F1 not alarmed about spiralling rising Las Vegas GP costs

The event is the first promoted directly by F1 owner Liberty, and the company has borne the cost of buying the land for the pit and paddock area and creating the permanent buildings that are on it.The costs have risen over the construction period, while other expenses connected to putting on the race have also escalated.An insight into the rising CapEx costs was given by Liberty Media CFO Brian …Keep reading