This is CBS I on the world. Here's John Bachelor.

The Vegas Report, the Premier of the Vegas Report with Jeff Bliss, Pitt Lad Bliss from his youth in the pits at the Orange County International Raceway. We now go to Las Vegas and I read

from Road and Track magazine. The Las Vegas Grand Prix is the biggest new event Formula One has held in decades.

It is a dream come true for its promoters at F1, an organization that successfully shut down

one of the most famous stretches

abroad in the world for a marquee race. Unfortunately the first day of

running was more like a nightmare. This is great fun. I learn all about

Formula One from Jeff. Jeff Bliss's Pacific Watch, we'll get to that, but right now he's Vegas Watch. Jeff, a very good evening to you. First of all, this is the first time that it's been here in the 21st century.

I've watched the pictures you've sent me.

It looks like they've created a video game.

What is your expectation?

What am I looking at? How at houses race going to work jef

good evening

may j i think you have exactly right it looks like a video game and that's

been a

a comment from people around the world whether they're in Vegas itself or

viewing from other places. Formula One is the biggest motorsports racing thing in the world.

It's really probably only number two behind professional soccer in terms

of global enjoyment or interest uh... but

you know the vaguest has decided to do put a very vagu vague look on this raceway from the cards sweet, you know,

cards are painted along the edges there of the raceway to the neon lights and the video and the lasers and it's and it's a track that runs down

the strip so it's right in front of the major casinos and hotels in Vegas it's

...