{"id":30321,"date":"2025-11-02T16:59:24","date_gmt":"2025-11-02T16:59:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/30321\/"},"modified":"2025-11-02T16:59:24","modified_gmt":"2025-11-02T16:59:24","slug":"formula-ones-success-is-spilling-into-luxury-real-estate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/30321\/","title":{"rendered":"Formula One\u2019s Success Is Spilling Into Luxury Real Estate"},"content":{"rendered":"<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\">Formula One fever\u2014fueled by the success of Netflix\u2019s documentary \u201cDrive to Survive,\u201d Brad Pitt\u2019s blockbuster \u201cF1\u201d and a string of U.S. races\u2014is spreading beyond the track to high-end real estate.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\">Luxury condo developers have been adding car simulators, some F1-branded and others not, into new projects as a marquee amenity, giving residents an adrenaline rush and a slice of the sport at home. The niche perk is especially prevalent in South Florida, which hosts the annual F1 Miami Grand Prix in early May.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">At Porsche Design Tower Miami, for example, the clubroom is outfitted with two sleek Porsche simulators, which are equipped with more than three dozen international racecourses\u2014including every stop on the Formula One circuit.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">MORE: <a data-type=\"link\" href=\"https:\/\/www.mansionglobal.com\/articles\/in-a-north-carolina-nascar-town-the-housing-market-is-vrooming-1727d8fa\" target=\"_blank\" rel=\"nofollow noopener\" class=\"ekxajjj0 css-1xedca9-OverridedLink\">In a North Carolina Nascar Town, the Housing Market Is Vrooming<\/a><\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Alan Wildstein, who owns car dealerships in Florida and Michigan and lives in a penthouse in the building, is a self-described race car aficionado and said that the simulators are a \u201cvery nice perk.\u201d\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">\u201cI have my friends over, and we head to the clubroom with wine and race on the simulators late into the night,\u201d he said. \u201cThe club room is always open, so we can use them 24 hours a day.\u201d<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Wildstein noted that he races on a variety of different tracks, but has his favorites, including Sebring International Raceway in Sebring, Florida, which he has raced on in real life before. \u201cThe simulator actually feels like being on the track,\u201d he said.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">The Estates at Acqualina in Sunny Isles, Florida, near Miami Beach, features an F1 simulator on its subterranean amenity level, which also has a bowling alley, a movie theater and an ice-skating rink. Produced by the simulator production company Wave Italy, based in Verona, Italy, the race car is loaded with more than a dozen courses, including the Imola Circuit in Italy and Circuit Zandvoort in the Netherlands.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">James Zaratin, the general manager of the Estates, said that the car is one of the development\u2019s most popular amenities.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">\u201cWe sometimes organize resident races on weekends, which have been very well received and are spirited events where everyone is engaged,\u201d he said.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Resident Lourdes Patron Trueba, a retired banking executive, and her husband, Juan Antonio, a former finance executive, are race car enthusiasts, and Trueba said that the simulator was an attraction when they were home shopping more than three years ago.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">MORE: <a data-type=\"link\" href=\"https:\/\/www.mansionglobal.com\/articles\/princes-bandmate-lists-castle-like-1920s-l-a-home-she-bought-after-purple-rain-tour-fb07bd71\" target=\"_blank\" rel=\"nofollow noopener\" class=\"ekxajjj0 css-1xedca9-OverridedLink\">Prince\u2019s Bandmate Lists Castle-Like 1920s L.A. Home She Bought After Purple Rain Tour<\/a><\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">\u201cFor a moment, you really feel like you\u2019re on the track,\u201d Patron Trueba said. \u201cWe have five adult daughters who visit with their husbands and always make it a point to book a time and use it.\u201d<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Related Group is betting big on F1 with two forthcoming Miami developments featuring simulators as a highlight.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Viceroy Brickell Residences, set to deliver units in January, will have a virtual reality lounge with an F1 simulator and a golf simulator, located off its lobby.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Nick Perez, president of condominium development for Related, said that the space will also offer a bar, couches and a television, encouraging residents to linger. \u201cI can\u2019t emphasize enough how big F1 has become in Miami among people of all genders and ages,\u201d he said. \u201cThe simulators give us a point of differentiation.\u201d<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Perez noted that the project\u2019s sales center already has the simulator and has been a \u201chuge draw,\u201d which has brought in prospective buyers.<\/p>\n<p class=\"body-ad-label css-1ayil5r\" data-testid=\"ad-container-label\">Advertisement &#8211; Scroll to Continue<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">The other Related Group project, W Residences Pompano Beach, slated for completion in 2029, will offer an F1 simulator in its lounge. Echoing Perez\u2019s statements, sales director Sivan Koster said that the amenity has been a magnet for prospects.