Economic effect of carrying out the Grand Prix to Baku exceeded $500 million

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© REUTERS / Muzhskoy zhurnal Maxim SHEMETOV the Cumulative economic effect of carrying out stages of "Formula One" to Baku during the period from 2016 to 2019 made 506,3 million dollars, about it reports Sputnik with reference to the head of department on marketing and communications of the operational companies to Baku City Circuit (BCC) Nigyar Arpadarai. "Thanks to the developed infrastructure of the city and increase of the tourist stream connected with carrying out races of "Formula One" to Baku, further we hope to increase the income and to have still greater positive influence on national economy", - she added. According to the representative...

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Guseynzade Bakhruz
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PwC
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