Above: Jacques Laffite (Ligier JS17-Matra) leads Gilles Villeneuve (Ferrari 126CK) during the 1981 Las Vegas Grand Prix.A month after chief executive Bernie Ecclestone called plans for a Las Vegas race "struggling," the founder of the group organizing the event tells the BBC that a Beijing-based conglomerate has "an agreement in...

Above: Jacques Laffite (Ligier JS17-Matra) leads Gilles Villeneuve (Ferrari 126CK) during the 1981 Las Vegas Grand Prix.A Formula 1 race in Las Vegas is not a safe bet.A month after hinting that there were talks for a second U.S. race as soon as 2018, F1 chief executive Bernie Eccelstone told...