Southern Nevada nonprofits and event workers gear up for big business with help from Formula 1
LAS VEGAS, Nev. (FOX5) — People around the world can now pre-register for tickets to next year’s Formula 1 Grand Prix race in Las Vegas. Meanwhile, nonprofit leaders and event workers are just some of the people in Southern Nevada gearing up to cash big checks from this massive event.
“It’s powerful for all of us,” said Brooke Neubauer, who founded The Just One Project.
When registering for pre-registration, F1 says fans will be asked to donate $7.77 to the Las Vegas Grand Prix Foundation, “who will deploy these donations for projects that improve the lives of residents of Southern Nevada, including providing one million free meals to the local Las Vegas community.
Neubauer’s nonprofit is just one of the charities that benefit.
“They did a listening tour and they chose The Just One Project as one of their charities to support this year, we are so grateful to them,” Neubauer said.
She said the impacts of these donations will be felt by those in need.
“We will be able to serve more customers and really help them get to a self-sufficient place where they don’t have to shop in our community market at no cost. They can shop at a grocery store of their choice,” Neubauer said.
Three Square also receives a portion of your donations from this F1 pre-registration event.
“We are absolutely thrilled that this is benefiting Three Square,” said Kate Hibbard Gaines, Chief Development Officer of Three Square. “One in four children goes home to a food-insecure household. So every donation that goes to the foundation, which then goes to Three Square or one of our partners, is going to have such a huge impact then.
But it’s not just nonprofits looking to rev up their engines and rake in the dough. The weekend of the event is expected to generate $1 billion in indirect economic benefits.
Local stagehands and event workers will have plenty of work opportunities to choose from with this event.
“It’s going to be so much work, everybody’s going to work,” said Phil Jaynes, president of IATSE 720, the Las Vegas Machinists’ Union.
He said they would get calls to work on the race itself: “I imagine there will be video walls all along the track. There will be broadcast areas, stages. A lot of them are jobs that our guys do on a regular basis.
But he also said they will be called upon to work the parts surrounding the event.
“All of these sponsors are going to be here in town and all of the different hotels will be hosting their parties for their sponsors and contributors, so we’ll have a lot of work to do from that as well,” Jaynes said.
He added: “The Formula 1 fan base is the people who can afford to go to these events… So the amount of money that is going to be involved in this event, I think it will be the biggest event we’ve had in Las Vegas.
F1’s recently purchased construction yard on Koval and Harmon will serve as the race pit, then the track will move north on Koval, up and around the MSG Sphere, and to the Strip via Sands Avenue, where the pilots will head south again. .
The Vegas event track is 3.8 miles long from start to finish, according to F1, with top speeds estimated at over 212 miles per hour.
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