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Giro d’Italia: How major Events drive Italian authenticity around the World

04/10/2026

As part of the ninth edition of Il Festival dello Sport di Trento, organised by La Gazzetta dello Sport and Trentino Marketing together with the Autonomous Province of Trento, the Municipality of Trento, the University of Trento and the Trento Tourist Board, under the patronage of CONI and the Italian Paralympic Committee, the new Bike Business Forum was held at Palazzo della Regione. The Forum was organised by RCS Sports & Events in collaboration with ICE – the Italian Trade Agency.

 

For the third consecutive year, the event was part of the Festival’s rich programme, focusing on the Giro d’Italia and exploring the impact that major international sporting events such as the Italian stage race can generate in host territories in terms of infrastructure and long-term legacy, as well as their ability to strengthen the country brand, creating value for businesses operating in sectors of excellence and enhancing the overall global appeal of Made in Italy.

 

Following opening remarks by Urbano Cairo, President of RCS MediaGroup, and Matteo Zoppas, President of the ICE Agency, TV and sports presenter Barbara Pedrotti moderated contributions from Paolo Bellino, CEO and General Manager of RCS Sports & Events; Vassil Terziev, Mayor of Sofia; Andrea Mauri, CEO of Cantù Arena; and  Maurizio Rossini, CEO of Trentino Marketing.

Quotes

Urbano Cairo, President of RCS MediaGroup: “We are proud to have brought the Business Forum to Il Festival dello Sport in Trento for the third consecutive year. The presence of so many stakeholders confirms the importance of discussing how the strength of a major sporting event can work hand in hand with the country brand and with the infrastructure that remains after the race. Routes, services and mobility improvements do not fulfil their purpose only during the days of competition: over time, they increase the accessibility and attractiveness of the places they pass through. The Giro d’Italia generates an impact worth €2.1 billion in the territories that host it, but by travelling across the country, it also brings an Italy made up of local products, businesses and outstanding supply chains to screens around the world through the media. The visibility a territory gains during the event, in fact, translates not only into value for the tourism sector, but also into greater interest in what that territory produces. This is where the Corsa Rosa intersects with a broader theme such as Made in Italy”.

 

Matteo Zoppas, President of the ICE Agency: “The bike economy has now become a rapidly expanding economic, social and productive ecosystem, definitively moving beyond the old perception of cycling as simply a hobby or a passing trend. We are not talking only about the sale of Made in Italy bicycles, but about an entire supply chain capable of generating real value for the country. In recent years, combined with cycling tourism, the bicycle has established itself as an environmentally friendly and efficient means of transport for rediscovering territories: every pedal stroke thus becomes a unique opportunity to promote the environment, explore hidden villages and experience landscapes from a new perspective, from a natural, artistic and food-and-wine point of view. Our partnership with RCS MediaGroup, now in its fourth edition, was created precisely to support companies in their internationalisation efforts through the involvement of the overseas network of Agenzia ICE, turning major sporting events into concrete business opportunities. Through formats designed to showcase production districts — such as ‘Giro Express’ — and dedicated Business Forums, we are implementing an integrated promotional strategy. This initiative highlights the sports industry within the broader ‘diplomazia della crescita’ strategy, aimed at using major events, athletes and sporting successes as a driving force to promote Made in Italy excellence, exports, tourism and technological innovation abroad. The results confirm the value of this approach: in 2025, the entire Made in Italy bicycle supply chain generated €805.5 million in exports, up 6% compared with 2024. This positive trend continued in the first half of 2026, with €459 million in exports, a further 6.9% increase compared with the first six months of the previous year. Germany (€148 million) and France (€122 million) remain the main export markets, accounting for 18.3% and 15.1% respectively, followed by Spain with €69 million (8.5%). Together, these three countries account for as much as 42% of the sector’s total exports”.

 

Paolo Bellino, CEO and General Manager of RCS Sports & Events: “The Giro d’Italia represents an extraordinary opportunity to promote the bike economy and tourism, given the significant economic impact it is capable of generating. It is also an event of great importance for our Made in Italy brand. We have seen this clearly with the Grande Partenze held abroad: we have heard first-hand accounts from those who have experienced them and understood the significant impact the Giro can have on the economies of host countries, as well as on our exports and our ability to reach international markets. I believe, however, that the most important aspect of the Giro d’Italia, and the one that is most strongly felt as the race passes through cities, is the growth of what we might call the ‘GDP of happiness’. The Corsa Rosa is truly a celebration of Italy, an opportunity to showcase our country in the most authentic way and to discover its beauty through its people and its regions. More than 400 municipalities along the route, over 10 million people lining the roads: an audience witnessing a major sporting event, because the Giro is, first and foremost, an extraordinary sporting competition, but it is also, above all, a great celebration for the people”.

