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Stock impact report

F1 bets big on Las Vegas to accelerate US expansion [FT.com - Mergermarket]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Samuel AginiJump to comments sectionPrint this pageReceive free updatesWe’ll send you a Daily DigestThe casinos and hotels of the Strip formed the backdrop for the launch for the Grand Prix © Denise Truscello/Formula 1/Formula 1 via Getty ImagesIt was not long ago that Formula One was still failing to resonate in America — undermining the series’ global aspirations. As if it were not galling enough that the hosted only one Grand Prix a year, spectator attendance at the single Austin event was also unspectacular.But, somehow, all that has changed. Sponsors in the are lining up to partner with F1 and racing teams. Miami held its first Grand Prix this year, and the attendance at Austin has exceeded 400,000 for two years running.So F1’s next big bet is a race on the Strip, next November. Red Bull, Mercedes, Ferrari and the rest of the grid will burn rubber in a Saturday night showdown that is being billed as a collision of the “greatest racing spectacle on the planet” and “the sports Show less Read more
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