It is no sure bet The city is no stranger to big wagersĮddie Cheever had a prime seat the last time Formula One rolled the dice in Las Vegas.Ĭheever took part in both F1 races that were staged in the early 1980s around a nondescript parking lot next to Caesars Palace - a scorching, glorified karting track that was perhaps the worst excuse for a racing circuit in grand prix history. Formula One has gone all-in on America with Las Vegas race.