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Miami GP costs ‘far exceeded expectations’
Miami GP organisers admitted the cost of hosting their race this year 'far exceeded expectations', to a degree where they did not turn a profit. Overall revenue will have been high for the race as tickets for the sell-out event were hot property alone, costing more than $500 [£407] at even the lowest rate for Sunday's race day alone, with some corporate hospitality tickets going for as much as almost $30,000 [£24,500]. But the expense of track construction and alterations during the weekend coupled with other challenges presented by hosting their first race weekend saw costs increase, namely with some staff reportedly being unable to get to the event due to the traffic around Hard Rock...
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1y ago from PlanetF1.com
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