Thursday, March 28, 2024

Rally revving economy

Date:

Share post:

The economy has benefited immensely from overseas participants in the Sol Rally Barbados, which has been a staple on the sporting calendar for the past 30 years.

Barbados Rally Club’s public relations officer Neil Barnard made the comments at a press briefing at Mahogany Ridge, St James, on Wednesday for the upcoming Sol Rally Barbados and Flow King Of The Hill events.

“We quantify it every year and we do so for our partners as well as for the club itself. Last year, I think it was about $4.1 million injected into the overall economy as a result, not only the foreign entrants and the people that come with them, but also the amount of money that is generated on the island over the couple weeks as well,” Bernard said.

“This year again, we have these phenomenal extended teams coming from Europe, so where you have a team of driver and navigator coming to compete in the event itself, they will bring engineers and so on.” (RG)

Subscribe now to our eNATION edition for the full story.

For the latest stories and breaking news updates download the Nationnews apps for iOS and Android.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Disgraced ‘Crypto King’ to be sentenced

Sam Bankman-Fried, the former billionaire crypto boss who was convicted of fraud and money laundering last year, will...

Lester Vaughan update coming

One month after the closure of Lester Vaughan School, teachers and concerned parents will have a chance to...

Gayle and T20 trophy ‘on top of the world’!

Former West Indies cricketer Chris Gayle lit up the iconic Empire State Building in New York recently as...

Joe Lieberman, former vice presidential candidate, dies at 82

Former US Senator and vice-presidential candidate Joe Lieberman has died at 82. The cause was complications from a fall,...