MGM Resorts CFO Jonathan Halkyard said the recent F1 race in Las Vegas marked the "highest-grossing weekend for us, in hotel revenue, in the company's history." Halkyard said that the company "anticipated it would do well, which is why they invested so much in the months leading up to the race." As for a specific dollar amount, Halkyard "didn't unveil that information." However, the Las Vegas Convention and Visitors Authority as well as Formula 1 and Las Vegas Grand Prix officials have stated they believe the race had an economic impact of $1.2B (KTNV.com, 11/29).
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