The race is really good for New York City.
An interesting fact regarding the ING New York City Marathon: the race brings in $340 million in revenue to the Big Apple. This is 25 percent more than it did in 2006. This data comes from a recent study released by the New York Road Runners, the race’s organizing body.
The study is also indicative of how popular the race is becoming. Five years ago 38,000 runners took part, while last year the turnout was 45,000. Approximately half these runners come from overseas and end up staying in hotels with their friends and family.
The New York Road Runners commissioned the study after the New York City Police Department said it would charge organizers of the marathon for services such as traffic control and managing road closures.
Naturally, the costs will be most likely passed on to the runner in terms of an increased entrance fee. However, the race fee has been already established for 2011. “We are willing to continue to bear some of the costs,” New York Road Runners CEO Mary Wittenberg said. “We’re waiting to find out the arrangement for next year and then we’ll finalize our fees.”
For More: The New York Times