Formula 1 parent company reaches $3M settlement in Las Vegas Grand Prix 2023 tickets lawsuit

Formula 1's parent company has reached a $3 million settlement in a lawsuit related to the inaugural 2023 Las Vegas Grand Prix. The legal action stemmed from an incident where a crash before the first practice session caused fans to be removed from viewing areas before the 90-minute session took place. The settlement resolves claims from ticketholders who were displaced during the disrupted event.