Las Vegas Transforms into Sports Capital with Formula One Grand Prix Amid Challenges

Late start time, early technical issues, and economic impact on locals spark debate as city expects $1.25 billion windfall

Las Vegas is hosting the Formula One Grand Prix, marking a significant transformation for the city as it becomes a global sports capital. The event is expected to bring in $1.25 billion during race week.
The race has faced early challenges, with the first practice halted due to a loose water valve cover damaging a Ferrari, leading to criticism from team principals.
The event's late start time of 10 p.m. PT, the latest in F1 history, has been criticized by some, including world champion Max Verstappen, but was chosen to accommodate international viewers.
The Las Vegas Grand Prix is part of a broader trend in F1 moving away from traditional European races and into new lucrative markets, leading to concerns about the future of races in countries like Germany.
The event has also sparked discussion about the economic impact on the city and its residents, with concerns about how much of the revenue will reach local workers and businesses.