Vegas F1 Grand Prix Projects Only 102K Spectators, Down from 315K in 2023

Vegas F1 Grand Prix Projects Only 102K Spectators, Down from 315K in 2023

By Marcus Bennett

November 21, 2024 at 09:14 PM

Formula 1's Las Vegas Grand Prix attendance figures for 2024 show a significant discrepancy compared to last year's reported numbers, raising questions about the event's actual impact and attendance reporting.

According to F1's Clark County permit application, the 2024 race expects 102,000 spectators across five days (November 20-24). This contrasts sharply with the reported 315,000 attendees over three days in 2023.

Empty yellow stadium grandstand seating

Empty yellow stadium grandstand seating

Ticket prices have seen substantial reductions:

  • West Harmon Grandstand package: from $1,200 to $672
  • Top-tier packages: averaging $2,689 (down from $4,624 in 2023)
  • VIP packages: starting at $1,600 (reduced from $2,000)

Las Vegas permit application document

Las Vegas permit application document

Economic Impact Analysis:

  • Liberty Media claimed $1.7 billion positive impact in 2023
  • Benefits mainly limited to MGM Resorts, Caesars Entertainment, Wynn Resorts, and Venetian
  • Other Strip businesses reported negative impacts
  • Clark County lost $463,000 ($4.4M in staff costs vs. $3.8M tax revenue)

With F1's three-year agreement with Clark County, speculation grows about 2025 potentially being the final year for the Las Vegas Grand Prix, especially given the declining attendance and mixed economic impact.

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