Liberty Media agrees to $3M settlement in Las Vegas Grand Prix ticket lawsuit

Yahoo Sports1 min read • Latest: Jul 24, 2026, 3:41 AM

Last updated Jul 24, 2026

Liberty Media agrees to $3M settlement in Las Vegas Grand Prix ticket lawsuit
Summary

Liberty Media, which promotes the Las Vegas Grand Prix, has settled a class-action lawsuit for approximately $3 million related to issues during the inaugural 2023 race. Spectators raised concerns after a practice session was halted nine minutes in due to damage from a water valve cover hit by Carlos Sainz Jr.'s car. Fans present at the disrupted practice session or those who purchased three-night tickets are eligible for compensation by August 27. Liberty Media did not admit fault in the settlement, with a final approval hearing set for November 4 in U.S. District Court of Nevada.

Source Links
By the Numbers
  • Liberty Media settles for $3 million in ticket lawsuit.
  • Practice session at Las Vegas Grand Prix halted after nine minutes.
  • Carlos Sainz Jr.'s car was damaged by a water valve cover.
  • Fans can file compensation claims until August 27.
  • Final approval hearing scheduled for November 4.
Latest Updates
  • 3:41 AMYahoo SportsFormula 1 parent company reaches $3M settlement in Las Vegas Grand Prix 2023 tickets lawsuit
What they're saying
"

Formula 1 parent company Liberty Media, which also promotes the Las Vegas Grand Prix, has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators regarding the inaugural 2023 race. The opening-night practice session on Nov. 16, 2023, was halted after nine minutes when Carlos Sainz Jr. drove over a water valve cover that severely damaged his Ferrari. Liberty Media and the Las Vegas Grand Prix did not admit fault under the settlement.

Related Teams & Leagues

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days