'I am concerned that the economic benefits of NASCAR aren't going to be worth the costs,' said Ald. Bill Conway (34th).
The 2.2-mile course twists and turns its way through significant sections of major downtown streets such as DuSable Lake Shore Drive, Columbus Drive, and Michigan Avenue.Some of those streets began closing days before the Saturday, July 1, and Sunday, July 2 race days – causing traffic backups and headaches. They are expected to remain blocked off for several days afterward, according to theBoaters will also be affected.
Between 2012 and 2022, Lollapalooza's fee was $1.5 million with $750,000 upfront – payable by mid-July."I think the city will get some citywide economic benefits," Conway said."Chicago does tend to shine on a world stage." Sueños Music Festival, a two-day event held late May on Memorial Day weekend, brought in $1.8 million.At a June 14 Pedestrian and Traffic Safety Chicago City Council Committee meeting, Julie Giese – who is President of Chicago Street Course – told alderpeople 100,000 tickets are expected to be sold for NASCAR weekend.
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