Formula One is making a pit stop in RiNo. F1 Arcade, which combines a bar and restaurant with dozens of racing simulators, plans to open at 2734 Walnut St. next fall. It will be one of the first U.S. locations for the U.K.-born concept, which aims to capitalize on growing American interest in Formula One racing. “I think RiNo has long been the neighborhood for the best restaurants, bars in the city, and we connect with that,” said Jon Gardner, U.S.