Formula 1 in the Algarve is expected to have an impact of more than 100 million euros

Bringing Formula 1 to Portugal could have a direct impact on the Algarve’s economy of more than 100 million euros, according to estimates from the administrator of the Algarve International Racetrack (AIA), Paulo Pinheiro.

in Algarve · 15 Sep 2020, 09:17 · 1 Comments

This year the Algarve circuit will host the Formula World Championship (October 25) and the MotoGP World Championship (November 22). Paulo Pinheiro said the two events will be a breath of fresh air for the region's hotels and will help “minimise the impacts of the covid-19 pandemic”.

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Comments

Hmm.
I respect Mr Pinheiro tenacity and I wish him well bringing Motto GP and F1 to this wonderful Race Track. To be honest I have followed the ups and downs of this circuit for many years. I was lucky enough to see the original plans for this project before the financial crash of 2008 , It may of taken longer than expected, but I for one wish them well and I hope that this is not just a one off event and that it will appear on the race calendar every year there after.

By mark owen from UK on 18 Sep 2020, 21:13