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IMSEE presents the economic benefits of the Grand Prix

IMSEE presents the economic benefits of the Grand Prix

By Staff Writer - June 28, 2018

Lionel Galfré, Director of the Monegasque Institute of Statistics and Economic Studies (IMSEE), presented at a breakfast conference organised by the Monaco Economic Board (MEB) on Thursday, June 28, the results of the study on the economic benefits of the 2017 Grand Prix.

The economic impact of the 2017 Formula 1 Grand Prix reached €90 million in Monaco over the four-day period over two square kilometres. These figures confirm, moreover, that the Formula 1 Grand Prix is the most important event held in the Principality, whose economic benefits far exceed the four days of the event and extend beyond the borders of Monaco.

The occasion was also an opportunity for the Director of IMSEE to discuss the main economic figures for the year 2017 and to present the 2018 version of the statistical collection “Monaco en chiffres” (Monaco in numbers). More information on www.imsee.mc.

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