Latest news with #F1LasVegasGrandPrix
Yahoo
28-05-2025
- Business
- Yahoo
Nevada casino win drops statewide and on the Strip as Las Vegas visitor numbers plunge
LAS VEGAS (KLAS) — Casinos are struggling to match last year's pace, and a $1.27 billion statewide win in March is the worst for the month since 2021 when the pandemic was still interfering with tourism. Statewide, the March gaming win was down 1.11% statewide, and 4.78% lower on the Las Vegas Strip, which fuels more than half of Nevada's winnings. Strip casinos won $681.67 million in March, according to figures released Tuesday by the Nevada Gaming Control Board. Nevada won a record $1.46 billion in December, but concerns about the economy have emerged in the months since. LAST MONTH: Nevada casinos retreat from December-January wins, 2024 Super Bowl hype Year-over-year declines prompted speculation that tourism could be in trouble, and visitation numbers released by the Las Vegas Convention and Visitors Authority (LVCVA) on Tuesday reinforced that. An estimated 3,386,800 visitors came to Las Vegas in March, down 7.8% from March 2024. Lower numbers statewide and on the Strip were balanced somewhat by a good month from downtown Las Vegas casinos, which won $85.0 million, up 11.59% compared to last year. Casinos on the Boulder Strip also had a good month at $78.3 million, up 10.23%. A win of more than $1.25 billion used to be impressive, but March's statewide total only ranks around 25th on the all-time list now. The months ahead will bring reminders that the room count in Las Vegas has been going down, with the April 2024 closing and eventual implosion of the Tropicana (1,470 rooms) and the temporary shuttering of more than 3,000 rooms at The Mirage, which is rebranding as a Hard Rock International resort. Another factor: Comparisons to previous years have been tough lately, particularly after Super Bowl LVIII was played in Las Vegas and the F1 Las Vegas Grand Prix launched in November 2023. High rollers at the baccarat tables on the Strip lost more than $73 million in March, but that was 34.27% less than they lost in March 2024. By comparison, baccarat play during the record month of December brought in $197.2 million. RECORD: Nevada casinos beat all-time record in December, all of 2024; Las Vegas Strip posts 2nd-highest win ever For the fiscal year (July 1, 2024-June 30, 2025), Nevada is 1.14% behind last year's pace. Nevada collected $79.3 million in percentage fees so far this month (April 1-26). Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-05-2025
- Automotive
- Yahoo
Lewis Hamilton's F1 transition to Ferrari is a work in progress entering Miami Grand Prix
MIAMI GARDENS, FL — Lewis Hamilton's favorite part about joining Ferrari so far? It's easily the Italian food. "I'm trying to stay off the pizzas and the pasta, which I'm not doing very well with. I was there last week and have like three pizzas in two days,' Hamilton said with a laugh during media day May 1 ahead of the 2025 Miami Grand Prix weekend at Miami International Autodrome. Advertisement Hamilton's performance five races into his Ferrari career after leaving Mercedes, however, has been far from a lighthearted or laughing matter for the seven-time Formula 1 champion. More: F1 Las Vegas Grand Prix will start earlier in 2025. Here's why. While Hamilton won the first Sprint race of the season at the Chinese Grand Prix March 22, he was disqualified from the the main race due to a technical matter. Hamilton started the year with a 10th place finish in Australia. He finished seventh in Japan, fifth in Bahrain, and seventh again in Saudi Arabia. More concerning, Hamilton has placed behind his Ferrari teammate Charles Leclerc in four of the five races, China being the exception, and he's placed behind both Mercedes drivers — George Russell and Kimi Antonelli — in three races this season. Advertisement More: Lando Norris 'appreciates' McLaren teammate Oscar Piastri, feels good about F1 Miami GP It makes you wonder if Hamilton — who has watched Red Bull's Max Verstappen take hold of the sport, winning four consecutive F1 Drivers' Championships after Hamilton's last in 2020 — still has it. Hamilton's elusive eighth title would break a tie with Michael Schumacher for the most all-time in F1. "I try not to really focus on