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As always in life, it is the market pulling the price and then on our side is the responsibility to bring a great event.” “There will be possibilities for people who want to pay less, to spend less. “That needs to be recognised and in terms of price positioning, we are going to be on the top side because this is Las Vegas and that is the nature of the customer coming to Las Vegas. We are going to deliver the greatest spectacle in the world as a statement of F1. “Formula One has a certain positioning with regard to the kind of sport it is. Stefano Domenicali, F1 boss, was unrelenting over the prices. Now, on the eve of the race, it’s probably much more. Popular YouTuber Simon Wilson, from the UK, was in Sin City this week and found that any and all vantage points that might give someone a free show were being blocked off completely.Īnd if you have already bought your ticket, we hope that you didn’t get rinsed over your accommodation costs.Ī few months ago, a four-night stay in a Caesars Palace “Augustus Premium Suite” would have set you back over US$63,000 for this weekend - approximately ten times the regular price. But you’d better have paid for your ticket because the city has gone to great lengths to stop freeloaders from watching the action for free. The city is buzzing with excitement right now as we inch closer to the race start on Saturday night local time. The pinnacle of motorsport has always oozed glitz and glamour, just think of the Monaco Grand Prix, but will the bright lights of Las Vegas manage to outshine the tiny principality on the French Riviera? The Formula One circus has arrived in Las Vegas for what is going to be its showpiece event of the year.

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