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:
“In our personal ambitions we are individualists. But in our seeking for economic and political progress as a nation, we all go upor else all go downas one people.”
—Franklin D. Roosevelt (18821945)
“One of the benefits of a college education is, to show the boy its little avail.”
—Ralph Waldo Emerson (18031882)