Formula One’s Miami Grand Prix Revs up South Florida Economy to Tune of Hundreds of Millions of Dollars

Formula One’s Miami Grand Prix Revs up South Florida Economy to Tune of Hundreds of Millions of Dollars
Fans gather to watch the qualifying sessions of the Formula One Miami Grand Prix in Florida on May 6, 2023. Courtesy of Patrick Budisack
T.J. Muscaro
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Formula One motor racing returned to the Sunshine State in May for the second Miami Grand Prix, pumping hundreds of millions of dollars into the South Florida economy.

The international race adds to a growing wave of professional sporting events in the Magic City.

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