But there is also an opportunity for F1 fans to get their hands on some historical artefacts too, with millions of dollars worth of items up for auction.
The auction, hosted by Sotheby's, will be held on Friday, November 17 at the Awakening Theatre within the Wynn Las Vegas Hotel.
Millions to be made in Vegas
Let's take a look at some of the available lots.
First up is the iconic Mercedes W04 car that Hamilton steered to victory at the 2014 Hungarian Grand Prix.
This item holds significant importance in Hamilton's journey to becoming the most successful F1 driver in history, with a record of 103 victories. The W04 is expected to go for $10 million to $15 million.
A signed Michael Schumacher racing suit is up for auction. The seven-time world champion wore the suit on September 14 2003, during the Italian Grand Prix at Monza, a race which Schumacher won.
The triumph at Monza marked Schumacher's fourth consecutive drivers' championship with Ferrari. The iconic overalls are expected to fetch up to $25,000.
5 DAYS until Lewis Hamilton's first-winning 'Silver Arrow', his 2013 Mercedes-AMG Petronas F1 W04, hits the auction block in Las Vegas during the F1 Las Vegas Grand Prix race week.
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