The Las Vegas Grand Prix wasn’t a new idea, though it was favored among the drivers.

While experts predict this year’s race will pull in slightly less than the $500 million or so in revenue for Formula 1 and the $1.5 billion in Las Vegas economic impact achieved in last year’s race, the contest and its weeklong festivities will still be a boon for all those involved.

The Las Vegas Grand Prix was held for the first time last year, though there have been prior F1 races in Sin City. The current format uses the Las Vegas streets to form the Las Vegas Strip Circuit, which was designed by Tilke, the design company of racetrack designer Hermann Tilke and his son, Carsten.