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AsiaMacau Grand Prix 2023 Attracts Record-Breaking Spectator Turnout and Economic Boost

Macau Grand Prix 2023 Attracts Record-Breaking Spectator Turnout and Economic Boost

The Macau Grand Prix Organizing Committee has reported an impressive turnout for the 70th edition of the renowned race, spanning six days and drawing a preliminary count of 145,000 spectators. This marks a substantial increase from the 86,000 attendees in 2019, showcasing the event’s growing popularity.

Extended Event Duration:
The 2023 Grand Prix, celebrating its 70th edition, was extended to a six-day format for the first time, covering two consecutive weekends with a total of 11 races.
President Pun Weng Kun highlighted the smooth execution of the event and the significant increase in spectator numbers.

Record Attendance:
Preliminary statistics revealed that approximately 145,000 spectators attended the six-day event, with 36,000 on the final day alone.
The four race days of the past week exceeded the total attendance in 2019, reaching 99,000 attendees.

Corporate Sponsorship Impact:
The event was sponsored by the six Macau concessionaires, each contributing MOP$20 million, leveraging their corporate promotional power to enhance the event’s impact.
The results surpassed government expectations, indicating the Grand Prix’s clear advantage in drawing crowds.

Economic Boost:
Hotel industry representatives disclosed a remarkable 90% overall hotel occupancy rate during the Grand Prix, with resorts along the Cotai Strip fully booked.
Visitor arrivals through Hengqin Port reached 72,000 on 18 November, a historic high, reflecting a substantial influx of tourists.

The Macau Grand Prix 2023 has achieved record-breaking success, drawing a diverse and enthusiastic audience over the extended six-day period. The strong corporate sponsorship, coupled with the event’s economic impact on the hospitality sector, underscores its significance in attracting both local and international visitors. As a beacon of Macau’s cultural and sporting excellence, the Grand Prix continues to contribute to the region’s tourism and economic vitality.

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