According to the CBC, the event's economic impact on the gross domestic product (GDP) is $63 million (CDN).
Interest in the race exploded after the NetFlix documentary series "Drive To Survive" provided a behind-the-scenes insight into F1's personalities and rivalries -- with people locked down during the COVID-19 pandemic binge watching the episodes.
Tickets for Sunday's race on resale sites were not for the faint hearted, with general admission going for over $500 while VIP suites topped $10,000.
Hotels were also cashing in with rooms averaging more than $500 a night while AirBnB were asking from $1,000 to $4,000 a day for a downtown condo.
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Belle Isle in the Detroit River has been hosting Indy car races on and off since 1989
ReplyDeleteBelle Isle Park (Detroit) in the middle of the Detroit River hosts F1.
ReplyDeleteright! Thanks!
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