 on non-race-related expenditures during their visit to the valley. That number is nearly t…

"Disappointing" Las Vegas GP performance prompts ticketing changes for 2025 race

F1 News: 2024 Las Vegas GP added almost $1B in revenue to city

The second annual economic impact report for the Formula 1 Las Vegas Grand Prix has been released and last year’s race added almost $1 billion to the Las Vegas economy. … Read More The post F1 News: 2024 Las Vegas GP added almost $1B in revenue to city appeared first on AutoRacing1.com.