The major risk F1's $500m Las Vegas gamble represents

California's car culture is pretty much dead now. I don't see a ton of people going to Vegas for this annually; maybe once. With most of mod culture killed, the average potential enthusiast is missing from the equation IMO, as such a person that has built hotrods, painted professionally, did custom graphics, and worked in a few machine shops porting heads and building motors. Vegas is mostly driven by SoCal. There are still some enthusiast holdouts, but not enough to fuel the thriving culture and businesses of decades past.

3 comments

It's already failing. They got greedy and people are lashing out. Don't see it lasting more than 3 years
All for seeing them new things. No putting my money on decent racing though.
California's car culture is pretty much dead now. I don't see a ton of people going to Vegas for this annually; maybe once. With most of mod culture killed, the average potential enthusiast is missing from the equation IMO, as such a person that has built hotrods, painted professionally, did custom graphics, and worked in a few machine shops porting heads and building motors. Vegas is mostly driven by SoCal. There are still some enthusiast holdouts, but not enough to fuel the thriving culture and businesses of decades past.