The Las Vegas Convention and Visitors Authority is set to spend over $7 million related to hosting the Formula One Las Vegas Grand Prix and WWE’s WrestleMania.

A $6 million sponsorship agreement with WWE to host next year’s WrestleMania and a $1.25 million ticket buy for this month’s Las Vegas Grand Prix are up for approval at Wednesday’s meeting of the LVCVA board of directors.

WrestleMania

WrestleMania 42, planned for April 18-19 at Allegiant Stadium, will mark the second time since 1989 that the same city hosted WWE’s marquee event in back-to-back years. Ahead of this past year’s WrestleMania 41, the LVCVA approved a $5 million event sponsorship.

WrestleMania 41 attracted a two-night announced crowd of 124,000 fans to Allegiant Stadium and led to over 140,000 incremental room nights

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