The centerpiece of the Formula One Las Vegas Grand Prix is beginning to rise from the ground.
The first columns are in place for what will be a 300,000-square-foot, four-story paddock facility, located on the northeast corner of Harmon Avenue and Koval Lane.
The area will feature the start/finish line, driver pits, ultra VIP spectator zones and a rooftop terrace. Plans are for F1 to utilize the space year-round, not just for race weekends.
“Construction on the paddock building is full steam ahead,” a race spokesperson said. “Timelines for construction and setups will vary in each zone, with some installs starting as early as June.”
Liberty Media, F1’s parent company, is investing $500 million between the building and the land purchase tied to the paddock site.
The inaugural race weekend is scheduled for Nov. 16 to 18 . The race will take place at night and will be 50 laps around a 3.8-mile course spanning portions of the Las Vegas Strip, Koval, Harmon and Spring Mountain Road. Speeds of up to 212 mph are expected to be reached.
Although initially signed to a three-year deal, the hope is to make the race an annual event for the foreseeable future.