
The announcement of a settlement between Formula One and a claimant who claimed that these preparations lost him millions of dollars in business comes just as the race is about to start.
Officials from Formula One announced on Tuesday that they had settled their disputes with Randy Markin's Stage Door Casino and Battista's Hole in Wall eatery. The resolution of those concerns was not made public, but according to District Court documents, a case that Markin brought in September 2024 was partially dismissed on August 8.
After Markin claimed he lost millions of dollars when Formula One built a temporary bridge to redirect traffic over Flamingo Road and his businesses for months on either side of the Las Vegas Grand Prix, the complaint sought damages exceeding $50,000.
According to Markin's lawsuit, Battista's and Stage Door, which are both situated at Flamingo and Linq Lane, depend on foot traffic for their operations; nevertheless, the F1 circuit's construction "was unpredictable and cripplingly disruptive."
Since RDG LV LLC, the landlord of both buildings, is still pursuing its claims, the dismissal was only partially completed.
Additional Settlements
According to an F1 representative, the company has also settled its dispute with Jay's Market, a Shell convenience shop that had reported $3.5 million in damages but never brought legal action.
Additionally, race administrators said in May that they would be working with Ellis Island, another off-Strip casino that sued Formula One, alleging millions of dollars in losses, to resolve their disputes by hosting the race this year. (Ellis Island's 2024 lawsuit against Formula One was also dropped before to that deal.)
Only a case brought against F1 last September by Ferraro's Ristorante, located at 4480 Paradise Road, remains unresolved, in addition to the continuing litigation from RDG LV LLC. It demands restitution for past and future damages and alleges that millions of dollars in revenue and thousands of lost visitors have been lost.
In May, Battista's Hole in the Wall and the Stage Door Casino abruptly shuttered for remodeling. Randy Marking, the owner, recently informed the Las Vegas Review-Journal that the new schedule is "the end of August, if not later," despite his earlier pledge to reopen by the end of June. (He placed the responsibility on "a longer-than-expected inspection process and construction delays.")