The Mexico City National Chamber of Commerce, Services and Tourism (Canaco) announced that it projects an economic impact exceeding 22.228 million pesos, equivalent to more than 1.205 billion dollars, from the upcoming Formula 1 Mexican Grand Prix.
The high-profile racing event is scheduled to take place on November 1. Canaco's economic forecast highlights the substantial financial significance of the international motorsport competition for the local economy in Mexico.
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