Description

As a Director, Commercial Operations, you will play a pivotal role in supporting the creation and execution of the strategy for the Las Vegas Grand Prix, driving revenue growth and maximizing commercial opportunities that directly drive the revenue and commercial value of Las Vegas Grand Prix, Inc. and Formula 1.

Reporting to the SVP, Commercial Operations, the successful candidate will collaborate to create compelling propositions for commercial partners and expanding Formula 1’s footprint in Vegas and the US market as a key growth driver for the business. Working closely with the Commercial Partnerships, Ticketing, Licensing, and Marketing team, as well as the Formula 1 Commercial Operations team in in London, the role will ensure both the Las Vegas Grand Prix’ and Formula 1’s commercial objectives are met. 

Requirements

RESPONSIBILITIES:

Support Strategy & Sustainable Commercial Growth

• Support development and successful execution of event & business strategy
• Develop and execute commercial strategies to drive growth across commercial partnerships, ticketing, hospitality, licensing, and Grand Prix Plaza – F1’s permanent activation in Vegas
• Identify and evaluate new business opportunities, market trends, and competitive dynamics to inform strategic decision-making and maximise commercial potential
• Conduct financial modelling, revenue forecasting, and performance analysis to support commercial planning and optimize monetization strategies; develop and present business cases, strategic recommendations, and performance reports to senior management and other key stakeholders
• Own and spearhead special projects that require full attention; serve as a subject matter expert, and develop action plans to execute such projects 
• Monitor the effectiveness of commercial initiatives, identifying opportunities for improvement and adapting strategies to changing market conditions and consumer behavior

Support on Deal & Sales Operations

• Assist the development team to conceptualize bespoke, industry-acclaimed, multi-year partnerships that highlight both the Las Vegas Grand Prix, Formula 1 and its partners in new ways. These partnerships will not only drive revenue, but also activation, engagement, recognition, and conversion 

Internal Support

• Manage reporting processes for senior stakeholder updates
• Collaborate with internal teams to create integrated commercial propositions that enhance fan engagement and partner value
• Stay abreast of industry trends, emerging technologies, and best practices to ensure Formula 1 remains at the forefront of innovation and commercial success