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07-24-2023 , 05:48 PM
Quote:
Originally Posted by Gzesh
Why should Clark County and taxpayers foot this bill ? It is taxpayer money we are discussing here. I think it's a huge mistake to fund basically a one-off event with taxpayer money. Let these "hot-to-trot" wealthy casinos pay for this if they want it sooooo bad. If they want to market to Euro-trash, that expense can come from their bottom lines. How about as a 50% excise tax on room rates over 3x the rates charged that period year ago ? That could be a nice "public-private" partnership deal.

Fwiw, the government incentives and tax breaks given to Stadium construction, football and baseball, dwarf this boondoggle, but those are real, lasting benefits. (My acquaintance with this topic goes back to a study I worked on promoting the Irwindale Raiders financing .... to secure an upfront payment from that town.) Stadium financing is a long term benefit construction package, this F1 nonsense is a "poof, there goes the money grab"

For the record, the term "Euro-trash" does not apply to everyone from Europe, just the teeming billionaires who come to pick Clark County pockets for their own benefit, and like locus, will move on once this circus ends.

I understand how/why things get done in Clark County. I found your "Every.Single.One" rhetoric amusing; as you laud it as an example of benevolent crony capitalism.
Yeah. Part of the deception they use to sell this stuff is that it's good for our economy. It is true that a cocktail waitress might make a little more money that week and then spend it on sushi or at a bar. However, all the money MGM or Wynn makes will be sucked straight out of the city and into the pockets of shareholders. Hard to believe the waiters and dealers will haul in $74 million+.

Moreover, what is the average person's time worth? $20/hr? OK, no how many hours have people had to spend sitting in traffic because of this stuff? And how much is lost when some place like Tuscany is basically inaccessible? I noticed the 7/11 on Koval decided to just shutter up.

The bottom line, with all these scams, is, if it was such a profitable enterprise, the casinos/F1 would happily fund it themselves. Which they probably would do if it wasn't cheaper to buy off crooked politicians who are happy to rob their constituents blind.
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07-24-2023 , 05:59 PM
Quote:
Originally Posted by SenatorKevin

You'd assume F1 tries to shake down some properties in Monaco as well. I'd assume the Fairmont has to pay something back to the organizers in Monaco for example, right?
I'm pretty sure they do, same for Singapore.

FWIW, the thread of setting up stands seems perfectly fine to me. They're basically saying people have to pay to watch the race anyway, wether it's on the terrace of a business or on a stand.

Since it's a night race they also have a pretty easy way to obstruct the view by using lights.
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07-24-2023 , 07:26 PM
Quote:
Originally Posted by madlex
I'm pretty sure they do, same for Singapore.

FWIW, the thread of setting up stands seems perfectly fine to me. They're basically saying people have to pay to watch the race anyway, wether it's on the terrace of a business or on a stand.

Since it's a night race they also have a pretty easy way to obstruct the view by using lights.
Couple of salient points.

I'm not sure that airlines or the FAA will be comfortable with banks of blinding lights aimed toward the runways or flight paths for landing at Reid Airport.

A timely note to that agency or to Clark County from a few objectors might quash that F1 BS.

Not to mention the damages that could lie against both the County and F1 from businesses whose "customers' views" would be impacted. (Nice of a prospective $10 million deal with The Sphere" and an F1 demand to quantify likely impact on affected businesses)

(I've seen "takings" issues litigated related to the runways and flight paths and that airport in the past. I expect F1 needs to slow their roll on this "rights grab". This is the US, not some fiefdom in Europe; property rights in a "view" likely may not be simply taken or interfered with at the whim of some corporate bullies.

Anyone think the business across the street can shine floodlights into a business's windows "just because" ? Would that active interference constitute a nuisance or trespass ? Remember, the race is running on public streets, not a closed, private course.)

