Formula 1 Parent Company Reaches $3M Settlement in Las Vegas Grand Prix 2023 Tickets Lawsuit
The settlement covers spectators with practice-only or three-night tickets after the opening-night session was halted and fans were removed from viewing areas.
- Liberty Media agreed to a $3 million settlement to resolve a class-action lawsuit filed by spectators following the inaugural 2023 Formula One Grand Prix in Las Vegas.
- A water valve cover halted the opening-night practice session on Nov. 16, 2023, after nine minutes, severely damaging the Ferrari driven by Carlos Sainz.
- Fans removed from viewing areas during the 90-minute session and those with three-night tickets are eligible for compensation under the settlement. Claims must be filed by Aug. 27.
- Liberty Media and the Las Vegas Grand Prix did not admit fault under the agreement. A final approval hearing is scheduled for Nov. 4 at U.S. District Court of Nevada.
- Formula announced a 10-year extension last month ensuring the race remains on the Las Vegas Strip through at least 2037, despite the $500 million inaugural event's disrupted start.
38 Articles
38 Articles
After the Las Vegas fiasco with Carlos Sainz, fans sued Formula 1 for billions.
The Farce around a defective water shaft at the Grand Prix of Las Vegas almost three years ago is expensive for Formula 1. The owner of the commercial rights of the motorsports-king class, Liberty Media, agreed on a comparison in the amount of around 2.6 million euros. The US company, which also organizes the race in Nevada itself, wants to settle a collective lawsuit by angry spectators, as reported by the US media.About 32,000 fans are talking…
Here you will find information on the topic of "32,000 disappointed fans". Read now "Farce in Las Vegas: A million-dollar comparison with Formula 1".
Formula 1 parent Liberty Media reaches $3M settlement in Las Vegas Grand Prix 2023 tickets lawsuit
The opening-night practice session at the 2023 Grand Prix was halted after nine minutes when Carlos Sainz Jr. drove over a water valve cover and the session did not resume till the wee hours of the next day.
Associated Press News
Formula 1 parent company reaches $3M settlement in Las Vegas Grand Prix 2023 tickets lawsuit
Formula 1 parent company Liberty Media has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators of the 2023 Las Vegas Grand Prix.
Coverage Details
Bias Distribution
- 46% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
