Some 235 thousand tourists will arrive at CDMX during the F1 Grand Prix
The Ministry of Tourism of the Government of Mexico, headed by Miguel Torruco Marqués, estimates that twenty percent of these visitors will be foreigners
During the days of the Formula 1 Grand Prix of Mexico, 235 thousand tourists will stay in a hotel in the capital of the country, of which 47 thousand, equivalent to twenty percent, will come from abroad.
According to the expectations of the Ministry of Tourism of the Government of Mexico, headed by Miguel Torruco Marqués, throughout the automobile competition the average occupancy of the hotel plant in Mexico City will be 81.1 percent, with 124 thousand rooms hired by visitors, in addition to the occupation in private accommodation will be 78 percent.
So, just for the concept of lodging in established hotels, the economic spill will be 239 million pesos, plus another 27 million additional spill for private accommodation, to add 266 million pesos.
For its part, the organizing company of the F1 Grand Prix estimates that the attendance to the event will be 335 thousand spectators on average.
Their projections estimate that the total economic impact of the race will reach 15 thousand 74 million pesos, divided as follows: 8 thousand 694 million pesos for various expenses of the event and 6 thousand 380 million for media coverage.
Thirteen billion impressions and 910 thousand mentions on digital platforms are included in this promotion through the media; and the transmission to 200 countries, with 2,400 hours of coverage worldwide.
In total, the company expects the creation of eight thousand 700 jobs on average, thanks to this 2019 Grand Prix in which twenty teams will take part, among which are: Ferrari, McLaren, Mercedes, Force India and Red Bull, with the participation of forty pilots, of which one is Mexican, Sergio Pérez, who is part of the Force India team. From 1981 to 2015 no nationals had participated in this competition.
The organization of the Formula 1 Grand Prix in Mexico City has been recognized consecutively during the last four years as "Best Event of the Year", while last October 9, in London, England, was awarded by "Leaders Sports Awards "As" The best live sports experience in the world. "
These awards take on greater relevance if we consider that Formula 1 returned to Mexico City in 2015, after 23 years of absence in our country. This will be the fifth competition since then and will continue, since this year the government of the capital signed an agreement to continue doing so for three more editions, that is, until 2022.