Classic Car Week Begins on the Monterey Peninsula

Classic Car Week Begins on the Monterey Peninsula

Classic Car Week Begins on the Monterey Peninsula

Monterey Classic Car Week had its unofficial “kickoff” Friday night with classic race cars being exhibited on Alvarado Street in downtown Monterey.

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This weekend Mazda Raceway Laguna Seca is hosting more than 300 race cars competing prior to next weekend’s Rolex Monterey Motorsports Reunion.

But then the real fun starts.

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Multiple events will take place throughout the week, starting Tuesday with the Concours on the Avenue in Carmel and concluding with the Pebble Beach Concours d’Elegance Sunday.

There should be some minor changes in the week’s events because of the ongoing Soberanes Fire. The most notable change is the rerouting of Thursday’s Pebble Beach Tour d’Elegance.

The Tour will forgo its usual trek south on Highway 1 and back, and instead wind through the Peninsula area to avoid the Soberanes Fire that is still burning in Big Sur and Los Padres National Forest, and east Carmel Valley areas.

“We further salute the efforts of the thousands of firefighters and emergency personnel who continue to attack the Soberanes Fire, and are thankful for the tremendous headway they are making to ensure a safe and clear week for residents, businesses and arriving guests,” said Gill Campbell, CEO and general manager of Mazda Raceway Laguna Seca.

Event organizers have erected a tent at Custom House Plaza, where the RM Sotheby’s Car Auction will take place, providing shelter from possible ash brought about by the wildfire to the south.

Tens of thousands of visitors are expected to converge on the area over the course of this week.

According to a report conducted by the CSU Monterey Bay College of Business, Monterey Classic Car Week and the Rolex Monterey Motorsports Reunion, in particular, is an economic engine for the community.

Rolex Monterey Motorsports Reunion numbers for Y 2015 showed attendance at 65,422; average hotel nights, 3.64; room nights generated, 18,189; direct spending, $18,513,131; and total county and state tax generated, $1,539,131.

More than 85% said they were planning on returning in Y 2016 and 79.4% were more likely to visit during a non-race weekend.

For the week’s events go here: http://www.montereyherald.com/article/NF/20160812/NEWS/160819922

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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