Rally has record impact on economy in 2019

By TPN/Lusa, in News · 29-12-2019 10:00:00 · 0 Comments

The 53rd Portugal Rally had a record impact on the Portuguese economy, generating €2.9 million more than the previous year, the Automóvel Club de Portugal (ACP) said

According to the Report of the Impact of the Rally of Portugal on the Economy and Tourism, this seventh race of the World Cup generated €141.2 million in the Portuguese economy.

According to the same document, more than half of the return was in direct expenditure ensured by fans and teams in the northern and central regions of the country, where the ACP event took place, with an impact of €73.42 million.

"Given the volume and type of supporter spending, especially in the food and beverage, internal transport and accommodation sectors, it is possible to estimate that residents and tourists with expenses allocated to the WRC Vodafone Rally of Portugal 2019 provided the state with a gross tax revenue exceeding €21.6 million (income tax and oil tax), representing 29.5% of taxes regarding the total direct expenditure," the document said.

According to this report, carried out by the International Centre for Research in Territory and Tourism of the University of Algarve, around 1 million people saw the Rally.

"Among 15 different origins identified in the study, 41.1% are foreigners and 58.9% Portuguese, generating an important flow of tourism with high levels of satisfaction to which is added the fact that, regardless of their origin, express the intention of returning to the regions covered by the Rally in the next three years: 90.9% in summer and 72.2% in winter," it said.

The economic return of the race through the media, of indirect impact, is estimated to be €67.7 million.

The Portugal Rally 2019 took place between 30 May and 2 July, with a nerve centre in Matosinhos (Porto), and was won by Estonian Ott Tanak (Toyota), who became world champion for the first time this season.


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