Las Vegas Formula One race resolves legal and financial claims from nearby businesses

Three off-Strip businesses have reached agreements with Las Vegas Grand Prix organizers after they alleged millions in lost revenue due to the 2023 Formula One race and the associated construction.

Race officials confirmed they “resolved our differences with Battista's Hole in the Wall, Stage Door Casino and Jay's Market,” adding, “We're very pleased with the progress we have made engaging with our community.”

Battista's Hole in the Wall and Stage Door Casino, which share an owner, filed a lawsuit in September 2024 against the Grand Prix and Clark County, seeking damages exceeding $50,000. The businesses argued they lost millions because of the race and months of road work, and that they were not notified that the racing circuit would run alongside their properties on Flamingo Road.

A Clark County District Court filing last week partially dismissed the lawsuit, preventing the two businesses from bringing the same claims against race officials in the future.

RDG LV LLC, the property owner and landlord for Battista's and Stage Door, continues to pursue damages, stating it has been “severely damaged due to the impact of F1 (past and future) on the value of its property.” 

Jay's Market did not file a lawsuit but joined a coalition of businesses affected by the race. Owner Wade Bohn said in October that the store lost $3.5 million in business because of the inaugural 2023 race and was considering legal action.

All three businesses are located near Linq and Koval lanes, within a section of the 3.8-mile street circuit that includes Las Vegas Boulevard, Harmon, and Sands avenues. A temporary Flamingo bridge constructed for the 2023 race and rebuilt in 2024 passes in front of the properties.

The settlements follow previous agreements with other off-Strip establishments. Race officials reached terms with the Ellis Island Casino, which previously sued the event, and formed a partnership to host a spectator zone during race weekends.

The settlement comes ahead of a two-year extension approved by the Las Vegas Convention and Visitors Authority. The LVCVA board approved this week a $20 million sponsorship to maintain the event through at least 2027.

Earlier legal actions also included a class-action suit in February related to a loose water valve during the 2023 race that forced spectators to leave before the first practice session concluded