4.5 billion in 10 years and 8,200 jobs

by time news

2023-12-14 15:39:59

The president of the Community of Madrid, Isabel Díaz Ayuso, avoids confirming in public that Madrid will host the Formula 1 Grand Prixbut it has begun to prepare the ground so that it will be positively received by the people of Madrid and this Thursday it has slipped the benefits that the regional government estimates it will have for Madrid. In the absence of confirmation from the organization itself, in any case, both the regional government and the private sector have assumed for days that the news will arrive in the coming days.

The Madrid leader has defended that the arrival of the GP to the capital will be “a unique opportunity” for the region and has pointed out that it will generate a direct impact of 4.5 billion euros, although it has not been specified, it is understood that this is the overall amount that is expected to contribute to the region in the ten years the event is expected to be held in Madrid. Likewise, he has slipped that it will serve to create about 8,200 jobs and that will attract the attention of 119 million people: “70 million would follow us on television and 49 on the internet.”. It is a unique opportunity for promote Madrid also as a place of business and, above all, to improve our image as an international sports capital.

In a response to his parliamentary spokesperson in the Madrid Assembly, Carlos Díaz Pache, Ayuso added that since it is held in the vicinity of the Ifema venue, the impact on connectivity and daily transport in the capital and the rest of the region will be “very much smaller.”

Competition with the Catalunya GP

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Once the data was released, criticism of the opposition came in a plenary session in which the president made interventions in a much less harsh tone than in previous weeks. “I don’t know any capital or any region in the world that says no to something like Formula 1,” he began to say and then continued: “It only happens in a region where the left casts suspicion on any transformation that is good for Madrid. Any administration would bid for it and this shows that Madrid is fashionable in the world.”

He has also made reference to the GP of Catalonia, whose survival is at stake since Madrid entered the bid to attract this event since the organization might not have interest in maintaining two circuits in the same country. “We don’t know if the Grand Prix of Catalonia will continue or not,” said the president to express her desire afterward: “I, of course, would like to, because I think that Catalonia and Madrid must continue working together“. However, he has made it clear that his interest in Formula 1 is clear and that he will not hesitate to compete if necessary: ​​”If we have this opportunity we will continue to bet on it.” And again, to top it off, a criticism of the groups of the opposition: “I understand that the left will look for the most convenient place to put the banner, and attack the image of the Formula 1but the majority feeling of the people of Madrid and of anyone with a little judgment is that an event of these characteristics is good.”

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