Take St. Petersburg, Florida, where she held a current Indy Car race, for example. The most pressing problem for many residents of St. Pete was the sound. Indy cars are very strong and tough competition took place from about 17.00 to 08.30 clock clock every day. Depending on where residents live, has reached decibels (dB) levels of 110-122 How strong is 122 decibels? A typical conversation occurs at about 60 dB. Washing produce 75 dB. An instrument of power generates over 100 dB. It involves over hearing loss immediately to reach with clay 140-190 dB, depending on the weapon.
Because permanent hearing loss occurs after prolonged exposure of 85 dB or more, safe to say the race is dangerously high, even for non-participants. But the Grand Prix has a positive effect as well?
Only if you have more than $ 5,000,000 in sales called "good. "
After visiting the farm, "The combined economic impact of spending by visitors in commercial accommodation, seasonal residents, visitors and people a day with friends and family (out-of-district students) in connection with Honda Grand Prix of St. Petersburg is $ 5, 131 070. "
This number reflects only between the audience and includes the effects of the organizers, sponsors and teams generate. These groups are most likely significantly to the total amount Dave Goodwin, Director of Economic Development. "The race team and its entourage and media events are in town for several days, many are staying in hotel rooms, restaurants, shops and restaurants and shops. "All this adds up to thousands of dollars more spent in St. Pete.
And the effect is repeated every year instead of the race. 2005 Edition of the 70,000 spectators, 85.7% of the participants came specifically for the race. 6.4% or 4480, have remained in public housing for a median of two nights. And all of these said they would return for the 2006 race
Rick Mussett, St.Petersburg Development City Administrator feels the positive impact is much greater than the quantifiable $5,000,000. The IRL [Indy Racing League] and ESPN reported that the 2005 edition was broadcast in 203 countries and territories and seen by 309 million households, " Mussett said in an e-mail. "This is probably the game's largest impact on the city-exposure worldwide, giving an important boost to our image!
Goodwin agrees. When asked if the race has a direct economic impact in the days of competition, said the Grand Prix perhaps better than the two hours of economic development / tourism commercial city doesn't pay for " because EPSN of his charisma. All that shows the city and encourages the viewer to visit, move, or start a business to complete the city's economic base.
In addition, Goodwin said that the Department for the city's economic development and the Tampa Bay Partnership, the international accounting benefit from the race's for the foreign media and professional host site selectors. These people ", then swarm out to tell the story of St. Petersburg and the region, " says Goodwin.
Regardless of a like or dislike the Grand Prix's cacophonous noise and three days of activities, there no denying its impact on long-term positive impact on the city of St.Petersburg. Dollars directed by fans and teams spent valuable international exposure, races are good for the local economy.