opinions of people that have no insight into actually what is going on – insights from individuals that have never been in my position,' Hamilton said when asked about other's opinions of the state of his career amid his tough start at Ferrari. "So yeah, I just keep my head down and try to continue to enjoy the work that I do with the people I work with." Acclimating to a new car and new team takes time, but Hamilton hopes to make some progress this weekend in Miami after visiting Ferrari's F1 headquarters in Maranello, Italy, last week. Advertisement Still, the pressure is on. He's placed sixth in the previous three Miami races, and it's been nearly a year since his last F1 win. Hamilton stood atop the podium twice last year: He won at his home race, the British Grand Prix at Silverstone on July 7, and he won the Belgium Grand Prix July 28. Hamilton inherited the latter victory after finishing second when his former teammate was disqualified from first place because his car did not meet post-race weight requirements. More: F1 Miami Grand Prix: Oscar Piastri leads 7 drivers to watch ahead of 2025 race The two victories ended a winless drought Hamilton experienced during the 2022 and 2023 F1 seasons. He finished in second place eight times during that span. Advertisement Before then, Hamilton was the sport's best driver after championships in 2008, 2014, 2015, 2017, 2018, 2019 and 2020. 'When I joined Mercedes, the first six months were tough getting attuned to working with new people,' Hamilton said. 'Obviously, the engineers I'm working with now are used to setting up a car for a different driver and a different driving style, and I'm used to driving a car with a different driving style. So, it's a combination of a bunch of different things.' Asked to elaborate more specifically, Hamilton said there are 'many things, lots of different things — there's not one particular.' Is there any way Hamilton and Ferrari can shorten their adjustment to each other to less than the six months it took him when he first joined Mercedes in 2013? Advertisement "We're trying to work as hard as we can to shorten that, but it could be longer,' Hamilton said. 'Who knows?' There's a long season ahead — 16 more races this year — to work out their new relationship, but time isn't on 40-year-old Hamilton's side. 'There are things that we've made adjustments to," he said. "We'll see how they work this weekend." This article originally appeared on USA TODAY: F1 Miami Grand Prix: Lewis Hamilton off to rough start with Ferrari
USA Today
03-05-2025
- Automotive
- USA Today
Lewis Hamilton's F1 transition to Ferrari is a work in progress entering Miami Grand Prix
Lewis Hamilton's F1 transition to Ferrari is a work in progress entering Miami Grand Prix Show Caption Hide Caption 'F1': See new trailer with Brad Pitt ripping around a racetrack Watch the new trailer for "F1," with Brad Pitt ripping around in a very fast Formula 1 car. MIAMI GARDENS, Fla. — Lewis Hamilton's favorite part about joining Ferrari so far? It's easily the Italian food. "I'm trying to stay off the pizzas and the pasta, which I'm not doing very well with. I was there last week and have like three pizzas in two days,' Hamilton said with a laugh during a media day Thursday ahead of the 2025 Miami Grand Prix weekend at Miami International Autodrome. Hamilton's performance five races into his Ferrari career after leaving Mercedes, however, has been far from a lighthearted or laughing matter for the seven-time F1 champion. More: F1 Las Vegas Grand Prix will start earlier in 2025. Here's why. While Hamilton won the first Sprint race of the season at the Chinese Grand Prix March 22, he was disqualified from the the main race due to a technical matter. Hamilton started the year with a 10th place finish in Australia. He finished seventh in Japan, fifth in Bahrain, and seventh again in Saudi Arabia. More concerning, Hamilton has placed behind his Ferrari teammate Charles LeClare in four of the five races, China being the exception, and he's placed behind both Mercedes drivers — George Russell and Kimi Antonelli — in three races this season. More: Lando Norris 'appreciates' McLaren teammate Oscar Piastri, feels good about F1 Miami GP It makes you wonder if Hamilton — who has watched Red Bull's Max Verstappen