The numbers that SF claims they lost are a red herring. The economic reports generated in December 2013 reported an positive impact of $550 million for SF and 3,800 jobs. The December reports agreed that there were over 1,000,000 spectators who attended the racing live in SF. How much do you think each spectator spent during his/her visit? How much do you think the bay area collected in retail sales taxes, lodging taxes, airport taxes, rental car taxes, alcohol taxes, etc.?
I know that I spent several thousand dollars in restaurants, cab rides, more restaurants, etc while we were there for a week.
I wasn't alone. The kiwis seemed to be living it up over there :P
