The post MGM Partnership Extension Indicates Las Vegas Grand Prix Will Run Through at Least 2030 appeared first on Vegas Slots Online News.
MGM Resorts International has announced that it will be extending its relationship with the Formula 1 Las Vegas Grand Prix through 2030. It will remain as a founding partner and continue to have the winner’s podium in the middle of the Bellagio Fountains. Other roles include hosting premium luxury race viewing opportunities for fans, different types of experiences, and retail offerings across all of its Strip properties.
only having an official agreement to host annual races in the city through 2027
This news comes despite the Las Vegas Grand Prix only having an official agreement to host annual races in the city through 2027, so it appears that F1 isn’t going anywhere any time soon. Talking about the new extension, Las Vegas Grand Prix Inc. President and CEO Emily Prazer said that “MGM Resorts has been instrumental in shaping the identity” of the race.
While the event brought an estimated economic impact of $934m to the region last year, locals dislike the traffic disruption in the lead-up to the action, the cost of tickets, and the disruptions to local businesses.
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