F1 Tries to Recover From Embarrassing First Day of Las Vegas Grand Prix

Red Bull driver Max Verstappen, of the Netherlands, drives during the second practice session for the Formula One Las Vegas Grand Prix auto race in Las Vegas on Nov. 17, 2023. AP Photo/Nick Didlick

Las Vegas—Formula One is hoping to turn its luck around on the Strip, like so many other Las Vegas visitors who blow a big bankroll on arrival.

The elite global motorsports series placed a $500 million gamble on a new event in Sin City promoted for the first time by F1 and owner Liberty Media.