Formula 1’s parent company, Liberty Media, has settled a class-action lawsuit stemming from incidents at the 2023 Las Vegas Grand Prix for approximately $3 million. The suit was filed by spectators who were burned during the race's opening night.
The agreement brings an end to one of the more problematic episodes in Formula 1’s expansion into the American market, according to Yahoo Sports. The lawsuit concerned a drain cover that came loose on the track, causing damage to multiple cars and leading to delays. Several spectators were reportedly burned by debris during the incident.
Despite the settlement, neither Liberty Media nor Las Vegas Grand Prix, Inc., is admitting any wrongdoing. They have simply chosen to resolve the legal dispute rather than continue fighting it. The source states, “They’re just done arguing about it.” Nine minutes into the race, Carlos Sainz Jr.’s Ferrari ran over a loose drain cover, causing significant damage and forcing him to retire from the event.
The $3 million will be distributed among those who filed claims as part of the class-action suit. The settlement closes the book on this particular legal challenge for Liberty Media as they continue their efforts to grow Formula 1’s popularity in the United States.
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