Formula 1 in Abu Dhabi: How Motorsport Boosts Economic Growth

The Abu Dhabi Formula 1 Grand Prix has emerged as a powerful driver of economic activity, showcasing how major sporting events can stimulate growth in non-oil sectors. The annual race at Yas Marina Circuit attracts tens of thousands of international visitors, significantly boosting tourism, hospitality, and retail industries. According to recent estimates, the event generates hundreds of millions of dollars in direct and indirect revenue for the emirate. Beyond immediate financial gains, the race enhances Abu Dhabi’s global visibility, reinforcing its positioning as a hub for high-profile international events. Investments in infrastructure and entertainment linked to the race also create long-term employment opportunities and encourage private sector participation in large-scale projects. This synergy between sports and economic development reflects a broader strategy to diversify the UAE’s economy and reduce reliance on hydrocarbon revenues.
— news from CNN الاقتصادية

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«فورمولا 1» أبوظبي.. حين تحفّز الرياضة الاقتصاد CNN الاقتصادية
«فورمولا 1» أبوظبي.. حين تحفّز الرياضة الاقتصاد CNN الاقتصادية

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