Urban motorsport festival gives £10m economic turbo boost
Power Maxed MotoFest Coventry, the largest free urban motorsport festival in the UK, has given a £10m boost to the city’s economy, according to research conducted to gauge the economic impact of the festival.
Through data crunching undertaken with Coventry Business Improvement District (BID), sponsors and exhibitors, the Power Maxed MotoFest Coventry team has calculated the overall contribution the festival makes to the local economy.
Based on average spend, business uplift, visitor footfall and hotel occupancy rates, the num... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
