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The Formula One Las Vegas Grand Prix has reached a settlement with three local small businesses—Battista's Hole in the Wall, Stage Door Casino, and Jay's Market—that had claimed financial losses due to the annual race in Southern Nevada. According to court documents and statements from Las Vegas Grand Prix, Inc., the parties have resolved their differences, with two of the businesses partially dismissing the lawsuit against the event organizers and Liberty Media, the owner of Formula 1. The settlement concludes the legal dispute surrounding the economic impact of the race on these local enterprises.
A lawsuit by local businesses against the Las Vegas Grand Prix and F1 owner Liberty Media has been settled, according to court documents. https://t.co/qBySc6IFou #8NN
Las Vegas Grand Prix, Inc. issued a statement to News 3 saying race leaders "resolved our differences with Battista's Hole in the Wall, Stage Door Casino and Jay's Market. https://t.co/1TWdfYnize
Formula One Las Vegas Grand Prix has settled with three local small businesses who claimed they saw financial losses due to the annual race in Southern Nevada. https://t.co/3SuXgRj3mK
