F1 Abu Dhabi GP records AED 1.1 billion economic impact

The Formula 1 Etihad Airways Abu Dhabi Grand Prix generated more than AED 1.16 billion for the emirate’s economy in 2023 via attendee spend.

The figures were revealed by the event's organisers Ethara, which is gearing up to deliver the 24th and final race of the 2024 Formula 1 season -  the longest in F1 history.

The 16th edition of the Abu Dhabi GP weekend is set to take place from December 5-8 2024 at Yas Marina Circuit on Yas Island.

This year’s event will see further enhancement to the fan experience, giving racegoers the opportunity to run along the Yas Marina Circuit on Thursday, December 5 ahead of the season finale.

The inaugural Run #AbuDhabiGP reinforces Ethara’s commitment to healthy and active community initiatives, building on their regular weekly TrainYAS activity which has seen over 1 million people run, walk or cycle the track since its inception.

Fans will once again get access to the circuit for their chosen race weekend day, in addition to that evening’s Yasalam After-Race Concert, as well as a complimentary one-day pass to any of Yas Island’s adventure parks during a seven-day period.

"The Abu Dhabi Grand Prix continues to bring together the excitement of motor racing’s top competitors and some of the world’s biggest music stars, setting the benchmark as the region’s largest sporting and entertainment experience, combined with unique leisure offerings across the race weekend," said Saif Rashid Al Noaimi, CEO at Ethara.

The Yasalam After-Race Concerts in 2024 feature a world-class lineup of artists. The first concert artist was announced as multi-platinum and Grammy Award-winning rock band Muse.

"Live Nation is thrilled to collaborate with Ethara in crafting an unforgettable post-race entertainment experience for this year's Abu Dhabi Grand Prix. Muse marks just the beginning, with an electrifying lineup of world-class stars soon to be unveiled," said James Craven, President at Live Nation Middle East.

.@EtharaOfficial, organiser of the Formula 1 Etihad Airways @AbuDhabiGP, has revealed that the event generated more than AED1.16 billion for the emirate’s economy in 2023 via attendee spend, reaffirming Abu Dhabi’s attractiveness as a sports leisure and tourism destination. pic.twitter.com/wPX63tgNST

— مكتب أبوظبي الإعلامي (@ADMediaOffice) May 7, 2024