Last edited by Gzesh; 07-24-2023 at 07:54 PM.
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07-24-2023 , 09:08 PM
Quote:
Originally Posted by Gzesh

I'm not sure that airlines or the FAA will be comfortable with banks of blinding lights aimed toward the runways or flight paths for landing at Reid Airport
It's a night race. The whole course is going to look like the brightest Christmas tree you've ever seen. Lights for F1 night races provide 3000 lux. A regular street light is 30 lux, NFL stadiums use 800 lux lights.

They also won't point lights to the sky or do anything else that might obstruct the view from hotel rooms because hotel operators already paid up to 10 million to have their property on the course and let their customers watch from their room windows. They're strictly talking about venues on the course from where people could easily watch the race that are going to charge customers an absurd amount of money anyway.

Also not sure why you feel the need to bring Europe into this, except to demonstrate you have no idea about Formula One. F1 owners are from the US (Liberty Media, also owns the Atlanta Braves and SiriusXM) and among the five night races (Vegas, Singapore, Abu Dhabi, Jeddah, Bahrain) none are in Europe.

FWIW, I just realized one of the quoted tweets above actually mentions light stanchions as one of their threads.
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07-25-2023 , 01:05 AM
Looking forward to it and I don’t even know what this F1 chit is really
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07-25-2023 , 03:35 AM
They are already blocking views with grandstands and blocking views or access to the pedestrian walkways.

I didn't know it was a night race. That's going to make me want to go see it even less.
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07-25-2023 , 06:08 AM
Quote:
Originally Posted by madlex
It's a night race. The whole course is going to look like the brightest Christmas tree you've ever seen. Lights for F1 night races provide 3000 lux. A regular street light is 30 lux, NFL stadiums use 800 lux lights.

They also won't point lights to the sky or do anything else that might obstruct the view from hotel rooms because hotel operators already paid up to 10 million to have their property on the course and let their customers watch from their room windows. They're strictly talking about venues on the course from where people could easily watch the race that are going to charge customers an absurd amount of money anyway.

Also not sure why you feel the need to bring Europe into this, except to demonstrate you have no idea about Formula One. F1 owners are from the US (Liberty Media, also owns the Atlanta Braves and SiriusXM) and among the five night races (Vegas, Singapore, Abu Dhabi, Jeddah, Bahrain) none are in Europe.

FWIW, I just realized one of the quoted tweets above actually mentions light stanchions as one of their threads.
The F1 talk was of blocking views from venues that had not paid "extra" to F1, apart from the tax subsidy the County is paying, such as restaurants, bars, etc. It's really a money grab/taking of visual access that those venues could provide every other day of the year. Whatever the venues may or may not charge or give away is not F1's to refuse access to a view of the county streets. The County paid a lot of money, I don't think it gave away adjacent property owners rights not to have interference imposed from an intrusion of lights from off-property. F1 could build a big wall around the entire race route, except they don't own any property upon which to do so, nor the zoning or eminent domain power that would be required.. My understanding, however imperfect, is of an F1 planto use lights to blind unwanted "views" along the route. Do you know differently ?

Lawyers can and do argue about whether a "view" is a property right, but I understand that F1 plans to block that access from commercial venues that created big windows and views as part of their ongoing businesses. That seems a "taking" to me, although my knowledge of "takings" laws in Nevada is a bit rusty since I I once handled a matter against intrusion by the airport into property rights of an adjacent landowner.

If F1 wanted to hold their event in closed racing venue, they could have done so. That is what F1 is doing in Austin Tx. in October this year. Perhaps they did not like the Las Vegas Motor Speedway venue ? (I also do have "an idea " of what F1 is, and the external costs it can impose. I recall the subsequent bankruptcy involving the Dallas Grand Prix sponsor from the mid-1980s)

As for your concept of hotels preserving visual access from their guest rooms, I think the massive stands to be built might effectively block that, although seats in those stands are sold/given away separately as I understand the marketing. A room likely does not equal a view.

