Las Vegas tourism officials commit $100 million for Formula One races through 2037

Las Vegas tourism officials are planning to spend $100 million for the sponsorship of the Las Vegas Grand Prix from 2028 to 2037 and allocate nearly a half-million-dollars for tradeshows in London and Spain. The 10-year sponsorship comes to $10 million a year for the Formula One race that debuted on the Strip in Novem…