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 Australian F1 GP to be axed in 5 years?

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Cynic
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PostSubject: Australian F1 GP to be axed in 5 years?   Fri Jan 28, 2011 9:07 am

http://uk.eurosport.yahoo.com/25012011/23/australian-gp-jeopardy-row-erupts-melbourne-future.html

As a F1 fan, I'm extremely annoyed. As a Victorian, I don't know what to think.
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Sparky_Hughes
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sat Jan 29, 2011 6:47 am

I'd be very frustrated if we lost the GP. Yes it costs taxpayers $$$, but the $$$ we'd make back in tourism and exposure of the city would far outweigh the $$$ hosting it. Doyle is an idiot.
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Cats11
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sat Jan 29, 2011 11:28 am

Sparky_Hughes wrote:
Doyle is an idiot.[

Thumbleft
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Svoerman
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sat Jan 29, 2011 12:40 pm

Its GONEEEE.

As much as it should stay and how it exposed Melbourne to the world. A 50m cost to a 160mill return is just too small a ratio for a goverment to maintain. The majority of tax payers want it gone and their money spent on more things more important to Melbourne, and as a goverment who would want to be re-elected the smart move is too dump it (assuming the forcasted losses happen)

As much as I want it to stay, I wouldn't give a shit if it goes - as I don't attend.
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Cynic
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sat Jan 29, 2011 12:57 pm

Wait ... 50m cost for a 150m return? As in, 3x the money we spend is returned to us?

If it's spent on retarded shit like Myki, no wonder some people think it's a waste of money. But don't play the Aussie F1 organisers for that.
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Svoerman
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sat Jan 29, 2011 1:09 pm

Returned through othermeans... hotels shops ect.
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Cynic
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sat Jan 29, 2011 1:11 pm

And that's a bad thing for us? (I'm confused)
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sun Jan 30, 2011 12:20 am

no, but the money can be used for better things.

The main plus of that money going to hotels ect is employment. However the goverment could spend that money in verious projects around victoria - upgrading schools, roads ect. Those projects would also have the employment benifits for the state plus a much greater longer term benifit.
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TheFeldster
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Sun Jan 30, 2011 6:14 am

Should never have taken it from Adelaide, tbh. Wink
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Hank Moody
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Tue Feb 08, 2011 4:29 am

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Cynic
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Tue Feb 08, 2011 4:43 am

Let them have it.
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Kiwinhaiti
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PostSubject: Re: Australian F1 GP to be axed in 5 years?   Tue May 24, 2011 11:11 pm

Give it to New Zealand the government there likes to waste money.
2 million dollar plastic waka(maori canoe) anyone ?
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