Las Vegas Grand Prix Settles Lawsuits over Formula 1-Invoked Losses
The Las Vegas Grand Prix has resolved disputes with three off-Strip businesses that reported heavy financial setbacks linked to the Formula One event in Southern Nevada. Officials confirmed on Tuesday that settlements were reached with Battista's Hole in the Wall restaurant, Stage Door Casino, which shares ownership, and Jay's Market convenience store. Details of the agreements have not been made public.
LISTEN TO THIS ARTICLE:According to court filings, a judge partially dismissed the lawsuit initiated in September of last year by the owners of Battista's and Stage Door last week. The court's decision blocks those businesses from pursuing the same type of claim against race organizers in the future. The original complaint sought more than $50,000 in damages, asserting that months of construction and disruptions ahead of the inaugural 2023 race resulted in multimillion-dollar losses.
Jay's Market, while not a party to the lawsuit, reported comparable losses and was also included in the settlement. The three businesses are situated close to Flamingo Road, Linq Lane, and Koval Lane, next to a segment of the 3.8-mile race circuit. A temporary bridge spanning Flamingo Road, first erected for the 2023 race and later replaced with a smaller version for 2024, was positioned directly in front of their properties.
The partial dismissal of claims by Battista's and Stage Door does not conclude the entire case, as RDG LV LLC, the landlord for both establishments listed in court records, remains a plaintiff. In an updated filing from October 2024, RDG asserted that the presence and future continuation of Formula One events had significantly reduced the market value of its property.
The announcement of the settlement came shortly before the Las Vegas Convention and Visitors Authority approved extending the race for an additional two years. The initial three-year agreement is due to end after the November 2024 event, but the LVCVA board committed $20 million in sponsorship to keep the race in Las Vegas through at least 2027.
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This is not the first legal matter to be resolved between the Las Vegas Grand Prix and local businesses. Earlier in the year, race officials settled with Ellis Island casino, which had also brought legal action over disruptions tied to the event. That case ended with a partnership allowing the property to host a spectator viewing area during race weekends, as it did in 2023.
Organizers have since formed other business partnerships within the race perimeter. In May, a 7-Eleven located north of Grand Prix Plaza on Koval Lane agreed to display a large outdoor screen on its property during race weekend, providing live event coverage for on-site viewers.
Legal challenges have not been confined to business losses. In February, a court ruled partly in favor of race organizers in a class-action case stemming from the 2023 event, when a loose water valve cover halted the first practice session and led to fans being sent home early. The decision limited the claims that could be pursued by affected ticket holders.
These settlements are part of ongoing measures by race organizers to manage disputes with businesses impacted by the event's roadwork, construction, and operational changes. With the newly approved extension, the Formula One race is set to continue as a prominent part of Las Vegas's major event lineup for at least three more years.
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