 

Vassil Terziev, Mayor of Sofia: “Hosting the Giro d’Italia Grand Départ was a landmark moment for Sofia and Bulgaria. More than 250,000 people took to the streets of Sofia, while over 25,000 cyclists took part in the mass rides. At the same time, around 800 million people worldwide followed the Giro, giving Bulgaria an extraordinary opportunity to showcase its energy, openness and spirit to a global audience. The value of an event like this goes far beyond the days of the race: it attracts visitors, creates opportunities for local businesses and strengthens Sofia’s visibility as a destination for tourism, investment and international events. Above all, the Giro demonstrated what we can achieve when institutions, businesses, organisers, volunteers and citizens work together. We have created strong momentum, and now we have the opportunity to build on it further”.

 

Maurizio Rossini, CEO of Trentino Marketing: “Races come to an end, but what they build must remain. The infrastructure developed in Val di Fiemme for the Milano Cortina 2026 Olympic and Paralympic Winter Games gives us a clear commitment: to keep it alive every day, put it at the service of the territory and continue hosting major international competitions. This means strengthening Trentino’s tourism offering and providing our young people with world-class facilities where they can discover sport, train and grow. The same vision guides our relationship with major cycling events such as the Giro d’Italia and, looking ahead, the 2031 UCI Cycling World Championships. Their value lies in their ability to generate services, expertise and new opportunities connected with cycling, delivering lasting benefits for local communities. Turning this potential into a tangible legacy requires clear, shared objectives and a territory capable of moving forward in a cohesive way”.

 

Andrea Mauri, CEO of Cantù Arena: “The development of a new venue represents a tangible and lasting legacy for the territory in which it is located. Thanks to its multifunctional nature — designed to host sport, entertainment and business events — Cantù Arena will be the perfect stage for national and international events, becoming a landmark for the entire community while generating a reputational return for the city and a concrete direct and indirect economic and social impact over time”.

As part of Ifis Sport, Banca Ifis’s division dedicated to the economic analysis of sport and created by Chairman Ernesto Fürstenberg Fassio, Carmelo Carbotti, the bank’s Head of Strategic Marketing & Research, presented the findings of a new study on the Giro d’Italia Grande Partenza, opening the Business Forum.

 

The study highlights how a Giro d’Italia Grande Partenza from Italy represents a concrete opportunity to enhance territories and promote Italian excellence, with an estimated economic value of €387 million. According to Banca Ifis’s Research Department, the stages involved in the Grande Partenza provide an opportunity for fans to organise a fully-fledged holiday, with around 700,000 spectators attending in person. They travel in groups of three, attend an average of 2.8 stages per person and generate almost 2 million attendances overall, with average daily spending of €129 per person, benefiting hospitality, retail, restaurants and other local services.

 

Spectator spending and the organisational cycle of the event generate €98 million in direct economic benefits for the territories involved, supporting local businesses and operators throughout the tourism supply chain during the event. Media exposure for the territories along the route, together with the experience of spectators, encourages new tourism flows over the following 12–18 months, contributing a further €289 million in deferred economic impact and consolidating the tourist appeal of the territories involved.

 

The panel that followed the Banca Ifis presentation highlighted the synergy between major sporting events – first and foremost the Giro d’Italia – the country brand and permanent infrastructure capable of generating economic value for territories.

The Forum then turned its attention to food and wine cycling tourism as a driver of Made in Italy, with a discussion highlighting how soft mobility and the excellence of Italy’s agri-food supply chains represent strategic tools for promoting and protecting Italian excellence internationally. The visibility generated by a major event and the development of infrastructure contribute to increasing the value of cycling tourism, while also enhancing the global appeal of Italy’s food and agricultural products.

 

BUSINESS, TRADE & TERRITORY

 

The final session focused on business, trade & territory: attracting international buyers and companies through Italian authenticity, exploring the relationship between economic activities and the territories in which they operate. The discussion examined how territories can influence business and, conversely, how trade can contribute to transforming the surrounding environment. It highlighted how the authenticity of bike-friendly destinations and the quality of local production can attract international buyers, retailers and foreign investment, with a final focus on the resulting economic impact.

 

The Bike Business Forum highlighted how the promotion of territories and Made in Italy, driven by major events and cycling tourism, can generate economic benefits by attracting international buyers interested in purchasing high-quality Italian products, supporting Italian companies seeking to expand into foreign markets. Likewise, international consumers exposed to sporting events or who have experienced cycling tourism in Italy can develop a greater propensity to purchase Italian products around the world.

 

Trento once again confirms how the Giro d’Italia goes far beyond the sporting context, becoming a powerful accelerator of social, cultural and economic development, capable of generating value and innovation well beyond the competitive aspect.

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