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Madrid Prepares to Take Advantage of the Economic Impact of Formula 1: 'It Is Well Above What It Can Have in Australia, Great Britain or Monaco'
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laprovincia.es+3 Reposted by 3 other sources
A total of 467 million euros. That is the figure up to which a report prepared by PwC raises the initial forecasts of 450 million euros of economic impact of the Spanish Grand Prix of Formula 1 to be held in Madrid from 11 to 13 September. The preparations and the celebration of the race itself, venture the authors of the study, favor the creation of 8,850 jobs and allow to raise 83 million euros in taxes and social contributions. The sum of the…
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