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Miami Grand Prix boosts local economy by $500m

Daniel Ricciardo at the Miami Grand Prix Local officials claim the inaugural Formula 1 Miami Grand Prix provided a boost of nearly $500 million to the economy. According to Miami Grand Prix CEO Richard Cregan, an Economic Impact Report details the specific fiscal benefits to the South Florida and Greater Miami regions, including Miami Gardens. “We were proud to deliver on the commitment Stephen Ross (owner of the Miami Dolphins, and the precinct the Miami GP was held in) made to impact the local economy and the people throughout our community; especially right here in Miami Gardens,” Cregan said. “Our team worked selflessly to create a campus and experience that was unique to the...
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