Formula 1® and Liberty Media Corporation are working together to promote the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX in partnership with the Las Vegas Convention and Visitors Authority, and in collaboration with Clark County. Taking place at night against the iconic Las Vegas backdrop, the track will see drivers reach jaw-dropping speeds of over 210 mph (340 kph) as they race around some of the world’s most iconic landmarks, hotels and casinos on the legendary Las Vegas Strip.
The FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX offers unique benefits to the Las Vegas economy and infrastructure. The development of the racetrack and construction throughout the area has rejuvenated local roads and highways and contributed to economic development in the area through the creation of thousands of jobs. Overall, the Las Vegas Grand Prix is expected to create a $1.28 billion economic impact to the Las Vegas area in year one.
Earlier this year, Formula 1 launched its first-ever sustainability strategy with the ambitious goal of achieving net zero carbon emissions by 2030. The FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX is fully committed to this goal and is constantly exploring innovative ways to reach the net zero target. Read Formula 1’s full sustainability strategy here.
OUR APPROACH TO WATER CONSERVATION
In partnership with the Southern Nevada Water Authority, the Las Vegas Grand Prix has launched a first-of-its-kind water consumption reduction pilot program to implement technologies that can reduce, and eventually offset, outside water consumption at large-scale sporting events. The initiative will be piloted at the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX, using an atmospheric water generator (“AWG”) to capture moisture and convert it into drinkable water.
The Las Vegas Grand Prix aims to be the best possible steward of resources for the community of Las Vegas. The local water supply in the region has been steadily declining in recent years, and as Las Vegas continues to grapple with this issue, sustainable water usage is of utmost importance. With this innovative program, the Las Vegas Grand Prix is setting a new standard for water stewardship and how motorsport events operate throughout the world.
Sustainability is at the core of our mission to reduce the carbon footprint in racing and create a positive environmental impact in Southern Nevada. We are steadfast in our approach to establishing a world-class event that showcases innovation while also accounting for local resource constraints.
As part of the event’s commitment to sustainability, the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX has instilled environmentally conscious practices, including:
Established in 2022, The Las Vegas Grand Prix Foundation serves as the primary vehicle for bringing lasting positive change to Southern Nevada through motorsport. We are committed to pointing our resources toward some of the most pressing challenges facing families and communities in Southern Nevada.
The Las Vegas Grand Prix Foundation brings lasting positive change to the residents of Southern Nevada through the power of motorsport. Having raised nearly $1 million in pre-race contributions for organizations and programs across the state, the Las Vegas Grand Prix and the Las Vegas Grand Prix Foundation are committed to directing resources that directly address some of the most pressing challenges facing local families and communities.
The Las Vegas Grand Prix Foundation contributes to organizations devoted to improving the lives of the residents of Southern Nevada, with a particular focus on alleviating hunger in local communities. The foundation has proudly engaged in partnerships with The Vegas Chamber and UNLV to provide greater business and educational opportunities for Las Vegas residents.
The Las Vegas Grand Prix Foundation is a 501(c)(3) organization.
IN TOTAL PRE-RACE CONTRIBUTIONS TO ORGANIZATIONS & PROGRAMS ACROSS THE STATE
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We are committed to actively engaging small businesses and entrepreneurs based in Southern Nevada. By partnering with The Vegas Chamber, we have the opportunity to actively enage with business leaders and better understand the reach of our year-over-uear economic impact.
As one of the most innovative research institutions in the region, Las Vegas Grand Prix is proud to partner with UNLV on educational experiences and internships for students to explore all aspects of the Las Vegas Grand Prix experience. We will partner with faculty and students from across the university including the business, marketing, hospitality, sports innovation, and engineering programs.
Together with the faculty at the William F. Harrah College of Hospitality, we developed a five-week learning intensive for undergraduate students. Students learned about the highest level of food & beverage service delivery as part of the Las Vegas Grand Prix experience. Our partnership with UNLV will allow us to grow the program so that more students gain exposure to career pathways in F1.” – The Las Vegas Grand Prix, Inc.