The 2011 Macau Grand Prix generated a total revenue of MOP36 million (US$4.5 million), establishing a new record, the organising committee announced.

The total revenue included MOP10 million from ticketing, with the rest of the money coming from title sponsors and other sponsorships.

The organisers didn’t say how much the previous record was.

In total, approximately 65,000 people, including teams and media, attended the event.

The Grand Prix also attracted more visitors to Macau.

During the four-day period, 454,000 visitors arrived in the city, representing an 18.9 percent increase over the same period in 2010, with hotel occupancy rates reaching 92.3 percent.

The 59th Macau Grand Prix will be held from November 15 to 18, 2012.