Las Vegas, Nev. (FOX5) – The Formula 1 Las Vegas Grand Prix will be held for the first time in November.
Racing through the Las Vegas Strip, it will be an experience the city has never seen before.
Autosport Formula 1 reporter Luke Smith said: “Las Vegas is the sporting capital of the world, the entertainment capital of the world and it’s where F1 wants to be.”
Reaching speeds of 212 mph, the Strip will be the epicenter of international racing at the end of November.
A single-seater sports car, Formula 1 travels to different countries and continents. The sport often builds circuits on closed public roads, such as Las Vegas will have around the Strip later this year.
“American interest seems to be growing,” Smith said. “It’s kind of like, you have to explain to your average American fan what F1 is, ‘oh I watched Drive to Survive or I heard it’s in Las Vegas.’ That kind of knowledge is exactly this is how it is formed.”
Netfilx show ‘Drive to Survive’ gives a behind-the-scenes look at the sport and its personalities. It helped spark popularity in the United States.
The USA will be the only country to host three F1 races in the 2023 season. There will also be stops in Miami and Austin.
American automakers such as Ford and General Motors are also entering the Formula 1 space.
“A lot of American companies want to get into F1 one way or another,” Smith said. “Whether sponsoring someone or starting your own team.”
Clark County has a three-year contract with F1, but county commissioners agreed to road closures to keep the event in November for the next decade.
“My belief is that their commitment to us is as strong as our commitment to them,” Clark Commissioner Jim Gibson told FOX5.
November’s Las Vegas Grand Prix is expected to pour more than $1 billion into the Las Vegas economy, doubling the estimated impact of next year’s Super Bowl in Vegas.
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