Las Vegas Tourism Agency to Spend $1.7 Million on Formula 1 Tickets
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Las Vegas is betting nearly $2 million on Formula 1 tickets to woo airlines and showcase the city’s high-stakes potential. The gamble comes as demand for the race shows signs of faltering.
The Las Vegas Convention and Visitors Authority plans to spend $1.7 million on Formula 1 Grand Prix tickets for its clients.
The agency wants to use the tickets — for suites at $11,000 each — to showcase Vegas as a destination and provide gifts to clients, said Steve Hill, CEO and president of Las Vegas Convention and Visitors Authority. The race will take place from November 21 to 23.
Among the recipients will be airlines – the Las Vegas Convention an
