$33M Contribution to the Economy
DRIVING LONG BEACH’S ECONOMY.
TOGETHER WE WIN™
Serving the Community and
Building for the Future of Tomorrow
The Grand Prix of Long Beach is engrained in the fabric of the Long Beach community and creates a large economic impact on the city and the region each year. With worldwide recognition, the Grand Prix of Long Beach touches the entire community, by generating construction projects and investments, increased retail consumer spending, as well as increases in hospitality and tourism.
Serving the community means being a part of the economy today and building for the future of tomorrow. By partnering, Banc of California and the Grand Prix Association of Long Beach are committed to this future by providing financial literacy and on-the-job training to local students to help them along the path of financial success.
Each year over 150 high school students participate in a full day of learning about the science and business of the Acura Grand Prix of Long Beach. This event includes junior and senior students from Cabrillo, Jordan, Poly, McBride, Millikan, Sato and Avalon high schools who are studying engineering, green power and business at their schools.
$1.8M in Tax Revenue
600 Employment Positions
Providing Invaluable Education to Help Plan for the Future
“Our students gain valuable work-based learning experiences through our partnership with the Grand Prix Association and Banc of California,” says Peter Davis, LBUSD assistant superintendent of high schools. “Students enjoy an up-close look at how to build and maintain high-tech race cars, and they learn about the numerous businesses, services and occupations involved in a major event like the Grand Prix. The whole experience is a fun and exciting way to open students’ eyes to an array of career opportunities available to them.”
By partnering, Banc of California and the Grand Prix Association of Long Beach are committed to this future by providing financial literacy and on-the-job training to local students to help them along the path of financial success. We will continue to grow our investment in community partnerships that have significant positive impact on future generations of California, including investments in high-impact regional organizations such as the Grand Prix of Long Beach.
HEAR FROM OUR VOLUNTEERS
“Banc of California has supported the Long Beach Unified School District and our long-time client, the Grand Prix Association of Long Beach, in its development and execution of their financial literacy programs for students. Together we really do win! We are proud partners of these two organizations. Together we believe, with the continued investment in our youth and communities, we can make a difference in California.”
– C. Garcia, Vice President of Community Development, Banc of California