The Formula One Las Vegas Grand Prix has resolved disputes with several local businesses that claimed significant financial losses from the event and its related construction work. Race officials confirmed Tuesday, August 12, that agreements were reached with Battista’s Hole in the Wall restaurant, Stage Door Casino—both owned by Randy Markin—and Jay’s Market, a nearby convenience store.

Settlement Ends Disputes With Off-Strip Businesses

Court filings show that a lawsuit filed in September 2024 by Battista’s and Stage Door was partially dismissed on August 8, preventing similar claims from being refiled against race organizers. The businesses had alleged millions in lost revenue due to months of road closures and a temporary bridge built over Flamingo Road during preparations for the inaugural 2023 race. They had been seeking damages in excess of $50,000.

While details of the settlements were not disclosed, the dismissal does not end all related litigation. RDG LV LLC, the landlord for Battista’s and Stage Door, remains a plaintiff and is continuing to pursue claims, citing “severe damage” to property value from both past and future races.

Jay’s Market, which had claimed $3.5 million in losses but never filed a lawsuit, was also included in the resolution. All three businesses are located near the intersection of Flamingo Road and Linq Lane, adjacent to a section of the 3.8-mile circuit that uses parts of Las Vegas Boulevard, Koval Lane, and Harmon and Sands avenues.

The settlement follows similar agreements between race organizers and other local properties. Earlier this year, officials announced a partnership with Ellis Island Casino, which hosted a spectator zone during the 2023 race; a lawsuit filed by Ellis Island was dismissed before the agreement. In May, a partnership was also reached with a 7-Eleven store north of Grand Prix Plaza, which will feature a race broadcast screen during event weekend.

The only remaining unresolved lawsuit stems from Ferraro’s Ristorante, filed in September 2024, which seeks compensation for alleged millions in lost revenue and thousands of missed guests due to the race’s impact.

The Stage Door Casino and Battista’s have both been closed since May for renovations. Owner Randy Markin initially planned to reopen by June but recently told the Las Vegas Review-Journal that delays in construction and inspections have pushed the reopening to “the end of August, if not later.”

LVCVA Extends Race Sponsorship Through 2027

On the same day the settlement was confirmed, the Las Vegas Convention and Visitors Authority (LVCVA) unanimously approved a $20 million sponsorship package to secure the F1 race through at least 2027. The agreement allocates $10 million annually for the 2026 and 2027 races, an increase from the $6.5 million per year provided during the initial three-year contract, which ends after this November’s race.

The new deal also covers tickets and ancillary event costs, previously budgeted at $2.5 million per year. LVCVA CEO Steve Hill said the increased sponsorship was the main driver of the budget difference, noting that cheaper ticket offerings this year have boosted both sales and overall revenue.

Hill also said course construction on Las Vegas Boulevard and surrounding streets will be completed more efficiently this year, reducing lane closure periods by about three weeks compared to 2023’s eight-week disruption.

“We’re very pleased with the progress we have made engaging with our community,” a race spokesperson said Tuesday, highlighting partnerships and community outreach as key to sustaining the event’s local support.