Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB19 leads Charles Leclerc of Monaco driving the (16) Ferrari SF-23 at turn one during the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 18, 2023 in Las Vegas, Nevada. (Photo by Mark Thompson/Getty Images) // Getty Images / Red Bull Content Pool

F1 News: Liberty Media’s Vegas GP slammed for high ticket prices

(GMM) One of the world’s most respected specialist sports publications has slammed the new “affordable” price for a ticket to the Las Vegas GP as “madness”.

The glitzy and controversial race’s CEO Renee Wilm, responding to criticism of the extraordinary prices offered for the inaugural event last year, this week unveiled a “much more affordable” price-point for the limited standing-only general admission area.

“We continuously strive to deliver value and broaden our product ladder to make the Las Vegas GP accessible to more fans, while maintaining exceptional fan experiences,” Wilm said.

The three-day price, however, is an astonishing $1,350 – plus taxes and fees.

“No assigned seat for over a thousand euros?” exclaimed Jacopo Moretti, a journalist for Italy’s authoritative La Gazzetta dello Sport.

“Almost madness, but not in Las Vegas. The good news is that you get free food and drinks,” he added.

Moretti also quoted Ferrari driver Charles Leclerc as admitting his recent concerns that Las Vegas has already become an almost exclusive race for the rich.

“I hope that Formula 1 is thinking about this,” he said. “There are many expensive events now, but true fans of this sport cannot afford to come to the circuit.

“This is a problem that needs to be addressed.”