Dear Friend.
It's really a hard target to reach there, its will be tightly packed and fully jammed,
No cab driver will agree to take you there.
Yes, u can reach some where closer to it, then You must have to walk miles and miles, because parking area will be far away from the main parade area (corniche).
I don't want to scare you, but I always prefer to watch this program on air properly... -:)
Best of luck.....