WWE and F1 return to Las Vegas as LVCVA eyes $7M investment

Las Vegas is set to once again host two of the world’s most-watched live events—WWE’s WrestleMania and Formula One’s Las Vegas Grand Prix—as the Las Vegas Convention and Visitors Authority (LVCVA) prepares to allocate more than $7 million to support and promote both spectacles, according to a report from the Las Vegas Review-Journal.

$6M sponsorship for WrestleMania 42

The LVCVA board of directors is scheduled to review a $6 million sponsorship proposal with WWE to bring WrestleMania 42 to Allegiant Stadium on April 18–19, 2026. This would make Las Vegas the first city since 1989 to host WWE’s signature event in consecutive years.

Earlier this year, the LVCVA backed WrestleMania 41 with a $5 million sponsorship. That two-night event drew a total announced attendance of 124,000 and produced more than 140,000 incremental hotel room nights, based on data from the LVCVA. The event was projected to contribute more than $200 million in economic activity to the region.

WrestleMania 42 had initially been slated for New Orleans, but WWE decided to return to Las Vegas after the success of its 2025 event. According to LVCVA documentation, even before that weekend was over, WWE President Nick Khan was already gauging the potential to return to Sin City in 2026.

The upcoming event will also feature other WWE programming such as Monday Night Raw, SmackDown, NXT Stand & Deliver, WWE World, and the 2026 WWE Hall of Fame ceremony. WWE traditionally conducts community outreach activities around the Las Vegas area during the week of WrestleMania.

$1.25M ticket purchase for Formula One Grand Prix

The LVCVA also plans to allocate $1.25 million for tickets to the 2025 Formula One Las Vegas Grand Prix, which will take place Nov. 20–22 on a 3.8-mile circuit running through parts of Las Vegas Boulevard, Koval Lane, and Harmon and Sands Avenues.

According Las Vegas Review-Journal’s report, the ticket allocation is designed to host and engage with major business clients and destination partners during the event. The report stated that “the Grand Prix presents a key opportunity to bring the LVCVA’s and the destination’s largest current and potential customers to the city to experience the Grand Prix events and learn about the destination’s many business offerings.”

The LVCVA may resell a portion of the tickets to hotel partners and community stakeholders, with reimbursement to follow.

In 2024, the agency spent $1.7 million on Grand Prix tickets, a decline from the $7 million purchase made for the inaugural 2023 race.