Siddhant More’s Post

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Founder at Mad Over Marketing (M.O.M) | Top 30 Under 30, SS

Las Vegas wants more of that sweet F1 dough. Here’s the economic value one race brought to the city. 1. The race created more than 7,000 jobs for locals who earned more than $50 million in wages. 2. F1 tourists spent 3.6x more than the usual Vegas tourist, spending more $800 million during the F1 weekend. 3. F1 themselves spent more than $80 million on improving public infrastructure in the city. 4. The event generated $77 million in tax revenue, which is more than any other event in the city’s history. With a total economic impact of $1.5 billion, it was the largest sporting event in Las Vegas history.

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Mahesh Kamble

Video Producer - Founder Assurecut

5mo

Thanks for sharing

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