F1 fans may have to spend $100,000 on tickets for Las Vegas GP

Samriddhi Jaiswal | 19/08/2022
F1 fans may have to spend $100,000 on tickets for Las Vegas GP

F1 fans willing to attend the Las Vegas GP weekend next year may have to spend $100,000 on some hotels and race packages.

Las Vegas GP is set to enter the 2023 race calendar as F1 prepares to expand in the United States. The Las Vegas strip will be shut down for the race weekend. It is expected to be one of the most thrilling events of the year.

F1 CEO had even said that the event in Vegas will have four times more impact than the Super Bowl. He described it as a perfect marriage of speed and glamour.

Vegas has a reputation for being a city that attracts wins and huge disposal of cash. Therefore, it is no surprise that the ticket prices for this event are eye-watering as well.

According to PlanetF1, standard ticket prices are yet to be announced. But as per reports, some hotels and race packages could cost up to $100,000.

Hotels around the strip are looking for opportunities to cash in as much business as they can during the Las Vegas GP.

Also Read: F1 acquires $240m worth land for Las Vegas GP

Las Vegas GP would lead to a three-times increase in hotel room prices

Earlier this week, journalist Adam Stern tweeted that MGM Resorts is planning to buy $20-25 million worth of tickets. Using these tickets the hospital company will create hotel and event packages for the thrilling weekend in November 2023.

CEO of MGM Resorts also informed that the prices of the rooms could go up to three times their usual costs. MGM owns several hotels on the Strip including the MGM Grand and Bellagio.

Being one of the priciest hotel suppliers, a one-night November stay already costs $249 at the Grand and $279 at the Bellagio.

Furthermore, the hotels are not the only ones trying to make the most of the upcoming event. F1 itself has bought a $240 Million plot of land. This was done to build hospitality such as the pit and paddock which will be in use all year round.

Also Read: MGM Resorts plans to buy $25 Million worth F1 tickets for inaugural 2023 Las Vegas GP

Post Edited By: Samriddhi Jaiswal
F1 Las Vegas

About the author

Samriddhi Jaiswal

Samriddhi Jaiswal is an F1 editor and writer at The SportsRush. She started her career as a business journalist but soon found her calling in lights out here we go! Samriddhi has been a Ferrari fan even when her interaction with F1 was occasional. Her first real experience with the thrilling sport came when Charles Leclerc clinched his iconic victory in Spa and Monza and painted the track red. Now, a Tifosi, Samriddhi is a hardcore fan of the prancing horse and can relate to the chaos within the Italian camp and also admires Ayrton Senna and Michael Schumacher. Off the track, she finds her home in books and musical instruments.

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