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The Nexus
BUSINESSJul 23 · 00:15 UTCFOX NEWS

Las Vegas Grand Prix, F1 parent company are reportedly set to pay fans millions over 2023 drain cover incident

Formula 1's Las Vegas Grand Prix and its parent company Liberty Media Corp. are set to pay $3.05 million to settle a class action lawsuit over a 2023 incident where a loose drain cover damaged cars during practice, causing session cancellations and fan dissatisfaction. The settlement, pending final approval in November, will distribute funds to approximately 32,000 ticket holders.

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