Formula 1 News: Las Vegas GP settles lawsuit over 2023 drain-cover chaos

Formula 1's Las Vegas GP and parent company Liberty Media have agreed to pay over $3 million to settle a class-action lawsuit arising from the chaotic opening night of the inaugural 2023 Las Vegas Grand Prix. A loose water-valve cover damaged multiple cars during first practice, causing a roughly two-and-a-half-hour delay and forcing spectators to leave before the session resumed. The lawsuit had originally sought $5 billion when filed in 2023, with fans holding practice or race tickets potentially eligible for compensation under the settlement.