Economic Benefits
The Indian Grand Prix has the potential to generate around $170 million in revenue and employ as many as 10,000 people. The opportunity in advertising tie-ups between manufacturers and Formula One are also a consideration. The race coincides with the important Diwali holiday, when consumer spending is typically at its highest and many people are travelling, which further improves economic prospects.
Read more about this topic: Indian Grand Prix
Famous quotes containing the words economic and/or benefits:
“But I would emphasize again that social and economic solutions, as such, will not avail to satisfy the aspirations of the people unless they conform with the traditions of our race, deeply grooved in their sentiments through a century and a half of struggle for ideals of life that are rooted in religion and fed from purely spiritual springs.”
—Herbert Hoover (18741964)
“Through all opposition the personal benefits of the reform [dress] [bracketed word in original] have compensated; but had it been mainly sacrifice, the thought of working for the amelioration of women and the elevation of humanity would still have been the beacon-star guiding me on amid all discouragements.”
—Susan Pecker Fowler (18231911)