F1 Miami GP economic impact: $400m, 35,000 room nights and 4,000 new jobs
Formula 1 has announced that it has agreed in principle a deal with the Hard Rock Stadium to host the first-ever F1 Miami Grand Prix.
Should it join the United States Grand Prix on the F1 calendar, it’s predicted that the F1 Miami GP could have an economic impact of more than $400m (£311.8m) and bring in 35,000 hotel room nights in South Florida.
The event would also create 4,000 new jobs, according to the organisers.
F1.com reports that should the race be given the green light in a vote by the Miami-Dade County on 28 October, it would see Formula 1 return to the state of Florida for the first time since the 1959 United Stated Grand Prix at Sebring.
Announcing the agreement, Hard Rock Stadium vice-chairman and CEO Tom Garfinkel and F1’s managing director commercial operations Sean Bra...






