F1 US Grand Prix feeds millions of dollars back into Austin’s economy

Written by 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 . . .



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