Summary:
The Grand Prix de Monaco attracts worldwide attention and has immense economic and media impact on the Principality.
Full Story:
Monaco, known for its glamorous lifestyle and prestigious events, hosts the renowned Monaco Grand Prix, which generates immense economic and media impact. The numbers associated with this iconic race are truly remarkable. Let’s delve into some of the most notable figures.
To begin with, the Monaco Grand Prix attracts around 200,000 spectators annually, making it one of the most popular motorsport events in the world. These visitors contribute significantly to the local economy, with an estimated economic impact of over €90 million.
The media coverage surrounding the Monaco Grand Prix is equally impressive. More than 500 million people worldwide tune in to watch the race, highlighting its global appeal. This immense viewership translates into extensive media exposure for Monaco, showcasing its beauty and elegance to a vast audience.
From a logistical standpoint, organizing such an event requires meticulous planning and infrastructure. Over 12,000 temporary jobs are created to handle the various aspects of the race, ensuring its smooth execution. Additionally, the Principality invests around €10 million each year to maintain and upgrade the infrastructure needed for the Grand Prix.
The Prince of Monaco, along with his family, plays a central role in the event. The presence of the Prince during the race adds to its prestige, reflecting the longstanding tradition of the Grimaldi family’s involvement in motorsport.
In summary, the Grand Prix de Monaco stands as a testament to the allure and grandeur of the Principality. Its economic significance, global media coverage, and royal association make it an iconic event in the world of motorsport.
Source:
L’observateur de Monaco
