F1 Saudi Arabian Grand Prix in Jeddah boosts tourism and local commerce

S[A

Jeddah, Jan 28 (Saudi Arabia Breaking News) – The Formula 1 stc Saudi Arabian Grand Prix has contributed to direct and indirect economic activity in Jeddah, supporting tourism and stimulating commercial and investment momentum in the city, according to figures and assessments outlined in the event summary.

Race-period demand lifted hotel occupancy and air travel activity, with spillover across hospitality, retail and services, and increased business activity along the Jeddah Corniche waterfront.

The Grand Prix is staged at the Jeddah Corniche Circuit, a street track billed as the world’s fastest, featuring 27 high-speed corners. The circuit and adjacent facilities have been positioned as part of wider efforts to strengthen Jeddah’s appeal for sports and entertainment investment by turning event infrastructure into year-round assets.

The impact also extended to small and medium-sized enterprises and local businesses, including restaurants, cafés and retail brands, while supporting seasonal and permanent job opportunities linked to event operations and tourism.

The Jeddah Corniche continues to function as a tourism and leisure hub outside race periods, with continued hosting of the Grand Prix expected to reinforce the city’s role as a key tourism and economic driver on the Red Sea coast.