Disrupted Las Vegas Businesses Reach Settlement with Organizers of the F1 Grand Prix Race
Formula 1 and Local Businesses Settle Disputes Ahead of Las Vegas Grand Prix
After months of disruptions and legal battles, Formula 1 (F1) has managed to resolve its differences with several local businesses affected by the construction of the Las Vegas Grand Prix.
The settlement, announced on Tuesday, August 13, 2025, brings an end to the legal disputes with Battista’s Hole in the Wall restaurant, Stage Door Casino—both owned by Randy Markin—and Jay's Market convenience store. These businesses claimed substantial financial losses due to road closures and construction related to the 2023 race.
Battista’s Hole in the Wall and Stage Door, located at Flamingo and Linq Lane, rely heavily on foot traffic for business. The temporary bridge rerouted traffic over Flamingo Road and disrupted businesses for months on either side of the event. As a result, both establishments had to close for renovations in May. Randy Markin, the owner, claimed he lost millions due to the construction of the bridge by F1.
Despite the settlement, RDG LV LLC, the landlord of both Stage Door Casino and Battista's Hole in the Wall, is still proceeding with its claims against F1. The landlord argues that the races have caused severe property damage.
Jay’s Market, which had lost about $3.5 million due to the event but never filed a lawsuit, was also part of the settlement agreements with Formula 1. Details of the settlements have not been disclosed publicly, but the resolution helped secure a $20 million sponsorship extension so the race can continue through at least 2027.
The settlement between F1 and Ellis Island, another off-Strip casino, involved a partnership for this year's race. Ellis Island, which had sued F1, claiming millions in losses, had its lawsuit dismissed ahead of the settlement in May.
However, a lawsuit filed by Ferraro's Ristorante, located at 4480 Paradise Road, remains unresolved. It claims millions in lost revenue and thousands of lost guests and seeks compensation for past and future losses.
While the core business disputes involving Randy Markin’s properties and adjacent small businesses have been settled, some related litigation by landlords persists as of mid-August 2025. Randy Markin, owner of the Stage Door Casino and Battista's Hole in the Wall, has promised to reopen the establishments by the end of August, citing construction delays and a longer-than-expected inspection process as reasons for the delay.
Despite the challenges, the Las Vegas Grand Prix is set to begin its preparations anew, with the parties involved moving forward towards a more harmonious future.
- The settlement with Jay's Market secured a $20 million sponsorship extension for the Formula 1 race to continue through 2027.
- Battista’s Hole in the Wall and Stage Door Casino, owned by Randy Markin, claimed substantial financial losses due to road closures and construction related to the Las Vegas Grand Prix.
- Randy Markin, the owner of Battista's Hole in the Wall and Stage Door Casino, lost millions due to the construction of the bridge by Formula 1.
- Construction-related disruptions forced Battista’s Hole in the Wall and Stage Door to close for renovations in May.
- Formula 1 has resolved its differences with several local businesses affected by the construction of the Las Vegas Grand Prix, including Jay's Market, Battista’s Hole in the Wall, and Stage Door Casino.
- Ellis Island, another off-Strip casino, partnered with Formula 1 for this year's race as part of a settlement resolution.
- Some related litigation by landlords persists, such as the lawsuit filed by RDG LV LLC against Formula 1.
- The Las Vegas Grand Prix is set to begin its preparations anew, moving forward towards a more harmonious future with the parties involved.