Was The Grand Prix Beneficial For Melbourne
Issues Part -B-
Was the Grand Prix, promoted as "The Great Race" which was held at Albert Park
beneficial for Melbourne, or was it just a huge waste of taxpayers money? The
race was televised to 650 million people in 130 different countries is expected
to pump $50 million into the Victorian economy every year and boost tourism
enormously.
I along with the owners of seventy-two percent of hotels, motels, restaurants
and other entertainment complexes agree that Albert Park having the Grand Prix
will have a positive impact on business. Infact it pumped $10 - $15 million into
local business. This will mean these businesses did ....
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