take hold of the sport, winning four consecutive F1 Drivers' Championships after Hamilton's last in 2020 — still has it. Hamilton's elusive eighth title would break a tie with Michael Schumacher for the most all-time in F1. "I try not to really focus on opinions of people that have no insight into actually what is going on – insights from individuals that have never been in my position,' Hamilton said when asked about other's opinions of the state of his career amid his tough start at Ferrari. "So yeah, I just keep my head down and try to continue to enjoy the work that I do with the people I work with." Acclimating to a new car and new team takes time, but Hamilton ould makes some progress this week in Miami after visiting Ferrari's F1 headquarters in Maranello, Italy last week. Still, the pressure is on. He's placed sixth in the previous three Miami races, and it's been nearly a year since his last F1 win. Hamilton stood atop the podium twice last year: He won at his home race, the British Grand Prix at Silverstone on July 7, and he won the Belgium Grand Prix July 28. Hamilton inherited the latter victory after finishing second when his former teammate was disqualified from first place because his car did not meet post-race weight requirements. More: F1 Miami Grand Prix: Oscar Piastri leads 7 drivers to watch ahead of 2025 race The two victories ended a winless drought Hamilton experienced during the 2022 and 2023 F1 seasons. He finished in second place eight times during that span. Before then, Hamilton was the sport's best driver after championships in 2008, 2014, 2015, 2017, 2018, 2019 and 2020. 'When I joined Mercedes, the first six months were tough getting attuned to working with new people,' Hamilton said. 'Obviously, the engineers I'm working with now are used to setting up a car for a different driver and a different driving style, and I'm used to driving a car with a different driving style. So, it's a combination of a bunch of different things.' Asked to elaborate more specifically, Hamilton said there are 'many things, lots of different things — there's not one particular.' Is there any way Hamilton and Ferrari can shorten their adjustment to each other to less than the six months it took him when he first joined Mercedes in 2013? "We're trying to work as hard as we can to shorten that, but it could be longer,' Hamilton said. 'Who knows?' There's a long season ahead — 16 more races this year — to work out their new relationship, but time isn't on 40-year-old Hamilton's side. 'There are things that we've made adjustments to," he said. "We'll see how they work this weekend."
Yahoo
05-03-2025
- Automotive
- Yahoo
Las Vegas Grand Prix adds $45M to tax base; $15M going toward Nevada schools
LAS VEGAS (KLAS) — The 2024 Las Vegas Grand Prix added $45 million to the tax base in Nevada, with more than $15 million of that set to go to schools, according to an economic impact report. According to a release from the F1 Las Vegas Grand Prix, attendance for race week reached 306,000 people, with 175,000 out-of-town tourists spending on average $2,400 on non-race-related expenditures during their visit to the valley. That number is nearly twice the amount an average Las Vegas visitor spends, according to a report produced by Applied Analysis for Grand Prix officials. Non-race-related expenditures include hotel rooms, food and beverage, local transportation, shopping, gambling, and entertainment. The $2,400 number does not include the cost of race tickets. In all, visitor spending from the event totaled $556 million. The total economic impact of the 2024 race exceeded $934 million. Spending from the 2024 race generated $45 million in tax revenues for state and local governments. The most significant beneficiaries of this revenue were the state general fund, the county's general fund, and the Clark County School District. Schools throughout the state are set to receive $15.5 million of the tax allocation. According to a race debrief following the first Las Vegas Grand Prix, the 2023 race estimated the event had a $1.5 billion economic impact on the area, with $77 million in taxes connected to the three-day event. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
07-02-2025
- Automotive
- Yahoo
F1 vs IMSA: Which event is better to watch live?
