Joined: Oct 30, 2018
  • Threads: 3
  • Posts: 1186
May 15th, 2022 at 8:11:50 AM permalink
Who buys a piece of land for a 1/4 of a billion dollars for a 1 day event?

F-1 must print money.
Joined: Jun 22, 2011
  • Threads: 110
  • Posts: 5444
May 15th, 2022 at 12:37:25 PM permalink
Quote: ThatDonGuy

Liberty Media, which owns Formula 1, has bought the area where they plan to put the pit stops and finish line for $240 million. I assume this is the area to the north and west of Harmon Apartments.

According to another source, the purchased area is pretty much everything between the Planet Hollywood Hotel and the apartment block; the area north of the apartments, between Flamingo Road and the Virgin Hotel, is not included.
Also, Liberty Media will be one of the race's promoters, which I don't think it does for any of the other races.

  • Jump to: