F1 tries to recover from embarrassing first day of Las Vegas Grand Prix
Formula One is hoping to turn its luck around on the Strip, like so many other Las Vegas visitors who blow a big bankroll soon after they arrive. The elite global motorsports series placed a $500 million gamble on a new event in Sin City promoted for the first time by F1 and owner Liberty Media. It caused extensive damage to his Ferrari — Sainz said it even damaged his seat — and caused F1 to close the course to inspect the entire 3.85-mile (6.2 kilometer) circuit that utilizes a long portion of the Strip.