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| photo: AP

“Liberty Media has entered into an agreement to acquire 39 acres (more than 15 hectares) east of the Strip to create box and paddock capacity. I expect the transaction to be completed in the second quarter, “Reuters quoted CEO Magaie as saying.

The Las Vegas Circuit will be 6.12 km and will take you around the city’s most famous sites, such as the fountains in front of the Bellagio Resort or the Caesars Palace Hotel and Casino. The first year of the race should take place in November. It is expected to attract 170,000 fans.