“The race garnered significant buzz when it was first announced and as more details came out regarding the track’s layout on the Strip,” Goldberg told CNN, adding that the event isn’t nearing the record-high prices for the March F1 race in Miami. The current “get-in” price dropped about 50% from $385 to $180 for Thursday and on Friday, prices dropped nearly 60% from $825 to $342. Prices for practice on Thursday and qualifying races on Friday have also dropped dramatically. Tickets were priced at roughly $2,000 a year ago for the Las Vegas race.
According to TickPick, they have plunged 35% in the past month for the Saturday race, with the average “get-in” price dropping from $1,645 to $1,060 for grandstand seats. That has translated to falling ticket prices. Ticket and hotel room prices are falling sharply in Las Vegas as the gambling mecca preps to host its first Formula 1 Grand Prix race in four decades next week.Įxcitement has “started to fizzle” in recent weeks with a “big factor” being that driver Max Verstappen already won this year’s championship title in Qatar on October 7, thus dampening enthusiasm among the sport’s fans as it nears the end of the season, according to TickPick CEO Brett Goldberg.
