Ferraro’s Ristorante has agreed to settle its lawsuit against Las Vegas Grand Prix organizers, Formula One, Liberty Media, and Clark County over disruptions caused by the 2023 race, resulting in the case being dismissed “without prejudice,” allowing it to potentially be refiled. The restaurant, which had sought more than $50,000 in damages for lost business due to nine weeks of road closures and infrastructure work, claimed the disruptions led to a significant decline in customers, particularly those attending trade shows at the nearby Las Vegas Convention Center. Owner Gino Ferraro stated his primary intent was to halt future F1 races in Las Vegas rather than seek monetary compensation.
Court documents indicate an unspecified monetary agreement was reached, but race officials deny any payment was made, asserting that no money was exchanged and that the case was dismissed without any judgment. Clark County did not comment on the settlement.
Ferraro’s lawsuit is among several filed by local businesses impacted by the Grand Prix. Other businesses, including Stage Door Casino, Battista’s Hole in the Wall, Jay’s Market, and Ellis Island, have also settled or had their lawsuits dismissed after alleging business losses due to the race’s infrastructure work. The initial construction for the 2023 race was particularly disruptive, taking nine months and affecting public streets in the area.
In response to community concerns, race organizers have since shortened the duration of infrastructure work to September through December and have engaged in community outreach, including donations and free event tickets. Despite these efforts, Ferraro reports ongoing negative impacts on his business during race preparations and is considering closing his restaurant during the 2024 race weekend due to anticipated access issues.
The 2024 Las Vegas Grand Prix is scheduled for November 20-22, with the main event starting two hours earlier than previous years, at 8 p.m., to accommodate attendees. Ferraro remains concerned that traffic congestion and restricted access will continue to affect local businesses.