The Ocean Race to leave Alicante after its impact on GDP exceeds €500 million

The Ocean Race will leave Alicante after the economic impact attributed to the competition exceeded €500 million in gross domestic product (GDP). The information available does not specify when the departure will take place or what reasons prompted it.

The figure released puts the impact on GDP linked to the competition’s presence in Alicante at more than €500 million. The period covered by this calculation, the activities included and the methodology used to arrive at it have not been specified. Nor is there a breakdown of how the impact is distributed between sectors or economic players.

The figure therefore gives an indication of the economic scale attributed to the event, but does not in itself provide a detailed assessment of its effects. Assessing the extent of the activity would require, among other things, details of the period analysed and the criteria used in the estimate. The information provided does not include those details.

The departure of The Ocean Race also marks a new phase in the competition’s relationship with Alicante. The information available does not clarify the circumstances of the change or whether there are plans for future editions or activities connected with the race in the city. It is therefore not possible to determine what consequences the decision will have in the medium term.

The economic impact figure and the competition’s departure are the known elements of this change. The lack of information about the timetable, the reasons and the calculation makes it impossible to establish which factors influenced the decision or how the economic effect was measured. These details would help complete the assessment of The Ocean Race’s time in Alicante and clarify the scale of its departure.