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Ticket, Hotel Prices Plummet As Las Vegas GP Nears

Nov 10, 2023

The inaugural Las Vegas Grand Prix is still eight days away, but there’s already been a crash — in the race’s market for tickets and hotel rooms.

After the highly anticipated Formula 1 race initially set jaw-dropping ticket and hospitality prices, get-in pricing on the secondary market has fallen by more than a third in the last month, and grandstand seats for the race can now be had for about $1,000.

Even more dramatically, motorsports website Oversteer48.com found about 10,000 unsold tickets in the grandstands constructed at Las Vegas’ Sphere and the course’s East Harmon Zone when analyzing Ticketmaster data.

Source: Front Office Sports

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