LVGP, Liberty Media to Pay $3.05 Million Over 32,000 Las Vegas GP Tickets

1 articles · Updated · Fox News · Jul 23

A federal judge gave preliminary approval to a $3.05 million settlement for about 32,000 eligible ticket holders affected by the 2023 Las Vegas Grand Prix practice-session disruption.
The class action stemmed from a loose drain cover that Carlos Sainz struck in first practice, damaging his Ferrari and Esteban Ocon's Alpine, forcing a red flag and canceling the session.
Hours-long repairs pushed back the second practice so far that thousands of fans left before it began, prompting claims that LVGP's make-good offers were insufficient.
Individual payouts will depend on ticket type, participation, legal fees and expenses, with final court approval scheduled for November.
The incident also triggered a 10-place grid penalty for Sainz after Ferrari fitted a new engine, even as the Las Vegas race remains on the F1 calendar through 2037.