F1 US Grand Prix feeds millions of dollars back into Austin’s economy
Written by Black Hot Fire Network on October 23, 2022
In 2021, visitors coming to Austin for the race spent over $400 million in direct spending and nearly $200 million indirectly.
AUSTIN, Texas — The Formula 1 U.S. Grand Prix has proved to be one of the busiest weekends in Austin year after year, bringing in millions of dollars in both direct and indirect spending.
"It's a great experience. Hospitality is great. Austin is amazing," said Craig Fallick, an F1 fan visiting from New York.
In 2021 . . .