The mention of "Eurotrash" refers to the glitterati traveling swarm demographic from that part of the world catered to by F1. That Liberty owns the F1 and is owned by an American doesn't give F1 a license to interfere from off-property and public streets with an adjacent commercial property owner's rights.

Last edited by Gzesh; 07-25-2023 at 06:38 AM.
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07-25-2023 , 06:26 AM
Quote:
Originally Posted by pig4bill
They are already blocking views with grandstands and blocking views or access to the pedestrian walkways.

I didn't know it was a night race. That's going to make me want to go see it even less.
The adjacent property owners (the hotels) are okay with the grandstands, and you can bet a lot of money they had to sign off on blocking visual access to the Strip from their properties. (You don't think the view of the Strip from hotels is a valuable property right that the hotels rent out to room guests ? . The County would be expected to close or restrict access to pedestrian overpasses for a variety of safety reasons.
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07-25-2023 , 11:45 AM
From today's Review Journal:

F1 is reportedly asking for another $40 million handout from the County , oh, and apparently expects catering of "European style snacks" for race patrons:


"The Grand Prix Experience includes the flight over the race’s 3.8-mile track and the Strip, along with a trip over the Grand Canyon, Hoover Dam, Lake Mead, Bowl of Fire and the Mojave Desert. The $799 flight includes landing 3,500 feet below the Grand Canyon’s rim to enjoy a selection of champagne, beverages and European-style snacks"
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07-25-2023 , 07:58 PM
Quote:
Originally Posted by Gzesh
From today's Review Journal:

F1 is reportedly asking for another $40 million handout from the County , oh, and apparently expects catering of "European style snacks" for race patrons:


"The Grand Prix Experience includes the flight over the race’s 3.8-mile track and the Strip, along with a trip over the Grand Canyon, Hoover Dam, Lake Mead, Bowl of Fire and the Mojave Desert. The $799 flight includes landing 3,500 feet below the Grand Canyon’s rim to enjoy a selection of champagne, beverages and European-style snacks"
Send me the bill on what I owe
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07-26-2023 , 10:32 AM
So, what is motivating the casinos to foist this onto the taxpayers and locals, not to mention Ma and Pa tourist from Kansas ?

The reason can be found in an RJ article posted yesterday, a desire to penetrate new markets abroad .... the list of European countries whose citizens actually come to Las Vegas is surprisingly limited, typically UK, Germany and Netherlands .... that's it

What this race is intended to do is publicize Las Vegas to under-reached population centers among other European countries, including France and the PIGS,( Portugal, Italy, Greece, Spain). Onlty the UK, Germany and the Netherlands send significant visitors to Las Vegas, according to a recent LVRJ article.

In that light, I can see some benefits to the local economy here, but event the County is questioning this most recent request for another $40 million handout that F1 had agreed to self-fund for road work.
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07-26-2023 , 11:39 AM
Quote:
Originally Posted by Gzesh
From today's Review Journal:

F1 is reportedly asking for another $40 million handout from the County , oh, and apparently expects catering of "European style snacks" for race patrons:


"The Grand Prix Experience includes the flight over the race’s 3.8-mile track and the Strip, along with a trip over the Grand Canyon, Hoover Dam, Lake Mead, Bowl of Fire and the Mojave Desert. The $799 flight includes landing 3,500 feet below the Grand Canyon’s rim to enjoy a selection of champagne, beverages and European-style snacks"
"If businesses don’t opt in and pay the fee, F1 officials have reportedly warned that their view could be blocked by race-related setup, such as light stanchions or barricades, according to a New York Post report.

Clark County Commissioner Michael Naft told the Review-Journal that he reached out to “stakeholders” after reading the Post report.

While Naft hadn’t heard any firsthand accounts as of Tuesday morning about what the tabloid reported, he is seeking out further “comprehensive” conversations to learn who is being affected.

