The Las Vegas Grand Prix is set to be the most glamorous F1 event of the year. As expected, the tickets were initially priced insanely high. However, they the organizers have decided to drop these prices just a week before the Grand Prix. Even the hotels have dropped their prices to attract more customers.
The cheapest tickets to get entry before the Las Vegas Grand Prix were priced at $385. However, the latest prices have dropped to $162 for the same ticket. This ticket will give the fan access to only the first day of the weekend which will be the 16th of November which comes on a Thursday.
The cheapest tickets for both Thursday and Friday were priced at $825 but have now come down to $312. This is a 62% drop in prices for this ticket. For the tickets for all 3 days, it was originally priced at $1647 but has dropped down to $1087.
Ticket prices for the Las Vegas GP are plummeting 📉
Cheapest Tickets On 10/8
Thursday: $385
Friday: $825
Saturday: $1,645Current Get-In Prices
Thursday: $162 (-58%)
Friday: $312 (-62%)
Saturday: $1,087 (-34%)Hotel prices have dropped 58%, too.
(Ticket prices via @TickPick) pic.twitter.com/UfxbpRK8w8
— Joe Pompliano (@JoePompliano) November 8, 2023
Until now, almost all the F1 races this season have been sold out. F1 is expecting to do the same in Las Vegas as well. Since F1 is planning for it to be the most entertaining Grand Prix, if the tickets are not sold out, it will be a disappointment and will reduce the chances of the Vegas GP from repeating. In a desperate attempt to fill the seats, the Las Vegas GP organizers have decided to drop these prices.
Even the surrounding hotels have dropped their prices by around 58%. There will be fans coming from all over the world to witness the Grand Prix. However, with them already spending thousands of dollars just for the ticket, they might not have much left to book a hotel room. In order to make it more affordable, the hotels have dropped their prices.
Why is the Las Vegas Grand Prix taking place on a Saturday?
As fans, we expect the F1 Grand Prix to take place on a Sunday. However, the Las Vegas Grand Prix is set to take place on a Saturday night. The reason for this is quite simple. Although a major market audience comes from the US, an even bigger number comes from Europe.
If the race was to be held on Sunday night, it would mean that the fans in Europe will have to watch it on Monday morning as they are getting prepared to go to work. This would be a major inconvenience and would decrease viewer ship in Europe and Asia. To make it more convenient, F1 and the organizers have decided to host the race on Saturday night so that viewers in Europe and Asia can watch the race on a pleasant Sunday morning.
The heart of the action: Inside Las Vegas Grand Prix’s $10K VIP spaces → https://t.co/bvoNu7ix5v pic.twitter.com/qhcXEdqSi2
— Las Vegas Review-Journal (@reviewjournal) November 9, 2023
Even the timings of the race have been adjusted for the convenience of the viewers in Europe. The race is scheduled to start at 10:00 PM local time. If it was held earlier, it would be way too early for viewers in the UK.
As the race is expected to be held late at night, the Las Vegas Grand Prix is expected to be the coldest race in F1 history. This could throw a spanner in the works for the drivers as they try to get adjusted to a new track they have never driven around. Since the track has a lot of straights, it will be even more difficult for the drivers to keep the tires warm.
Do you think the Las Vegas Grand Prix will help increase the viewership ratings in the US? Post your answers in the comment section below.