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F1 owners spend $240m on Vegas site for pit and paddock

Liberty Media is to pay out $240 million to purchase a plot of land to construct the pit and paddock complex for next year’s inaugural Las Vegas Grand Prix night race. The track layout for the newly announced third US-based F1 race was revealed last month, with most of the race planned to take place on existing city streets including the iconic Strip along which the city's famous casinos are situated. But there had been questions about some aspects, including where the pit and paddock would be located which ion turn determines the placement of the main start-finish straight. Read also: Las Vegas GP glitz puts Monaco under pressure says Brown But on Friday, in an earnings call with...
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