‘F1 threatens obstructions and barricades unless Las Vegas hotels pay to view grand prix’

Vegas hotel and casino owners are claiming their views of the circuit will be intentionally blocked by F1, unless they agree to pay massive sums of🐼 money for𝔉 the licence to watch it, report.
The Vegas Grand Prix is set for November 18 and is perhaps the standout date on the 2023 F1 ca꧒lendar.
Venues in Vegas that overlook the circuit will be charged $1,500-per-person - or face 🌌“obstructions like barricades, stands and light stanchions” blocking their views, the report states.
“They are literally shaking people dow꧑n saying they will obstruct views unless they pay them🅠,” an anonymous casino owner was quoted.
“It seems insane t🌌hat they are asking money for a public event that is taking place in the streets.”
A different source was quoted: “There is a real chance of obs♐tructing views with stands and ✤barricades.
“I know the hotels are upset about it 🌺and they are trying to figure out if they’ll play along.”

Mꩲajor Vegas hotspots 🐎like the Venetian and the Wynn are paying between $2m-$10m to be official race sponsors.
F1’s demands are perfectly legal, another source confirmed: “They own the right to the race so it would be hard for a vꦅenue to prove damages.”
Liberty Media, owners of F1, spent $240🦄m on 39 acres of land in Vegas where they have been building a new circuit and paddock area - a different strategy 🌳to usual, where they work with a local promoter of a circuit.
They hope for $500m of revenue from this year’s ra𝔉ce.
A ‘cheap’ꦅ three-day ticket for an F1 fan in Vegas will cost approximately $500, with high-end packages worth $15,000﷽.
F1 will recoup big fees fr൩om the major Vegas casinos and hotels, and big brands, who sponsor the grand prix.

James was a sports journalist at Sky Sports for a decade🔯 covering everything from America🥂n sports, to football, to F1.