The commissioner said that it was important to recognize the race is taking place on a public right of way and that it should be an opportunity for everyone involved to benefit."

https://www.reviewjournal.com/sports...20Prix%20views
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07-26-2023 , 11:41 AM
Quote:
Originally Posted by Gzesh
PIGS
https://en.wikipedia.org/wiki/PIGS_(economics)
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07-31-2023 , 02:04 PM
Quote:
Originally Posted by Gzesh
"If businesses don’t opt in and pay the fee, F1 officials have reportedly warned that their view could be blocked by race-related setup, such as light stanchions or barricades, according to a New York Post report.

Clark County Commissioner Michael Naft told the Review-Journal that he reached out to “stakeholders” after reading the Post report.

While Naft hadn’t heard any firsthand accounts as of Tuesday morning about what the tabloid reported, he is seeking out further “comprehensive” conversations to learn who is being affected.

The commissioner said that it was important to recognize the race is taking place on a public right of way and that it should be an opportunity for everyone involved to benefit."

https://www.reviewjournal.com/sports...20Prix%20views
An excellent article about the Tuscany hotel making lemonade out of F1 lemons.

https://www.reviewjournal.com/entert...in%20with%20F1

My congratulations to Mr. Heers for his resourcefulness as a hotel operator. His is a classic entrepreneur family story of Las Vegas, one apart from the mega-operators who've swallowed up much of the gaming properties. (Many years ago, I represented his uncle Carol, also in the hotel business, at the end of the Strip. It was a very interesting experience and an education on Clark County and gaming culture.)
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07-31-2023 , 02:10 PM
Quote:
Originally Posted by ES2
Yeah. Part of the deception they use to sell this stuff is that it's good for our economy. It is true that a cocktail waitress might make a little more money that week and then spend it on sushi or at a bar. However, all the money MGM or Wynn makes will be sucked straight out of the city and into the pockets of shareholders. Hard to believe the waiters and dealers will haul in $74 million+.

Moreover, what is the average person's time worth? $20/hr? OK, no how many hours have people had to spend sitting in traffic because of this stuff? And how much is lost when some place like Tuscany is basically inaccessible? I noticed the 7/11 on Koval decided to just shutter up.

The bottom line, with all these scams, is, if it was such a profitable enterprise, the casinos/F1 would happily fund it themselves. Which they probably would do if it wasn't cheaper to buy off crooked politicians who are happy to rob their constituents blind.
The Tuscany Hotel , locally owned and operated, is making out very well, see the LVRJ article linked in my post above.
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08-04-2023 , 05:24 PM
Sounds like there was some official confirmation yesterday that the strip closure will be a hard closure from Wednesday - Sunday at all times. All guests and employees must access affected properties via bridges that will be built.

I think most people expected this, but apparently not everyone based on some posts i've seen.

Curious where they'll have employees park given that a lot of employee structures will become inaccessible during this time. (Wynn/Venetian/Paris/Harrahs/Horeshoe etc)
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08-06-2023 , 10:06 PM
You can't get in from the backside, Koval, etc?
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08-07-2023 , 01:12 AM
Quote:
Originally Posted by SenatorKevin
Sounds like there was some official confirmation yesterday that the strip closure will be a hard closure from Wednesday - Sunday at all times. All guests and employees must access affected properties via bridges that will be built.

I think most people expected this, but apparently not everyone based on some posts i've seen.

Curious where they'll have employees park given that a lot of employee structures will become inaccessible during this time. (Wynn/Venetian/Paris/Harrahs/Horeshoe etc)
with the money people are paying to get rooms on the strip, im thinking they have lots to throw around, i wonder if it would be worth the hassle to play poker that weekend.
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08-07-2023 , 05:05 AM
Quote:
Originally Posted by SenatorKevin
Sounds like there was some official confirmation yesterday that the strip closure will be a hard closure from Wednesday - Sunday at all times. All guests and employees must access affected properties via bridges that will be built.

I think most people expected this, but apparently not everyone based on some posts i've seen.

Curious where they'll have employees park given that a lot of employee structures will become inaccessible during this time. (Wynn/Venetian/Paris/Harrahs/Horeshoe etc)
Great.

