Conor Groome’s Post

Monaco

Monaco

Monaco

Follow the latest updates from the Monaco Grand Prix.

monaco

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The Mind-Blowing Numbers of the #MonacoGrandPrix. Gouvernement Monaco's Formula 1: A World-Class Event ! Every year, #Monaco attracts globally significant sporting events, with the #GrandPrix being a standout. The economic and media impact is tremendous. Here's a look at the key figures - l'Observateur de Monaco: 1- Visitor Surge: Over four days, Monaco welcomes between 200,000 and 300,000 visitors, drawn not only by the race but also by the festive atmosphere. The event's glamour is heightened by the presence of international celebrities and significantly increased helicopter traffic 2- Massive Organization: Organizing the Grand Prix requires nearly 3,000 people, including 750 track marshals and 700 security controllers. Additionally, 60 companies and about 200 workers are involved in setting up the grandstands and safety features, such as 22 kilometers of safety rails and 20,000 m² of fencing 3- Global Audience: The Grand Prix is broadcast in 80 countries, attracting a billion viewers and extensive media coverage, which boosts Monaco’s tourism profile 4- Hotel Boom: In May, hotel prices surge to over four times the annual average due to the Grand Prix. Hotels and restaurants enjoy 100% occupancy rates, with many generating 25-30% of their annual revenue during this period 5- Economic Impact: The Grand Prix significantly boosts Monaco’s economy, with the 2017 event alone generating 90 million euros, including 22 million in direct and 68 million in indirect economic benefits 6- Prime Viewing Spots: Besides grandstand tickets, many spectators rent balconies, rooftops, and yachts for premium views, with prices reaching several thousand euros #Monaco's #GrandPrix is not just a race but a critical economic driver and a major promotional event for the principality. In the picture below: Remembering #MichaelSchumacher's first victory with Ferrari at the 55th Monaco Grand Prix in 1997. The race was marked by challenging weather conditions, with rain making the narrow, twisty streets of Monaco even more treacherous. Schumacher's ability to navigate these difficult conditions showcased his extraordinary talent. He built a significant lead over the rest of the field, managing his pace and tires effectively to maintain his advantage throughout the race. #Schumacher's strategic brilliance was also evident in his tire choices and pit stops. His team made the right calls at the right times, allowing him to stay ahead while others struggled or made costly errors. The race saw numerous incidents and retirements due to the slippery track, but Schumacher remained focused and controlled. We miss you, Michael! Go Ferrari for the race ! #GrandPrixMonaco #F1

The best laid plans of mice and men...

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