Formula One Las Vegas Grand Prix Resolves Disputes with Local Businesses and Secures Race Extension
The Formula One Las Vegas Grand Prix has reached a resolution with three local small businesses that claimed they suffered financial losses due to the annual race in Southern Nevada. The businesses involved in the settlement are Battista’s Hole in the Wall restaurant, Stage Door Casino, and Jay’s Market convenience store. The lawsuit filed by the owners of Battista’s and Stage Door in September 2024 was partially dismissed last week, preventing a similar claim from being brought to court again against race officials.
The businesses, located off Flamingo Road near Koval Lane, were seeking damages in excess of $50,000, citing financial losses due to the race and the road work leading up to the inaugural 2023 race. The temporary Flamingo bridge, constructed for the races in 2023 and 2024, was situated in front of the trio of businesses. While the lawsuit filed by Battista’s and Stage Door was partially dismissed, RDG LV, LLC, the landlord of the businesses, is still pursuing damages in the case.
The resolution with the small businesses comes ahead of the Las Vegas Convention and Visitors Authority's approval of a two-year extension of the race. The initial three-year deal is set to expire after November’s race, with the LVCVA committing a $20 million sponsorship to extend the race through at least 2027. The settlement with the businesses and the extension of the race signal progress in engaging with the community and ensuring the success of the Formula One Las Vegas Grand Prix.
In addition to the resolution with Battista’s, Stage Door, and Jay’s Market, race officials have also settled disputes with Ellis Island casino and formed a partnership with the off-Strip property to host a spectator zone for the race. A lawsuit previously filed by Ellis Island against the race was dismissed, paving the way for the partnership. Furthermore, a partnership with a 7-Eleven store within the race’s footprint was announced, with the store featuring a screen on their property during race weekend to broadcast a live feed of the action.
The Formula One Las Vegas Grand Prix continues to make strides in engaging with the local community and addressing concerns raised by small businesses affected by the annual race. The resolution with Battista’s, Stage Door, and Jay’s Market, along with partnerships with Ellis Island casino and 7-Eleven, demonstrate a commitment to fostering positive relationships and ensuring the success of the event in the years to come.