An open-wheel racing festival will transform Downtown Baltimore into a high-speed race course for three days in August 2011 and for the subsequent four years, officials said Wednesday.
Flanked by racings stars Al Unser Jr. and Graham Rahal, Gov. Martin O'Malley and Mayor Stephanie C. Rawlings-Blake proclaimed the Baltimore Grand Prix a "game-changer" that they said would inject millions of dollars into the city's economy.
"In excitement and in the six to seven million people that watch it…it will bring eyes from all around the world to Baltimore and to Maryland," said O'Malley, who compared the race's impact to the Preakness.
Officials estimate the race will draw more than 100,000 visitors to the city and generate hundreds of millions of dollars in ticket sales, hotel stays and restaurant meals. The race will support 400 jobs and produce $65 to 70 million in economic impact, O'Malley said.
But a survey of North American cities that have hosted similar events reveals a mixed record. A few — Long Beach, Calif., St. Petersburg, Fla., and Toronto — have made themselves into international destinations for motor sports. But others, including nearby Washington, have canceled races amid complaints from residents, revenues that failed to materialize and disputes between promoters and city leaders.
http://www.baltimoresun.com/news/maryland/baltimore-city/bs-md-ci-grand-prix-coming-20100602,0,7319231.storySee the article for a map of the race course. Camden Yards parking lot will house the pit stalls with the main drag coming down Pratt Street before turning down Light Street in front of the Inner Harbor and looping back.
I am so buying tickets to this race but damn, I'm deathly afraid of what it will do to Traffic in the area. :scared: