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F1 Miami GP generates $350m for local economy, per study

(Credit: Getty Images)

The inaugural Formula 1 Miami Grand Prix in early May pumped nearly $350m (€345m) into the South Florida economy, according to an economic impact report issued by organizers South Florida Motorsports.

The much-anticipated event at the Hard Rock Stadium campus in Miami Gardens, Florida, attracted more than 243,000 spectators across the three days from May 6-8.

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