Why The Las Vegas Grand Prix Is Formula 1's Biggest Bet Ever
After years stuck in neutral, F1 is finally getting into gear in America, thanks to a high-rolling, 200-m.p.h. gamble in Sin City.
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After years stuck in neutral, F1 is finally getting into gear in America, thanks to a high-rolling, 200-m.p.h. gamble in Sin City.
In mid-October the NFL increased it debt limit for teams to $700 million from $600 million and for a buyer of a team to $1.2 billion from $1,1 billion.
Although Miami and Las Vegas grab the headlines, this weekend’s U.S. Grand Prix will outdraw both races—and it continues to pick up speed.
The record $6.05 billion purchase of the Washington Commanders in July by a group led by Josh Harris—8% more than Forbes’ valuation a year ago and 30% more than the sale price of the Denver Broncos last August—helped boost the average NFL team value 14% over the past year, to $5.1 billion. That mean
The Mercedes-Petronas CEO is riding high despite the fortunes of his team this season.