Posted on: November 7, 2024, 01:18h. 

Last updated on: November 7, 2024, 01:18h.

The Las Vegas Grand Prix Formula 1 race is fast approaching – practice and qualifying Nov. 21-23, followed by the race that Saturday night.

Going into its second year, the Las Vegas Strip Circuit is a temporary 6.2 kilometer (3.85 mile), 50-lap, 17-turn street track, past iconic locations like Caesars Palace, the Bellagio and the Venetian, a race under the Vegas lights. The first version last year (lap record set by Oscar Piastri, at 1:35.490) wasn’t without its controversies.

Negative Reviews of 2023 Race

Driver Max Verstappen’s frustrations about how the glitz and glamour of Vegas became the show more than the race, despite him winning the event (rival Lewis Hamilton said the opposite, though, and others also countered the Dutchman’s opinions); loose manhole covers (F1 closed the course to inspect the entire circuit, including the long portion that runs along the Las Vegas strip); locals complaining about disruptions caused by the event; astronomical ticket prices; cancelled practice sessions – all made news headlines.

That was last year, though.

Hotel operators are jumping on the excitement as another race approaches, if room rates are any indication.

How Do Room Rates Look?

As of this morning, looking up rooms at hotels on the strip, here’s what we found:

A Julius Deluxe Room at Caesars Palace over the three nights is going for $469 a night, up through the Colosseum Duplex Suite at $21,752 a night. Prices at the Bellagio range from $795 per night for a Premier Two Queen to $1,715 for a Bellagio Suite. At the Venetian, the range is $477 for a Luxury King to $859 for a Luxury Two Queen Race Turn View. At Wynn Las Vegas the range is $1,483 per night for an Encore Resort King to $7,535 for all three nights in an Encore Panoramic View Two Queens to $79,014 for all three nights (Paddock Club Package) in an Encore Tower Suite Salon (2,261 square feet).

Early Betting Favorites

The most expensive ticket price for the three-day weekend, according to the F1 website, is $2,750 for a Heineken Silver Main Grandstand (Start/Finish line) ducat.

Early betting odds this morning: DraftKings has Verstappen as the favorite to win (+185), followed by Lando Norris (+250), Charles Leclerc (+285), Carlos Sainz (+650), Piastri (+1600), then Hamilton (+2200).