Home>702Times>The Chief Operating Officer for the Formula One Las Vegas Grand Prix is Leaving the Race

The Chief Operating Officer for the Formula One Las Vegas Grand Prix is Leaving the Race

By TheNevadaGlobeStaff, May 17, 2024 5:06 pm

Las Vegas, NV — Betsy Fretwell, who was appointed as the Chief Operating Officer (COO) for the Formula One Las Vegas Grand Prix on January 9 of this year, is stepping down from her position. Fretwell, who brought over 30 years of leadership experience in both the public and private sectors to the role, has decided to return to her management consulting practice with C4ward Strategies.

Fretwell’s career in the Las Vegas metro area spans 27 years, including a notable tenure as the City Manager of Las Vegas for nine years. During her time as City Manager, she oversaw more than 3,300 employees and managed an annual budget of $1.3 billion.

“Over the last several months while serving as the COO of the Las Vegas Grand Prix, we developed a solid plan for this year’s race, established clear lines of communication with governing agencies, and furthered critical community relationships,” Fretwell said in a statement. “With that work in place, it is time for me to return to my prior management consulting practice with C4ward Strategies. I’m confident that I’m leaving the LVGP in a stronger position and wish them every success.”

Renee Wilm, the CEO of the Las Vegas Grand Prix, praised Fretwell’s contributions. “Betsy has played a critical role for us as we navigate the complexities of a race of this magnitude in Las Vegas. She has been instrumental in helping us set the table for a successful race this year,” Wilm said. “In our inaugural year, my focus was intently on the establishment and operation of the race. I now intend to bring that same energy and attention to the Las Vegas community as a whole, this year and for years to come. We wish Betsy nothing but the best.”

Fretwell’s return to her consulting practice marks the end of her brief but impactful tenure with the Las Vegas Grand Prix, leaving behind a legacy of strengthened community ties and a solid foundation for future races.

Credits: Fox5Vegas

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