What Will the F1 Paddock Building Be Used for Between Races?

Recently stayed at Ellis Island and our room looked across at the construction for the race track grandstands. I know the upcoming street Grand Prix is going to go in front of this building, but then what will the building be used for after that? And I guess places like Ellis Island will need to find ways for customers to come in a back way during the races?

When completed in October, this building will become F1’s new U.S. headquarters, currently located in New York.

The $260 million 300,000-square-foot four-story paddock building, where the race will start and end, is being built on the company's 39-acre site at the corner of Koval and Harmon (next to Ellis Island). All told, F1’s parent company, Liberty Media, will have spent upwards of $500 million on the site, including the cost of the land.

It's a long building, 1,000 feet from end to end. The ground floor will house the pit row and 13 garages for the 10 race teams; the extra garages will be used for DJ and party suites and a ground-level view of the race. The second, third, and fourth floors will be occupied by F1 offices. There will also be corporate suites for sponsors and an exclusive viewing area on the roof. Part of the upper floors will boast 360-degree views from wraparound windows; an enormous rooftop LED sign will display the F1 logo. Several grandstands and more luxurious spectator areas will be scattered around the site. But those will be dismantled after race; only the paddock building itself will be permanent.

Our understanding is that Formula 1 doesn't have permanent buildings at its other Grand Prix sites; this one will host a lot of parties, wining and dining, and maximizing of corporate sales opportunities. In other words, a Liberty Media showcase for its global-phenom race.

After the race and all the festivities have ended in mid-November, an “F1 Experience” attraction is planned for the paddock. In addition, events large and small are expected to be sponsored to sustain a buzz year-round for the annual races, contracted for the next 10 years.

At other race venues, F1 conducts guided tours of the "backstage" areas behind the pits. Access is strictly limited to teams, sponsors, media, and employees, but a limited number of access passes are also issued at every race and it's likely that in Vegas, paddock tours will conducted year-round.

And rumors have it that the paddock could host a racing school, race-related conventions, and a restaurant. Other ideas are certainly being considered and tested, but one thing is clear: F1 and its permanent U.S. headquarters will be a very big deal in Las Vegas for a long time to come.

And for the answer to the second question, we addressed that in a QoD a couple of months ago. Read it here.

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Vegas Fan May-30-2023

2nd question

Wasn't answered. Did someone forget? Or is that an implied"no"?

Sandra Ritter May-30-2023

I couldn't care less

If someone paid me $1,000,000 to care less about this event, it wouldn't make a difference since I now couldn't care less. 

And on a different note, commenting on LV News, why does a city want a team that's 11-45 with the worst record in baseball? Will the fan base  here inspire them to win? Will money be pumped into the team and maybe they'll get better players? Am I missing something? I'm a lifelong Cubs and baseball fan, so I KNOW loving and supporting a losing team, but wouldn't you want a better team to come to your city?

Andrew Krum May-30-2023

F1

Will any of the F1 teams use the Las Vegas race track for testing?

Mufasa Thedog May-30-2023

Who Pays?

Who is paying for all of the road work being done on the streets - F1 or the county?

And .... if there are 10 race teams, how many cars are in the race?

Deke Castleman May-30-2023

Vegas Fan

So sorry. Yes, someone forgot to add the line you'll now see at the bottom of today's answer. Thanks for the reminder.

Ray May-30-2023

Sandra

If you "couldn't care less", why did you bother to take the time to comment? Most people who don't care about or relate to a QoD just ignore it. Or is it you just wanted to vent about the baseball team even though it wasn't the subject of the question?

[email protected] May-30-2023

Happiest Folks About F1?

Is the family that owns Ellis Island. I'm curious if the F1 folks offered to purchase that property? Even if they didnt, I would "wager" the Ellis Island "dirt" skyrocketed in value because of F1 and will certainly see a very significant revenue jump during exceeding every other off-strip property. And good for them, they seem to be a great family and have offered the best steak dinner in Las Vegas for over 40 years under $15.

Sandra Ritter May-30-2023

Ray

"Most people who don't care about or relate to a QoD just ignore it." Did you ask Most people what they would do in this case? I highly doubt it. This is just your opinion.  I am so sick and tired of reading about this event, which will also be in Chicago soon. It's been taking up too much space on LVA, in my humble opinion, and I'd much rather be reading about other things. I certainly can't fathom all the changes being made for this event. 

"Or is it you just wanted to vent about the baseball team even though it wasn't the subject of the question?" No, it wasn't. I wish there were a spot to make comment in the LV News area, and I have mentioned that in the past. I'm just wondering why LV wants that team? It's my right to ask. Would like some locals to reply. You may not realize it but it's past time to tell the little woman to shut up.

That Don Guy May-30-2023

re: Mufasa Thedog

Each team is limited to 2 cars. Pretty much every Formula 1 race has 20 cars.

As for who is paying for it, I think they're working that out, although Formula 1 says it may come up with up to $37 million - which is less than half of the projected cost.

That Don Guy May-30-2023

re: Andrew Krum

Do they test at Monaco? How do you possibly do testing on a public street course?

CLIFFORD May-30-2023

WHAT A WASTE

OF MONEY FOR THE LV TAX PAYERS.  AND, THIS STUPID RACE WILL BE AN ANNUAL EVENT.  YES, SANDRA - YOU ARE RIGHT-ON ABOUT TAX PAYERS PAYING FOR A LOUSY BASEBALL TEAM.  THE A'S SHOULD JUST GO PUFF AND DISAPPEAR.  GO CUBS AND TIGERS!

Question of the Day - 30 May 2023

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