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That investment was included in one-time costs Greg Maffei, president and CEO of Liberty, highlighted when Ben Swinburne of Morgan Stanley asked on the earnings call “are you guys still expecting this sort of approaching $500 million of revenue?” This race has had almost two years of hype this is F1’s baby, backed by Liberty, which spent $240 million to purchase property at the end of the Strip for construction of the paddock area and a permanent pit building.

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The Caesars Palace Grand Prix ran in 19 on another mocked course, that time because it utilized a huge chunk of parking lot. There are fresh concerns as to how casino employees will get to work once the Strip is closed so Max Verstappen can win another race in a season where he long ago clinched the championship.

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F1 eventually relaxed its fees, but not before reportedly threatening to erect structures that would block the views. There were early reports that F1 was demanding exorbitant licensing fees from any business that had a view of the track.

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