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The British Grand Prix generates over £100 million in economic impact for the local community

July 8, 2024

Over 350,000 spectators attended the 2019 British Grand Prix. A marketing giant!

Here are 10 amazing statistics and their sources regarding marketing at the British Grand Prix:


1. Over 350,000 spectators attended the 2019 British Grand Prix, making it the second-largest attendance in the world after the Italian Grand Prix. (Source: Formula 1)


2. The British Grand Prix generates over £100 million in economic impact for the local community, supporting over 1,000 jobs and contributing to the local economy. (Source: Motorsport Vision)


3. The event has a global reach of over 500 million people, with 70% of viewers coming from outside the UK. (Source: Formula 1)


4. The British Grand Prix has a social media following of over 1.5 million fans, with a reach of over 10 million people during the event weekend. (Source: Formula 1)


5. The event generates over £20 million in revenue from sponsorship and advertising, with major brands such as Pirelli, Shell, and Rolex sponsoring the event. (Source: Motorsport Vision)


6. The British Grand Prix has a significant impact on the local hospitality industry, with over 10,000 hotel rooms booked during the event weekend. (Source: Visit Britain)


7. The event attracts over 10,000 international visitors, with fans coming from over 50 countries to attend the event. (Source: Visit Britain)


8. The British Grand Prix has a strong presence on social media, with the official Formula 1 Twitter account gaining over 1 million impressions during the event weekend. (Source: Twitter)


9. The event generates over £5 million in revenue from ticket sales, with fans paying an average of £150 per ticket. (Source: Motorsport Vision)


10. The British Grand Prix has a significant impact on the local economy, with the event supporting over 1,000 jobs and contributing to the local economy. (Source: Motorsport Vision)


Sources:


* Formula 1: www.formula1.com

* Motorsport Vision: www.motorsportvision.co.uk

* Visit Britain: www.visitbritain.com

* Twitter: www.twitter.com


Note: The statistics may vary depending on the source and year of the event.

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