Liberty Media, the parent company that promotes the Las Vegas Grand Prix, agrees to a multimillion-dollar settlement to end a class-action lawsuit filed by spectators over the inaugural 2023 race. Multiple outlets report the settlement is for about $3 million, including a specified payment of $3,047,986. The dispute traces to the first night practice session on November 16, 2023, when the session is stopped after roughly nine minutes. Carlos Sainz Jr. is reported to have driven over a water valve cover, which severely damages his Ferrari, and the event is then postponed for several hours. The settlement is described as resolving claims related to the disruption experienced by attendees. Under the agreement, Liberty Media and the Las Vegas Grand Prix do not admit fault, according to the reports. The terms indicate the parties choose to end the litigation rather than continue it through trial. Reported figures and the core incident involving the halted session and Sainz’s car are consistent across the coverage.