Caesars touts F1 Las Vegas Grand Prix VIP package worth US$5M

A screen show Charles Leclerc driving a Ferrari, during a news conference announcing a 2023 Formula One Grand Prix auto race to be held in Las Vegas, on March 30, 2022.

The multimillion dollar experience also grants VIP access to a 4,700-square-foot terrace overlooking the Strip, which will be decked out like a F1 race track. The race in Vegas is expected to be the most expensive sporting event on Formula One's agenda next year. The price starts at $500 for a three-day general admission pass. Those seats were only added after fans complained that hotels planned to purchase massive ticket blocks and repackage them into entertainment experiences ranging from $100,000 to $1 million.F1, owned by U.S.-based Liberty Media, will be a first-time promoter for the Nov.

F1 CEO Stefano Domenicali told The Associated Press then that "in terms of price positioning we are going to be on the top side because this is Las Vegas and that is the nature of the customer coming to Las Vegas."

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If we are really in a 'climate emergency' does it make sense that we continue to promote cars burning high octane fuel driving in a circle?

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