Long before the checkered flag is waved, Bahamas Speed Week’s economic impact is fueling local businesses – everything from catering to bleachers, sanitation to logistics.
When Bahamas Speed Week 2012 kicks off in late November, there may be some surprisingly familiar faces under those racing helmets.
More than 50 members of the Antique Auto Club helped make Bahamas Speed Week Revival a reality last year. This year, event organizers paid special tribute to the club that has served as its right arm.
After a 45 year hiatus Speed Week was revived in Nassau last year and according to Bahamas Speed Week president Jimmie Lowe, the team has made numerous improvements to this year’s event.
New car dealers have reported a bounce in April’s sales of between 83-100 per cent, though they remain cautious on the long-term sustainability of the growth trend.
Activity at the recent car show at the Mall at Marathon was the busiest in years, with more buyers prepared to put substantial down payments and showing up prepared with plans, pre-approvals and budgets.
EFG International, represented in The Bahamas by EFG Bank & Trust (Bahamas) Ltd. — the private bank whose name is synonymous with vintage and classic motor cars, paved the way for Bahamas Speed Week Revival.
Forty of the world’s most valuable classic race cars took a spin around the island of New Providence as onlookers took to the streets.
Photos of the Opening Ceremony of Bahamas Speed Week Revival.