Going to a race should be a thrill. Whether you're a die-hard racing fan with a favorite team or a first-time gawker, a race should leave you wanting to return. Not all experiences are the same; for most who attend a race, the first impression is lasting. Having attended both F1 and IMSA races, I found some distinct differences, and you might be surprised at what I discovered. F1 cars are built to go insanely fast and are incredibly nimble. There are 10 teams, with Cadillac set to be the 11th next season. Like all racing, F1 cars are held to strict standards for performance and specifications. For most, an F1 car is the quintessential race car. IMSA has many classes, depending on the series. Its main series, the WeatherTech Sportscar Championship, has four classes: Grand Touring Prototype (GTP), Le Mans Prototype 2 (LMP2), GT Daytona Pro (GTD Pro), and GT Daytona (GTD). Within IMSA, you'll see Mazda MX-5 Miatas, Mustangs, BMWs, Porsche, and many F1 car is nothing like any IMSA vehicle, and the events are also wildly different. If you want to attend the next domestic F1 race, the Formula 1 Miami Grand Prix, tickets start at an eye-watering $975. This earns you an entry to the event and a grandstand seat. That's it, that's the tweet, kids. Almost a grand, and you get an uncomfortable fold-down seat next to some strangers. Cool. Tickets to the IMSA's Firestone Grand Prix at St. Petersburg start at $30. You aren't guaranteed a seat, but you will have grandstand access. If you want a guaranteed seat, single-day prices start at $105 for adults. A three-day pass with a guaranteed seat will run you $135-165. A 3-day pit pass will cost an extra $150. If you balled out for the IMSA race, it would be $315. You could take two friends and still have $30 for a cheeseburger. (Seriously, concession prices are nuts, and cheeseburgers are now $30.)I want to be clear that I'm comparing the F1 Las Vegas Grand Prix to the Rolex 24 Hours at Daytona here. And F1 wins—sort of. The F1 Las Vegas Grand Prix's on-site experience was top-notch. The main fan area had plenty of games, shops, and great food options. Daytona's concessions and on-site shops were good, but it felt more like a carnival than an event. If you're there for a grittier racing experience, IMSA can't be beat, but more on that in a minute. Most fans don't venture into the pits or paddock areas, so when it comes to on-site activities, F1 beats IMSA. Fun fact: At one point late in the race, I found an empty pit area. It had been cleaned out, so I'm guessing a team had to withdraw early and just packed it all in overnight. Since I had a pit pass, I could camp out in the pit and watch the race from there. There were pit stops happening mere feet from my face. It was incredible. Daytona had many spots to watch the race from, and the grandstands were also great. You could see the entire track from the stands. F1 has been lackluster to watch live. In Las Vegas, you get snippets of cars zooming by, and that's about it. Not to mention that seeing the entire track is impossible from one vantage point. Because IMSA allows fans more access, you have a better chance of seeing the race from various places. At Daytona, you can walk through the paddock and on pit row. Just stay out of the way. You won't get that kind of access at an F1 race. Paddocks are heavily restricted, and pit row is off-limits. IMSA races just offer far more access, and it's awesome.F1 Las Vegas, and all domestic F1 races, are full of pomp and circumstance. There are side events to check out, and a lot goes on at the race itself. The venues are typically nicer, too. IMSA races don't have that energy. The race is the star. Sure, you can get a bite to eat, but even the nicest catered event we found on-site paled compared to F1. This comparison is ultimately about racing culture. F1's culture is more European, where access is kept far from fans. IMSA's level of access is far more 'American' and trusts fans to respect teams in the paddock and pit areas. IMSA team principles tell me that some European drivers have difficulty adjusting to the access fans have at IMSA races. They're just not used to it. The restrictions aren't an F1 thing; they're just a European cultural thing regarding racing. Colloquially, I've noticed fans at F1 races are more frustrated by everything being pay-to-play. If you want access, you can get it, but it'll cost you. IMSA may not be as fancy as F1, but its bang for your buck is impossible to beat. Love reading Autoblog? Sign up for our weekly newsletter to get exclusive articles, insider insights, and the latest updates delivered right to your inbox. Click here to sign up now!
