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US Grand Prix a commercial success

Austin was a success both commercially and in terms of the audience it attracted Press Association Enlarge The city of Austin gained global media coverage worth $191.2 million from hosting the 2012 United States Grand Prix, according to new research by Formula One industry monitor Formulamoney. This comprised $166.7 million in exposure generated verbally and visually through television broadcasts and a further $24.4 million through mentions of Austin and F1 in print and major online media. The report said that the grand prix also gained exposure for associated advertisers of $150 million, ranking it as the best race of 2012 in terms of brand exposure. The best-exposed sponsor of the race...
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