NASCAR’s second year in Chicago came with slightly sunnier skies, slightly fewer critics and an ad hoc deal that helped the city’s bottom line improve slightly, ending the big downtown race weekend a few hundred thousand dollars in the black. That was an improvement over 2023, when critics not only ripped the inconvenience of closed roads and limited access to Grant Park, but said the overall cost to host it wasn’t matched by the benefits: The city spent nearly $4 million that year but received just $620,000 in direct payments from the racing company. This time, the city shelled out $2.44 million in overtime, roadwork and payments to the company that runs Chicago’s parking meters for taking spaces offline this summer for the race, according a Tribune analysis of documents obtained from open records requests.
Chicago Made A Bit Of Money On Nascar Race In 2024
A.D. Quig, Chicago Tribune: Business
Mon, 10/14/2024 - 3:00am
Topics: receipts october nascar s julie giese cultural affairs special events officials critics july fourth people pit road nascar street race vincent alban/chicago tribune racing mayor brandon johnson though johnson lori lightfoot roughly june r.d.o related articles nascar-coded fire department emergency management communication public safety administration police oemc chicago department transportation that s cdot columbus drive balbo columbus jackson michigan chicago park grant park city nascar district nascar s as street race sept july chicago tribune politics nascar columbus million year overtime cost economic costs records deal received payments paid impact officer direct officers time roadwork benefits slightly weekend short check sales permit company report generated lost request obtained media summer bottom credited open pay tax spent analysis food contract merchandise beverage line revenue spaces meters limited return hotel cover fixes fees salaries account publicly fee visitors day amusement worker hours landed true-up
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