After doing gangbuster business in the post-COVID era, Las Vegas is in the midst of a slump, with the number of tourists down sharply as Canadians in particular avoid Sin City amid bilateral bad blood over trade.

The Las Vegas Convention and Visitors Authority approved a multimillion-dollar sponsorship this morning of Formula One’s Strip race for the next two years.

The Las Vegas Grand Prix Plaza is housed in the state-of-the-art Las Vegas Grand Prix Pit Building. This four-story, 300,000-square-foot facility previously served as the garage, pits, and viewing area for the Las Vegas Grand Prix,