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Victorian economy benefits from WSBK

Discussion in 'General Motorcycling Discussion' at netrider.net.au started by dan, Jul 22, 2005.

  1. http://www.autoindustry.co.uk/news/industry_news/19-07-05_18

    "The Australian Round of 2005 Superbike World Championships at Phillip Island was worth AUS$16.7 to the economy of the state of Victoria."

    :shock: :shock: :LOL: :LOL:

    It would seem the economic benefit was that someone bought a meat pie and drink from the servo during their stay :D
  2. That is actually a glowing economic endorsement.

    The state underwritten average annual loss for the F1 Grand Prix is typically over $10m. Your taxes at work.

    :evil: :evil: :evil:
  3. I'll take $16.70c over a $10 million loss every time! :LOL:
  4. The figures are certain to be pretty speculative, whether they show a profit or a loss. It'd be interesting to see the assumptions on which they're based.

    Do you really think they can accurately assess whether the SBK produced a $16.7m benefit to the economy, as opposed to a $16.6 or $16.8m benefit?

    And if the F1 officially only cost us $10m, I'd love to know what the real figure is!
  5. The World Supers is underwritten by PI Ops and not the GP Corp, the Moto GP is a GP Corp event.

    A lot of the GP infrastructure is used but PI Ops pays to use it.