Quote:
Originally Posted by BobHWS
A Formula One race in Austin next year would generate just under $288 million in direct economic impact for the area, according to an estimate released Monday by promoters of the race. That spending would produce $26.6 million in new tax revenue for the state, according to the study.
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$288m in direct impact would be 150,000 people each spending $2k over the weekend. That's optimistic to say the least.