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									The report was presented at a press 
									conference by Stefano Domenicali, Head of 
									the Scuderia Ferrari, the new CEO of the 
									Mugello Circuit S.p.A. (100 percent of the 
									company is owned by Ferrari, which is also 
									managing the circuit) Paolo Poli, his 
									predecessor Fausto Cappi and the mayor of 
									Scarperia Sandra Galazzo.  | 
                                 
                                
                                    
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					The Mugello 
					circuit is not just one of the most exciting and demanding 
					tracks in the world but also an important economic reality 
					and source of revenue for the owner and the region. This is 
					the result of a report by the Italian research company 
					Simurg, presented to the press at the race track in Tuscany 
					in the presence of Stefano Domenicali, Head of the Scuderia 
					Ferrari, the new CEO of the Mugello Circuit S.p.A. (100 
					percent of the company is owned by Ferrari, which is also 
					managing the circuit) Paolo Poli, his predecessor Fausto 
					Cappi and the mayor of Scarperia Sandra Galazzo. 
					 
					An estimate of the overall economic impact was made of about 
					22.7 million Euros. Around four and a half million Euros are 
					generated directly by the track itself (purchase of goods 
					and services, property maintenance, management of the 
					structure and the staff), while just over 18 million arrive 
					from the hotel, restaurant, hospitality, commercial and 
					craftsmanship sectors. The circuit-company earned 1,9 
					million during the year examined in the research (2007): 
					this is the difference between costs (13.7 million, 2.5 for 
					depreciation) and revenue (15.6), fruits from an activity, 
					which is carried out on an average on two out of three days 
					during a solar year. 
					 
					"The circuit means movement of people and resources, 
					investment and opportunities for development," Domenicali 
					said. "Ferrari believes in this facility and wants to make 
					the most of it in the future with new initiatives. From the 
					organizational point of view this facility represents 
					excellence not only in Italy but in the whole world. I want 
					to thank everybody working here: it's a slim organisation, 
					made almost entirely by people from the region, who know how 
					to give it all with commitment and professionalism." 
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