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RE: LeoThread 2024-11-22 20:47

in LeoFinance3 months ago

Part 4/10:

Construction teams have been tasked with incredible feats, including building an enormous paddock structure, laying down specific racing asphalt, and securing the area with fencing—without disrupting the daily functions of one of the world’s busiest tourist destinations. This undertaking has prompted widespread concern among local residents over loss of access and increased traffic disruptions throughout the process.

Infrastructure and Construction Challenges

To accommodate F1 racing through the heart of Las Vegas, significant infrastructure investments were required. Liberty Media, F1's parent company, decided to front costs estimated at around $500 million for the first year. This decision deviates from the norm, where typically independent organizers would bear this financial burden.