\u00a0\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">\u201cWe did an email campaign specifically on the simulator, and the response we got was more than we got with any other email,\u201d she said. \u201cPeople were really excited about it.\u201d<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">For the future owner of the $150 million penthouse at Rivage Bal Harbour\u2014set for delivery in early 2028\u2014the thrill of life as a race-car driver will be a private indulgence. Spanning 22,000 square feet indoors and an additional 11,000 square feet outdoors, the penthouse will come with a Formula One simulator that can be customized to reflect the buyer\u2019s team of choice, such as Aston Martin Aramco and Oracle Red Bull Racing.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">MORE: <a data-type=\"link\" href=\"https:\/\/www.mansionglobal.com\/articles\/kurt-cobains-fender-from-smells-like-teen-spirit-mv-among-jim-irsays-billion-dollar-collection-of-cultural-artifacts-8c008de7\" target=\"_blank\" rel=\"nofollow noopener\" class=\"ekxajjj0 css-1xedca9-OverridedLink\">Kurt Cobain\u2019s Fender From \u2018Smells Like Teen Spirit\u2019 Video Among Jim Irsay\u2019s Billion-Dollar Collection of Cultural Artifacts\u00a0<\/a><\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Yansy Checa, a broker with Douglas Elliman who represents the project, said that the amenity will cost north $100,000.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">\u201cRacing culture is huge in South Florida, and an F1 simulator is something we think is a worthwhile investment and will set us apart from our competition,\u201d she said.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Florida\u2019s builders aren\u2019t the only ones trying to lure F1 fans.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">At Elm-Ledbury, a luxury rental building in Toronto\u2019s Garden District, residents can climb into an F1 simulator in the sports lounge, featuring a force-feedback steering wheel that mimics every turn and bump of the track. Ryan Funt, the vice president of marketing at Fitzrovia, the developer behind the property, said that renters can personalize their racing by picking from 16 cars, 12 international circuits and several difficulty levels.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">From Mansion Global Boutique: <a data-type=\"link\" href=\"https:\/\/www.mansionglobal.com\/boutique\/articles\/toiletry-cases-thatll-upgrade-any-travel-experience-3ac1c35a\" target=\"_blank\" rel=\"nofollow noopener\" class=\"ekxajjj0 css-1xedca9-OverridedLink\">Toiletry Cases That\u2019ll Upgrade Any Travel Experience<\/a><\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Justin Wang, who works in fashion, moved into the building in August with his wife, Krissie Cheng, a student, and said that the simulator was a \u201cbig\u201d reason why he chose to rent there.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">\u201cI like to invite my friends to the sports lounge, and we take turns competing on it,\u201d he said. \u201cIt\u2019s a great way for us to bond and gives us the thrill of being on a racecourse.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Formula One fever\u2014fueled by the success of Netflix\u2019s documentary \u201cDrive to Survive,\u201d Brad Pitt\u2019s blockbuster \u201cF1\u201d and a&hellip;\n","protected":false},"author":2,"featured_media":30322,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[21977,21985,2813,229,464,323,462,453,472,454,473,104,463,28,477,447,466,555,452,471,21986,21978,16353,15432,21973,16362,15435,21981,123,125,124,21979,21980,5077,3445,476,455,481,21976,21984,480,458,465,6666,110,21974,21975,21982,21983,474,4571,475],"class_list":["post-30321","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-amenity-amenities-game-room","tag-amenity_amenities-game-room","tag-arts","tag-arts-entertainment","tag-ce-exclusion-filter","tag-celebrities","tag-content-types","tag-content-type-content-type-article","tag-content-type_content-type-article","tag-credited-by-mansion-global","tag-credited_by_mansion_global","tag-entertainment","tag-factiva-filters","tag-florida","tag-general-news","tag-integration-apple-news","tag-integration_apple-news","tag-lifestyle","tag-lifestyle-lifestyle-metropolitan","tag-lifestyle_lifestyle-metropolitan","tag-living","tag-living-lifestyle","tag-location-market-miami","tag-location-market-south-florida","tag-location-market-toronto","tag-location_market-miami","tag-location_market-south-florida","tag-location_market-toronto","tag-miami","tag-miami-headlines","tag-miami-news","tag-motor-racing","tag-motor-sports","tag-movies","tag-north-america","tag-political","tag-political-general-news","tag-property","tag-property-type-property-type-condo","tag-property-type_property-type-condo","tag-real-estate","tag-real-estate-property","tag-routine-general-news","tag-southern-u-s","tag-sports","tag-subject-subject-amenities","tag-subject-subject-developments","tag-subject_subject-amenities","tag-subject_subject-developments","tag-synd","tag-united-states","tag-wsj-pro-mansion-global"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/30321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=30321"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/30321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/30322"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=30321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=30321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=30321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}