The Truth About F-1 -- "Las Vegas' biggest event in years was a disaster"

https://www.sfgate.com/news/article/vegas-formula-1-disaster-18502043.php

The race was great.  The big hotel/casinos have said they are extremely happy with the event.  The writer is looking for bad news, and we know that no one got a room at Flamingo for $18.

Secondary market ticket prices were still far above face value, and the drop on the secondary market didn't cost F1 a penny.

I'm don't like it when an article is written by someone with an ax to grind. This is so obvious when reading this piece.

I watched a Travel Ruby video on You Tube.  She attended, enjoyed it & the from the video she showed it looked full.  She acknowledged their were problems leading up to it.

With a softer secondary market the casinos probably made less money than anticipated.  The race will probably be back & hopefully FS1 improves on the public relation mess it created.  

Actually, those who are incapable of looking into the situation more deeply may think that the secondary market doesn't affect F1 at all. In reality, however, a substantial percentage--a majority, probably, based on actual attendance at the race--of tickets were purchased with the goal of reselling them on the secondary market. When that market fizzled, the ticket brokers were left holding the bag--a bag full of worthless tickets. They won't make that mistake next year!

Similarly, anyone who paid $2000 for a room where they could hear (but not see) all the zoom zoom and then found out that the same room was going for $49 on the week of the race isn't going to be back. Nor are any of the folks who came and found out that the time to get anywhere had tripled.

The damn fool race didn't get going until after 10 pm and wasn't finished until after 2 am. I wonder how many potential spectators knew that?

Let's be realistic here - for some 90 minutes of briefly glimpsing cars being driven fast, Vegas was disrupted for months. Businesses along the route lost vast sums of revenue throughout the time frame of the building (and now during the removal) of the race track. Traffic jams, road closures, venues made inaccessable and the hardships placed upon employees trying to get to work - and for what? Now, the strip casinos are blowing smoke about how great the event was - bullshit. They lost money and they won't admit it. Expect the revenue numbers to be over inflated, when in reality they took a beating. From the moment this fiasco was announced, the price gouging began. Rooms, food, transportation, everything Vegas offers was priced outrageously. Some people with deep pockets were willing to pay the prices, while a vast majority of Vegas visitors declined to accept the gouging and modified or cancelled their visits. Between now and next years schedule of the return of this fiasco, expect to see mountains of  propaganda about what a great thing this will be. It will be a more streamlined build and some actual thought will be given to the effect on the businesses along the route and their accessability - but they will lose money again as future Vegas visitors will plan not to visit Vegas during that timeframe. If I wanted to see cars go fast, all I need to do is sit in my car on a feeder road next to my local freeway - it would probably be just as entertaining - and a hell of a lot cheaper.

ask the small business owners along Flamingo and the employees they had to lay off how great the event was.

I visited last week after the event.  It took me a half hour to figure out how to navigate traffic to get to Ellis Island.  It's a traffic nightmare and ugly spectacle of construction around the strip zone.  Regardless of how fun and profitable the event might have been for some folks and businesses, I don't believe the casinos and businesses in Las Vegas can honestly view the event as a success from a macroeconomic scale.  If it takes months to set up and take down all this stuff - with the resulting ugly spectacle and traffic problems I dealt with last week - I will never visit again in the fall or winter months.  I think many people share that sentiment and it will hurt visitations.  The strip has always attracted waves of visitors who enjoyed the esthetic experience and people watching.  That's not the experience now.  The obvious big winners are the construction contractors and their employees.  But who else?

      I will never visit Vegas again during this F-1 time period. Why anyone would pay to see brief glimpses of cars being driven is beyond my comprehension. 

Interesting that David does nothing but talk trash about San Franciso. And yet their culture and arts website is his primary go to source for opinion pieces on those subjects.    Hmmmmm.....

  The real interesting thing is that I post actual events and news from  ANY truthful site - which is why I don't post the lies fron CNN, MSNBC and the other liberal lying media rags that you peruse.