IRONMAN 70.3 Finland 2018

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IRONMAN 70.3 Finland 2018 GSI Event Study Nokian Tyres IRONMAN 70.3 Finland 2018 Lahti, Finland 30 June 2018 GSI EVENT STUDY / NOKIAN TYRES IRONMAN 70.3 FINLAND 2018 GSI Event Study Nokian Tyres IRONMAN 70.3 Finland 2018 Lahti, Finland This Event Study is subject to copyright agreements. No part of this Event Study PUBLISHED NOVEMBER 2018 may be reproduced distributed or transmitted in any form or by any means BY SPORTCAL GLOBAL or stored in any retrieval system of any nature without prior written permission. COMMUNICATIONS LTD Application for permission for use of copyright material shall be made to Sportcal Global Communications Ltd (“Sportcal”). Sportcal has prepared this Event Study using reasonable skill, care and diligence Author for the sole and confidential use of the Finnish Olympic Committee (“FOC”), Lahti Region and the organisers of Nokian Tyres IRONMAN 70.3 Finland 2018 for Beth McGuire the purposes set out in the Event Study. Sportcal does not assume or accept Research and editorial support or owe any responsibility or duty of care to any other person. Any use that a third party makes of this Event Study or reliance thereon or any decision made based Krzysztof Kropielnicki, Tim Rollason on it, is the responsibility of such third party. The Event Study reflects Sportcal’s best judgement in the light of the information available at the time of its preparation. Sportcal has relied upon the completeness, accuracy and fair presentation of all the information, data, advice, opinion or representations (the “Information”) obtained from public sources and from FOC, Nokian Tyres IRONMAN 70.3 Finland 2018 and various third-party providers. The findings in the Event Study are conditional upon such completeness, accuracy and fair presentation of the Information. Data provided by Study supported by 2 © and database right 2018 Sportcal Global Communications Ltd. All Rights Reserved. GSI EVENT STUDY / NOKIAN TYRES IRONMAN 70.3 FINLAND 2018 GSI Event Study / Nokian Tyres IRONMAN 70.3 Finland 2018 Contents 1 EXECUTIVE SUMMARY 4 2 OVERVIEW 6 3 ECONOMIC 12 4 TOURISM 15 5 MEDIA 29 6 SPORTING 31 3 © and database right 2018 Sportcal Global Communications Ltd. All Rights Reserved. Executive Summary 4 GSI EVENT STUDY / NOKIAN TYRES IRONMAN 70.3 FINLAND 2018 Executive Summary Nokian Tyres IRONMAN 70.3 Finland 2018 Date City, Nation Economic - Detail 30 June 2018 Lahti, Finland Attendance 22,188 Venues Organiser Participants 1,459 1 Midnight Triathlon Events Finland Ltd Spectators 20,000* Other attendees 729 Event Frequency Owner Net organisational €0.4m Annual World Triathlon Corporation spend Direct economic €2.16m impact *estimated spectators Nokian Tyres IRONMAN 70.3 Finland 2018 is an annual triathlon event held in Lahti, Finland. With 2018 being the first edition of the event, Lahti will be hosting at least Tourism - Detail three editions of the event until 2020. The 2018 edition, held on 30 June, saw 1,459 participants take part across an individual race and team relay. Participant and spectator tourism impact Outside of the race, an estimated 20,000 spectators attended the IRONMAN 70.3 Tourism spend in Lahti €1.76m event, with an additional 729 people attending, such as volunteers. Participants €0.44m Spectators €1.32m Based on the tourism survey, it was estimated that around 2,372 spectators travelled with the athletes, generating 4,330 bed nights in the city. Bed nights in Lahti 4,330 Participants 1,645 The event generated a direct economic impact of €2.16 million ($2.52 million), Spectators 2,685 based on a direct tourism spend of 1.76 million ($2.05 million) and an event Satisfaction organiser surplus spend of €0.4 million ($0.47 million). Venue 4.48 / 5 Participants also stated overall that they were satisfied with the venue, the Host city 4.48 / 5 IRONMAN Village, and the host city, Lahti, with both getting a rating of 4.48 out of 5. Sporting - Detail The 1,459 individual participants were from 42 different nations with a continental reach of six. There were 1,110 male athletes and 349 female athletes. The event Individual Participants 1,459 also featured a team relay event, which saw 49 teams competing. Male 1,110 Female 349 Continental reach 6 Competing nations 42 Competing relay teams 49 5 © and database right 2018 Sportcal Global Communications Ltd. All Rights Reserved. Overview GSI EVENT STUDY / NOKIAN TYRES IRONMAN 70.3 FINLAND 2018 Overview Event History The IRONMAN 70.3 event was first held in May 2006, and took place in Florida, Continental breakdown of IRONMAN USA. During the first year, the series was hosted 10 times across four continents: 70.3 events (2018) North America, South America, Europe and Oceania. In 2008, the number of races increased to 27 across five continents. In 2018, the IRONMAN 70.3 calendar included 97 races across six continents. 9 3 In 2018, North America will host the most events, with 37 IRONMAN 70.3 events. 