F1 Las Vegas Grand Prix Resolves Differences With Battista’s Hole in the Wall Restaurant Over Lawsuit Allegations That Road Race Hurt Business
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Shop at Jay’ Market at 190 East Flamingo Road at the Koval Lane intersection east of the Strip.
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By Alan Snel, LVSportsBiz.com Publisher-Writer
LAS VEGAS, Nevada — Formula 1 Las Vegas Grand Prix says it has “resolved our differences” with Battista’s Hole in a Wall restaurant and Stage Door Casino, two related businesses that argued they lost millions of dollars in revenue because of the November road race in the Strip corridor in 2023 and 2024.
Battista’s and Stage Door off Flamingo Road between Las Vegas Boulevard and Koval Lane claimed in a lawsuit last year that it lost millions of dollars because the F1 race that installed a 3.8-mile track on the Strip and local streets made it difficult for customers to reach the two businesses.
Randy Markin, who oversees Battista’s and Stage Door, declined to comment today.
Earlier Tuesday, LVCVA CEO Steve Hill said after an LVCVA board meeting that there were partnerships between F1 and two businesses — Battista’s and Jay’s Market (located at Flamingo Road and Koval Lane) — after both businesses said the road race financially hurt their revenues. Hill’s comments about Battista’s and Jay’s Market came at the end of this video, which was taken during a media session following the meeting:
Jay’s Market did not file a lawsuit, but the convenience store at the northwest corner of Koval and Flamingo was difficult to reach because of the race course barriers and fencing.
In an LVSportsBiz.com interview after the 2024 F1 race, Jay’s Market owner Wade Bohn pulled up his November financial records showing the store made $340,000 less money in gas sales and drew 24,000 less customers in Nov. 2024 compared to Nov. 2022, the last year before the grand prix event started in 2023.
F1 settled with Ellis Island casino on Koval Lane and announced a partnership with Ellis Island in May, making Ellis Island the “Official Venue of the Las Vegas Strip Circuit.” Ellis Island had filed a lawsuit against F1 and Clark County, but it went from plaintiff to race sponsor in one year.
F1 does have ongoing litigation with Ferraro’s Restaurant on Paradise Road.
Nearly a year ago Ferraro’s claimed in its legal papers that, “While touted as an economic boon and benefit to the city, F1 has had the opposite impact on Ferraro’s, causing irreparable harm to Ferraro’s and its employees.
The lawsuit filed in Clark County District Court in September said, “Ferraro’s has suffered a loss of thousands of guests and millions of dollars, and those losses will only increase as the political and corporate machine behind the F1 race continues to push the annual F1 race over the objections and significant disruptions to local Las Vegas businesses.”
A Clark County commissioner said while the county was named as a defendent in the business lawsuits against F1, the county has not paid out any settlement money.
F1 starts race course construction in early September. After the two-hour race on Nov. 22, F1 will work until nearly Christmas to take apart the fencing, barriers and light mounts.
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