| | | | | | | |  | Committee Assignments - C4 L
COMMISSION MEMORANDUM |
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| | | | | | | | | TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Commissioner Alex Fernandez | | | DATE: | July 20, 2022 | | | |
| | SUBJECT: | REFERRAL TO THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE TO DISCUSS THE GOODWOOD FESTIVAL OF SPEED AND THEIR INTEREST IN LAUNCHING THE INTERNATIONAL FESTIVAL OF SPEED IN MIAMI BEACH DURING MARCH 2024. |
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| | | | | | | | BACKGROUND/HISTORY
| The Goodwood Festival of Speed is the world’s largest celebration of motorsport and car culture, with audiences from around the world. After 25 years at the Goodwood Estate in Chichester, England they are expanding internationally.
With an anticipated attendance of over 100,000 and a potential economic impact of over $20M, The Festival of Speed is expected to generate extensive positive impacts for Miami Beach. |
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| | | | | | | | SUPPORTING SURVEY DATA
| | n/a |
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| | | | | | | | FINANCIAL INFORMATION
| | The Festival of Speed is expected to generate extensive positive impacts for Miami Beach. It is anticipated to attract over 100,000 attendees and generate an potential economic impact of over $20M. |
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| | | | | | | | | Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? | | Does this item utilize G.O. Bond Funds? | | | Yes | | No | |
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| | | | | | | | Strategic Connection
| | Prosperity - Market and promote Miami Beach as a world class arts, culture, and quality entertainment destination. |
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| | | | | | | | Legislative Tracking
Commissioner Alex Fernandez |
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