This weekend Formula 1 will make its Miami debut, replete with South Beach excess. The $2 billion racing circuit, which holds events all over the globe, is booming in America, as evidenced by seats to the May 8 Miami Grand Prix—sponsored by Crypto.com—going for in excess of $23,000 on the secondary market; one hotel in…

$125,000 Hotel Rooms. $23,000 Tickets. Formula 1 Makes Its American Arrival