Scottsdale City Council opts to help fund upcoming grand prix

Scottsdale City Council has authorized the funding for the upcoming Scottsdale Grand Prix as well as agreeing upon a deal with Scottsdale Grand Prix, LLC to host the event.

According to a city staff proposal, the city council rendered its decision at its Tuesday, Oct. 25 city council meeting and will spend no more than $60,500 on the upcoming event.

The proposal states if the city moves forward with the set funding and agreement, then the city would enjoy a variety of host and promotional benefits.

According to the proposal, those benefits center around highlighting Scottsdale through media and promotional opportunities.

The proposal states that the event’s media and marketing plan focus on the local market, so the city is anticipating experiencing benefits in the local tourism industry.

Additionally, the city is anticipating 100 Scottsdale rooms will be associated with the event.

This year’s grand prix will take place in downtown Scottsdale and will feature a “unique racing event,” according to the proposal. Additionally, the proposal states there will also be “additional ancillary events.”

The event will span Nov. 4-6.

News Services Reporter Josh Martinez can be contacted at jmartinez@newszap.com or at 623-445-2738

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