The first-ever Miami GP around the Miami Dolphins Hard Rock Stadium is the busiest new F1 race in years, and that’s also reflected in ticket prices.
Priced at $ 640, the cheapest grandstand tickets, the second most expensive seat on the Formula One calendar after Monaco, sold out on the first day of launch.
Fans who wanted to gain access to the shared area had to pay from $ 300 for Friday to $ 500 for the day of the race, which is complicated only by the increased prices with many discounts on food and drinks.
The festival-style event, which has attracted interest from fans and sponsors around the world and sold out with a capacity of 240,000 in three days, is further proof that the championship has made a huge fuss in the United States. But his pulling power, similar to the Super Bowl, also means that he, like the NFL final, pulled most people out of the market.
Asked about criticism of ticket prices, Miami GP chief Garfinkel, who also runs the Dolphins and Hard Rock Stadium, said supply and demand dictated what the ticket price should be.
“Well, that’s partly the shortage of supply and demand,” Garfinkel said. “I mean, we’ve never had a public sale and we’ve had such a high demand that ticket prices have been part of that.”
Esteban Ocon, Alpine A522, Carlos Sainz Jr., Ferrari F1-75
Photo: Mark Sutton / Motorsport Images
Garfinkel insisted that the general admission tickets, which Miami calls campus maps, offer good value for money, given that no cost has been saved in turning the South Florida site into a semi-theme park including a beach club, fan zones and live concerts throughout the weekend.
“I do not think we have done one thing very well [with] “We can do a better job in the future – is to educate people about what a campus pass is,” he explained.
“For $ 300 on Friday, you can go out and experience the racetrack. There are many different things with campus passes. There is so much to experience here. This is not a typical terrain pass. You can see many different parts of the racetrack. There are many different things to do.
“And then in high class, yes, we have some luxury experiences where tickets are very expensive. So part of that was a function of supply and demand. But we hope to share this experience with the people who bought the tickets. “
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