37 Second to that, Europe will host a total of 25 events. Looking across IRONMAN 14 70.3 events from 2010 to 2018, North America has hosted the most events (305), whilst Europe is second (137), and Asia follows (61). South America (36), Oceania (58) and Africa (14) have so far hosted significantly less IRONMAN 70.3 events. 25 IRONMAN 70.3 event will be held in a total of 41 different countries in 2018. 9 Nokian Tyres IRONMAN 70.3 Finland, was the 35th race held in 2018, with further 62 to be held over the latter half of the year. Oceania Africa Asia Europe South America North America Year-by-year breakdown of IRONMAN 70.3 events by continent (2010-2018) 50 45 40 35 30 25 20 15 10 Number 70.3 events IRONMAN Number of 5 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 Year Africa Asia Europe North America Oceania South America 7 © and database right 2018 Sportcal Global Communications Ltd. All Rights Reserved. GSI EVENT STUDY / NOKIAN TYRES IRONMAN 70.3 FINLAND 2018 Overview Event Format The IRONMAN 70.3 is a triathlon event which requires athletes to swim, cycle and run. The ‘70.3’ refers to the total distance, in miles, which is covered during the event. The race itself lasts one day, but pre-competition events and a post- competition award ceremony are often held on the surrounding days. In the IRONMAN 70.3 event athletes swim 1.2 miles (1.9km), complete a 56-mile (90km) cycle and finish with a 13.1 mile (21.1km) run. Each of these segments is half the distance of the original IRONMAN triathlon. Time taken to complete the triathlon varies on numerous factors such as level of the athlete, the terrain, or the weather during the race. Yet the typical range can be from around four hours completed by elite athletes, to the imposed race cut- off, which normally occurs at eight and a half hours after start time. The elite athletes starting in the event have an earlier start time, and are later followed by a rolling age-group start. Nokian Tyres IRONMAN 70.3 Finland 2018 competition schedule 28 June – 1 July 2018 Date 28 June 29 June 30 June 1 July IRONMAN village Awards ceremony and IRONMAN village opens Morning opens and athlete IRONMAN village opens IRONMAN 70.3 World and athlete registration registration Championship slot allocation Pro male start Nokian Tyres IRONKIDS Afternoon Pro female start Pasta Party Rolling age-group start Pro race briefing and Race briefing in Finnish Athletes finish the race and Evening press meeting and English flower ceremony 8 © and database right 2018 Sportcal Global Communications Ltd. All Rights Reserved. GSI EVENT STUDY / NOKIAN TYRES IRONMAN 70.3 FINLAND 2018 Overview Host Profile Finland Key Facts Size 338,424 km2 Population 5,495,096 (2016) GDP(PPP) $43,090 (2016) Capital Helsinki GSI Cities Index* 91 * GSI Nations Index is Sportcal’s proprietary index which analyses the hosting and bidding of major sports events and ranks nations by the cumulative score of the events that nation has Popular sports in Finland include cross-country skiing, ski jumping, athletics, ice hosted. hockey, floorball and motorsports, such as Formula One and the World Rally More information on GSI Cities Index Championship. www.sportcal.com/impact Numerous international competitions are held in Finland each year. In 2017, Finland hosted the World Figure Skating Championships and the FIS Nordic World Ski Championships. As an event organiser, Finland is known to be a reliable and environmentally conscious event host. In the coming years, Finland will host the IIHF World Women’s Championships 2019 and the IFF Men’s World Floorball Championships. Selected events hosted in Finland (2011-2020) YEAR SPORT EVENT CITY 2011 Synchronised skating World Synchronized Skating Championships Helsinki 2011 Triathlon ITU Winter Triathlon World Championships Jämijärvi 2012 Ice hockey IIHF World Championships Helsinki 2012 Triathlon ITU Winter Triathlon World Championships Jämijärvi 2013 Ice hockey IIHF World Championships Helsinki 2013 Orienteering World Orienteering Championships Vuokatti 2015 Biathlon 47th World Biathlon Championships Kontiolahti 2015 Floorball Floorball Women’s World Championships Tampere 2017 Figure skating World Figure Skating Championships Helsinki 2017 Sailing ISAF Women’s Match Racing World Championships Helsinki 2017 Skiing – Nordic FIS Nordic World Ski Championships Lahti 2018 Soccer U19 UEFA European Championships Vaasa, Seinäjoki 2018 Athletics U20 IAAF Athletics World Championships Tampere 2019 Ice hockey IIHF World Women’s Championship TBC 2019 Skiing - Nordic FIS Nordic Junior World Ski Championship Lahti 2019 Synchronised skating World Synchronized Skating Championships Helsinki 2020 Floorball IFF Men’s World Floorball Championships Helsinki 9 © and database right 2018 Sportcal Global Communications Ltd. All Rights Reserved. GSI EVENT STUDY / NOKIAN TYRES IRONMAN 70.3 FINLAND 2018 Overview Host Profile Lahti Key Facts Size 517 km2 (2017) Population 119,188 (2017) GSI Cities Index* 91 * GSI Cities Index is Sportcal’s proprietary index which analyses the hosting and bidding of major sports events and ranks cities by the cumulative score of the events that city has hosted.
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