UCI events generate €60m economic boost to host regions in 2018, according to study

The International Cycling Union (UCI) has revealed the results of a study showing that its major events – the World Championships in road, track, mountain bike and the mass participation Gran Fondo – generated a total economic boost of €60m (£53m/$66m) for their host regions in 2018.

The study, commissioned by the UCI and conducted by professional services firm EY, focused on four key drivers of economic impact – visitors, media and teams, event delivery and event engagement – to assess the value added to a country’s gross domestic product (GDP) by an event, as well as the growth in the employment rate of the host city or region.

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