Mexican Grand Prix: A Millionaire Boost for the Economy
The Formula 1 Mexican Grand Prix, which will be held this weekend in Mexico City, promises a significant economic impact for the country, according to official reports. It is estimated that the event will generate more than $217 million solely from tourism services, a figure that reflects the importance of the event for the local economy. This calculation includes income from lodging, transportation, food and entertainment, without considering ticket sales, logistics or media impact.It is expected that the Metropolitan Zone of the Valley of Mexico will register a hotel occupancy of over 314,000 tourists during the week of October 20 to 26, which represents an increase of 1.7% compared to the previous year. Of this figure, it is expected that 72% of visitors will be domestic (226,630 tourists) and 28% will come from abroad (88,134 tourists). A general average occupancy of 71.6% is estimated, with a peak of 88.5% during the event weekend. Formula 1 represents an opportunity to strengthen the family economy, benefiting thousands of workers in the tourism, hotel, restaurant, and transportation sectors. According to estimates from Formula 1 itself, the total economic impact of the Mexican Grand Prix could reach 1.084 billion dollars, consolidating it as one of the most important international sporting events for the country. These events contribute to positioning Mexico as a modern, hospitable country with world-class tourism infrastructure.Sports tourism boosts the country’s economy and projects Mexico’s image to the world, consolidating it as a leading destination for top-level international events.
Josefina Rodríguez Zamora, Secretary of Tourism
Key Facts for the 2025 Mexico Grand Prix
- Total tourist spending: $217 million dollars
- Total hotel occupancy: 314,000 tourists
- National tourists: 226,630 (72%)
- Foreign tourists: 88,134 (28%)
- Estimated total economic impact (F1): $1,084 million dollars
- Maximum hotel occupancy: 88.5% (event weekend)