Director, Commercial Operations
Sports Organization
Various Locations
Full-time
Sports
Professional
TeamWork
Job Description
The Formula 1 Heineken Las Vegas Grand Prix has rapidly become a world-class event in its first three years. This three-day spectacle attracts a global audience to witness the world's greatest drivers and cars navigate the iconic Las Vegas Strip at breathtaking speeds approaching 200 mph. SUMMARY: 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.
RESPONSIBILITIES:Support Strategy & Sustainable Commercial GrowthSupport development and successful execution of event & business strategyDevelop 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 potentialConduct 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 stakeholdersOwn 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 behaviorSupport on Deal & Sales OperationsAssist 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.
requirements, and individual qualifications without regard to race, color, religion, age, sex (including pregnancy), parental status, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
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