Lakeside at Wynn Las Vegas has this week introduced a unique dry-aged fish program to its extensive seafood menu. The program marks the first of its kind on the Las Vegas Strip.
Ticket Prices Falling for F1 Las Vegas Grand Prix
14.11.2023 - 20:57 / travelpulse.com / Rich Thomaselli
Maybe this inaugural Formula 1 race in Las Vegas isn’t going to be the boon that people thought it was.
According to reports, more than 10,000 tickets at their original price still remain unsold. The race weekend runs between November 16-18, but some festivities around the city have already begun.
Some people, including ticket brokers, are selling race ducats for far less than face value.
Some reports say tickets have fallen between 35-50 percent since they first went on sale last year. Tickets for the practice run, to get used to the course, and for the qualifying races have fallen by as much as 60 percent.
Whether this is a so-called late-arriving crowd or if it causes Las Vegas officials to rethink its strategy about luring tourism with big-time sports – the city now has a National Football League franchise, National Hockey League team, and is in the process of getting the Oakland Athletics Major League Baseball team to relocate – remains to be seen.
Racing analyst Alex Gassman wrote that he found more than 10,000 unsold tickets in one grandstand area alone as of November 8.
“That’s a huge amount for an F1 event,” he wrote, adding that he was unable to collect data for other grandstand areas, but did find a three-day ticket for 45 percent less than the original price. He also wrote that the initial ticket pricing was the highest in F1 history.
Ticket prices should continue to come down, he wrote. There has also been a correlation to lodging prices. According to a survey by casino.org, room rates for this week for some Las Vegas Strip hotels are down as much as 58 percent as when they first began advertising last year.
Officials hoped the F1 race would begin a major tourism increase, fueled by top-notch sporting events.
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