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HomeNASCAR NewsThe Las Vegas Grand Prix: Impact and NASCAR's Perspective

The Las Vegas Grand Prix: Impact and NASCAR’s Perspective

The Las Vegas Grand Prix: Formula 1’s push towards global appeal witnessed a remarkable surge in interest during the Las Vegas Grand Prix, indicative of its expanding resonance. Despite grappling with challenges in racing and viewer experience, the event emerged as a monumental financial success. While ticket sales fell short of expectations, the Grand Prix demonstrated a substantial impact on betting, overshadowing the typical numbers, even impacting NASCAR’s sphere.

Max Verstappen, the F1 champion, claimed victory at the Las Vegas GP, yet his discontent throughout the event was palpable. Notably, he attracted substantial bets during the race. Vice president of trading at Caesars Sportsbook, in dialogue with the Las Vegas Review-Journal, likened the Grand Prix’s statistics to Daytona 500, stating, “It was three times Daytona’s numbers.”

Craig Mucklow from Caesars confirmed, “It was well over seven figures.” Chuck Esposito, director at Rock Resort Sportsbook, highlighted the immense attention the F1 race garnered, paralleling the impact of major sports events such as UFC fights or prominent local teams like Aces, Raiders, Knights, Rebels, or even NASCAR.

Despite the Grand Prix overshadowing NASCAR’s event on the betting scene, no animosity arose within the community. From drivers to the president of the Las Vegas Motor Speedway, the NASCAR fraternity expressed elation over the Grand Prix’s success.

Cup Series driver Todd Gilliland’s sentiments, epitomized NASCAR’s perspective on the Grand Prix: “It’s really good for their sport, motorsports in general. And hopefully, we can see a little bit of growth in our own sport because of that. The more motorsports fans in the world, the better for everyone.”

The Las Vegas Grand Prix (2)

Thrilled Cup drivers like Denny Hamlin, Austin Cindric, and Michael McDowell foresee positive impacts the Grand Prix might bring to NASCAR. Hamlin, associated with Joe Gibbs Racing and a co-owner of 23XI Racing, even engaged in conversations with the iconic Lewis Hamilton during the event.

Chris Powell, president of the Las Vegas Motor Speedway, echoed excitement about the Grand Prix’s influence. Though the Speedway has a history of NASCAR races since 1996, Formula 1’s approach took a different route, securing a ten-year deal with the city to run the event on the streets. Powell affirmed, “We want to believe that anything good for motorsports in Las Vegas benefits our Speedway and the city. Hence, we fully support Formula 1’s presence here.”

NASCAR’s persistent efforts to expand beyond conventional boundaries and generations resonate with Formula 1’s newfound interest. Hopefully, officials at Daytona HQ will take cues from F1’s global strides over the past 75 years.

ALSO READ: NASCAR Criticism Grows Over Grand Prix Track Issues in Las Vegas

Our Reader’s Queries

Will there be a Las Vegas Grand Prix 2024?

Discover all the essential details about the upcoming 2024 Las Vegas Grand Prix. This thrilling event will feature 50 laps on the 6.2-kilometre Las Vegas Strip Circuit in Nevada, USA, on Saturday, November 23. Stay ahead of the game by getting up to speed with everything you need to know. From the racecourse to the competitors, we’ve got you covered. Don’t miss out on this exciting event!

How long is the Las Vegas Grand Prix 2023?

The 2023 Las Vegas Grand Prix is set to take place on a 6.201 km (3.853 miles) course, spanning 50 laps and covering a distance of 309.958 km (192.599 miles). The weather forecast predicts clear skies, and an impressive 315,000 attendees are expected to witness the thrilling race.

Will Vegas go back to normal after Formula 1?

Following the conclusion of the Formula 1 event, the Las Vegas Strip has almost returned to its usual state. However, it is anticipated that there will be further closures in the near future.

What celebrities are at the Las Vegas Grand Prix?

Paris Hilton was spotted at the Formula 1 Las Vegas Grand Prix on November 18, 2023, alongside a star-studded guest list. Among the attendees were David Beckham and his sons Brooklyn and Cruz, Lindsey Vonn, Cara Delevingne, Gordon Ramsay and his daughter Holly, and Casey Affleck. The event was a magnet for celebrities, who came out in full force to witness the thrilling race. It was a glamorous affair, with everyone dressed to impress and soaking up the excitement of the day.

Khushal Bhatia
Khushal Bhatia
Khushal Bhatia, a distinguished BA (Hons) English graduate from St. Stephen College (University of Delhi) and a holder of a Post Graduate Diploma in Journalism (English) from IIMC Delhi, is an accomplished journalist. Currently affiliated with, Khushal is an expert in covering a range of sports topics with a specialization in motorsports, particularly NASCAR. His insightful articles explore the nuances of the sporting world, providing readers with comprehensive analysis and the latest updates. With a commitment to unbiased reporting, Khushal's expertise and authoritative voice make him a reliable source for sports enthusiasts.


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