Las Vegas will host Formula 1 Grand Prix race in November 2023 for the first time since 1982 where the 50-lap race is expected to stretch a street course that runs over 6 km.
Formula One decides to furlough nearly half of its staff with chairman Chase Carey and senior management taking pay cuts until end of May.
Mercedes F1 boss Toto Wolff hailed a new chapter for a team who have won the last six drivers' and manufacturers' titles with Lewis Hamilton chasing his seventh career crown this season.
The 'Drive to Survive' series that aired earlier this year on Netflix showcased the drama behind Formula One races, which helped increase women's interest in Sunday's Mexico Grand Prix by 30%.
“We’ve carefully listened to what the fans think about the current power unit and what they would like to see in the near future,” Formula One’s Managing Director Ross Brawn said.
The controversial chief of Formula One motor racing, Bernie Ecclestone ruled the sport for four decades.
The sale of Formula One to Liberty Media could be completed as early as Tuesday after CEO Bernie Ecclestone agreed on a price.
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