The race will be held on a 3.85-mile track around the Las Vegas streets, the centrepiece of which is a two-kilometre (1.24-mile) run down the famous Strip, home of all the major casino hotels. That outlay includes £196m on buying a plot of land, and a further £327m on erecting a permanent pit building and preparing the track.Ī lavish opening ceremony has been planned for Wednesday, with a host of music stars, including Kylie Minogue, Andra Day, Keith Urban and Journey, and featuring appearances by all the teams and drivers.