The idea that this is +EV for the people who live here is so laughable.

"We've crippled the whole city for 9 months, so that we can annually paralyze it for the better part of a week. But good news, Joe strip worker or now homeless Uber driver. The corporations that own the hotels will make a killing off rich, non-tipping Euros! All thanks to your tax dollars."
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08-07-2023 , 08:05 AM
Quote:
Originally Posted by SenatorKevin
Sounds like there was some official confirmation yesterday that the strip closure will be a hard closure from Wednesday - Sunday at all times. All guests and employees must access affected properties via bridges that will be built.
Did some people expect they could walk on the track or through the pits during off-hours?

They'll probably have 1000 security guards protecting the perimeter to make sure no drunk people wander off anywhere they're not supposed to be.

I doubt many regular tourists will be in Vegas that week because of the crazy prices but for everyone not paying for it the F1 experience will most likely be limited to loud noises and an absurd amount of inconveniences.
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08-07-2023 , 11:07 AM
What a mess this will be. Nashville, St. Petersburg and Long Beach all have street races but none of those street tracks surround a large population of workers and guests the way Las Vegas' layout does. I don't think 3 cross-over bridges is enough to allow anywhere close to the normal traffic flow. I haven't read of any street level crossings on Koval that will open at controlled times to allow for workers and vendors to access the surrounded hotels. I know St Petersburg has one where they move a sent of the race barriers out of the way using heavy equipment. It would seem to me that Las Vegas would need a couple of these temp street level crossings.
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08-07-2023 , 11:22 AM
Quote:
Originally Posted by pig4bill
You can't get in from the backside, Koval, etc?
Koval is the race track from Rochelle to the Sphere parking lot and then west on Sands so that cuts off back side access.
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08-07-2023 , 12:31 PM
Quote:
Originally Posted by madlex
Did some people expect they could walk on the track or through the pits during off-hours?

They'll probably have 1000 security guards protecting the perimeter to make sure no drunk people wander off anywhere they're not supposed to be.

I doubt many regular tourists will be in Vegas that week because of the crazy prices but for everyone not paying for it the F1 experience will most likely be limited to loud noises and an absurd amount of inconveniences.
I don't know if this is still the case, but Monaco would open parts of the circuit to limited auto and foot traffic at night.
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08-07-2023 , 01:12 PM
Quote:
Originally Posted by SenatorKevin
I don't know if this is still the case, but Monaco would open parts of the circuit to limited auto and foot traffic at night.
AFAIK that's still the case, roads are only closed during the day. Monaco is very different though in many regards. People can still watch the race for free from the hill (if you get a spot) and it hasn't been that long ago they even started to only let ticketed people do the pit walk. That stuff is going to be VIP-only in Vegas.

There's also going to be ways to access the track by car/foot, just not for regular guests/employees. Not sure how they'll open the roads in Vegas but in Monaco they have those small cranes to move barricades in and out of the way. Looking at the map my best guess would be they open Flamingo & Koval (and/or the Strip) for access at night and potentially also Sands&Koval?
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08-07-2023 , 07:31 PM
Quote:
Originally Posted by madlex
AFAIK that's still the case, roads are only closed during the day. Monaco is very different though in many regards. People can still watch the race for free from the hill (if you get a spot) and it hasn't been that long ago they even started to only let ticketed people do the pit walk. That stuff is going to be VIP-only in Vegas.

There's also going to be ways to access the track by car/foot, just not for regular guests/employees. Not sure how they'll open the roads in Vegas but in Monaco they have those small cranes to move barricades in and out of the way. Looking at the map my best guess would be they open Flamingo & Koval (and/or the Strip) for access at night and potentially also Sands&Koval?
You figure they have to let some service trucks in. Just think about the amount of food that needs be be stocked just between the Venetian and Palazzo alone. They can't have more than 48 hours of food on-site, right?
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