00:00It's Benzinga, bringing Wall Street to Main Street
00:02President Trump waved the green flag Sunday to start the Freedom 250 Grand Prix,
00:07an IndyCar race through downtown Washington, D.C., according to the Wall Street Journal.
00:12The event marks the culmination of celebrations for the 250th anniversary of American independence.
00:18Trump earlier took a lap around the course in the presidential motorcade
00:22before Air Force One and four fighter jets flew overhead.
00:25The 1.7-mile circuit runs through the National Mall and features seven turns,
00:31with drivers completing 147 laps for a total of 250 miles.
00:36Penske Corporation organized the race with Freedom 250
00:39after Trump approved the event through a January executive order.
00:43Organizers received more than 288,000 ticket requests for the free event.
00:48Penske is expected to cover the race's cost, which is projected to exceed $20 million.
00:52For all things money, visit Benzinga.com.
