Formula 1 parent company Liberty Media has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators of the 2023 Las Vegas Grand Prix.

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.

Formula 1 parent company Liberty Media has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators of the 2023 Las Vegas Grand Prix.