Applied Analysis partners with Formula 1 to evaluate the economic and fiscal impacts of its major events, including races across the United States and internationally, most notably the Las Vegas Grand Prix. Drawing on thousands of attendee surveys and a customized impact model, our team measures visitor spending, infrastructure investment, job creation, tax revenues and social contributions tied to each event. This work quantifies how Formula 1 generates tourism, economic growth and community benefits for host regions and provides a blueprint for assessing the impact of major global sporting events.