Press Release - ING New York City Marathon - 10/30/07

FOR IMMEDIATE RELEASE

      New York City Sports Commission and New York Road Runners 
       Announce Economic Impact for ING New York City Marathon 
                         Grows to $220 Million 
  
The New York City Sports Commission and New York Road Runners yesterday 
announced that the ING New York City Marathon brings an estimated $220 
million in economic impact to the city. Already the highest-grossing 
single-day sporting event in New York, the marathon's estimated impact this 
year is up from $205 million in 2006. These figures are the results of an 
independent study conducted by Economics Research Associates. 

The annual event, now in its 38th year, has more than 37,000 runners, 2.5 
million spectators lining the streets of New York, and a worldwide 
television audience of more than 300 million. Eighty percent of the runners 
are from outside New York City and nearly 50 percent come from outside the 
U.S. 

"The ING New York City Marathon is as diverse as the city itself," said New 
York Road Runners president and CEO Mary Wittenberg. "With more than 
100,000 applicants this year, the event continues to attract runners from 
around the world while bringing together the City of New York." 

"New York City continues to flourish economically thanks in large part to 
signature sporting events such as the ING New York City Marathon," said New 
York City Sports Commissioner Kenneth Podziba. "While the numbers speak for 
themselves, the positive impact that the event has had on our city cannot 
be measured in dollar figures alone. The ING New York City Marathon creates 
a unique energy and excitement that fills the city each year, and I look 
forward to watching this event continue to grow bigger and better." 

Marathon participants and spectators spend $71 million on hotels, $45 
million on food and beverages, $42 million on retail merchandise, over $16 
million on entertainment, $14 million on transportation, and $11 million on 
running and fitness gear at the ING New York City Marathon Health and 
Fitness Expo. 

The study revealed that 15 percent of the runners had an income of more 
than $250,000 with an overall average household income of $130,000. The 
study also suggests that runners are likely to spend more money than an 
average tourist because they view the race as a celebratory event. Half of 
those runners come from abroad and stay in the city for an average of six 
days. 

The difference of $15 million from 2006 to 2007 is accounted for in part by 
the $4 million growth of New York Road Runners and its budget, and from 
$1.6 million from more than 40 vendors and sponsors participating at the 
ING New York City Marathon Health and Fitness Expo. 

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