Bradesmaen
TheBrownDog
The idea is that hotel revenue etc which isn't counted is part of the overall revenue of the event because it's paid for by the State Government. Total net benefit is hard to see.
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I was successful in the ballot, but decided not to use it after I finally got through the queue to discover that prices had been jacked up an extra 25% with their "dynamic pricing model"... will login again tomorrow during general sale. FFS Ticketmaster!!I don't really know how the ballot worked, but I just got an email saying I wasn't successful
that's what successive governments have said. but the details are at best sketchy.Surely just seeing the Melbourne blip on the spinny globe as it spins around at the start of every F1 telecast is worth all of the dollars spent on it
BigFooty Racing Team has a nice ring to itIt'll be so expensive you might as well go further and participate in a support race.
BRT Alpine F1 TeamBigFooty Racing Team has a nice ring to it
Profit for who?And yet the event doesn’t turn a profit.
Yeh I think countries are starting to see through a lot of the myths about the so called benefits of big event hosting like the Olympics, World Cups, Commonwealth Games etc..Profit for who?
Rest assured that the FIA and everyone in their circus makes a handsome profit.
The huge subsidy paid by the Victorian Government to keep the event in Australia has never been about turning over a financial profit. It's been about the economic benefits to the state economy.
And if you believe the economic modelling (paid for by the Vic Government) showing substantial multiplier benefits in terms of jobs, income and tourism benefits that far outweighs the $100m taxpayer subsidy provided every year to stage the GP then I have a bridge to sell you.
Look I have zero problem with State and Federal Governments subsidising big sporting events, if its proven to be in the public interest and what the voters want. But the way EVERY state government pumps up the economic returns from subsidising those events using BS rubbery figures really ticks me off. Be honest ffs - we get it - it's about bread and circuses/ rant.
Obviously it depends on the cost of hosting. Big events like the Olympics etc require far more capital outlay than an F1 race, although they would reap more back as it's 2+ weeks long and on TV all the time to more of an audience.Yeh I think countries are starting to see through a lot of the myths about the so called benefits of big event hosting like the Olympics, World Cups, Commonwealth Games etc..
However given F1 is in a boom state in terms of following, seems like everyone is still clamoring to host an F1 race. I reckon this will die off in a few years once the reality of it all sets in (that the locations outlay most of the cost, and see little of the return comparatively). I think in time we will return to a 20 race calendar
Big FRTBigFooty Racing Team has a nice ring to it
I thankfully got in and snagged a 4 day park pass in todays sale... Was 1,200th in the queue when it opened, and still had the 25% dynamic pricing increase on top of the "advertised price" in play the bastards!!Tickets for Sunday in Melbourne were gone at the public on-sale this morning
I thankfully got in and snagged a 4 day park pass in todays sale... Was 1,200th in the queue when it opened, and still had the 25% dynamic pricing increase on top of the "advertised price" in play the bastards!!
Curious to see what ends up on Tixel in a few months
still, i'd like to (reliably) know how much the state is stumping up.Yeh I think countries are starting to see through a lot of the myths about the so called benefits of big event hosting like the Olympics, World Cups, Commonwealth Games etc..
However given F1 is in a boom state in terms of following, seems like everyone is still clamoring to host an F1 race. I reckon this will die off in a few years once the reality of it all sets in (that the locations outlay most of the cost, and see little of the return comparatively). I think in time we will return to a 20 race calendar