Liberty Media, the commercial rights owner of Formula 1, and the Las Vegas Grand Prix have agreed to a multimillion-dollar settlement to end a class-action lawsuit over the inaugural 2023 race.They will pay $3,047,986 and individuals who had Thursday-only tickets, or those with three-day tickets, are eligible to receive compensation, whether purchased directly from the defendants or received transferred tickets purchased from the defendants.Those who purchased a ticket directly from the defendants or from Ticketmaster don’t need to file a claim, but otherwise, fans need to submit a claim by August 27, 2026.“We’re pleased this matter has reached a fair resolution for fans and provides a path forward. Our focus remains on the upcoming Formula 1 Heineken Las Vegas Grand Prix 2026 and delivering a world-class experience for our fans,” Las Vegas GP said in a statement to The Athletic. “Individuals seeking additional information should refer directly to the official settlement website or the contact information included in the notice materials.”There are further exceptions to those who may file claim forms, which can be found in the long-form notice of the proposed class settlement.The first practice session of the 2023 Las Vegas Grand Prix came to an end roughly nine minutes into the session, after Carlos Sainz ran over a water valve cover on the straight on Las Vegas Boulevard. It came loose and wrecked the underside of his car. The incident caused the second practice session to be delayed, as race officials checked the other water valve covers around the circuit.After a two-and-a-half-hour delay, FP2 took place in front of empty grandstands. Fans were sent home before the session to avoid a logistical nightmare. Renee Wilm, then-CEO of the race, and F1 CEO Stefano Domenicali said in a joint statement at the time that delay the start of second practice to 2:30 am PT, after originally being scheduled for midnight, “created risks for our employees and our fans.”They closed fan areas an hour before FP2 started and sent everyone home for three reasons.
Las Vegas GP, Liberty Media agree multimillion-dollar settlement over 2023 F1 race
The defendants will pay $3,047,986 after Carlos Sainz' car was damaged and the event was postponed by multiple hours in the inaugural event.











