News Details
Australian GP records another heavy loss
Fresh calls for Melbourne to drop Grand Prix as organisers report another heavy loss. As official documents reveal that this year's Australian Grand Prix cost Victoria taxpayers $61m AUD (£37.6m), there have been fresh calls from local environmentalists to give the race to New South Wales. The annual report reveals that while costs dropped by 6%, revenue also fell leaving local taxpayers to pick up a bill not far short of 2015's record $61.7m AUD (£38.1m). Last September, Victoria Premier Daniel Andrews agreed a new deal which keeps F1 in Melbourne until 2023. In a clear bid to taunt newly elected New South Wales Premier Mike Baird, who had previously revealed his intention to...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Low cost tickets impact Silverstone finances
While 139,000 eager fans passed through the turnstiles over the course of...
9y ago from Pitpass.com
Japanese Grand Prix: Teams report from qualifying
Teams and drivers report from qualifying for the Japanese Grand Prix,...
9y ago from GrandPrix247.com
Japanese Grand Prix: Teams report from Suzuka
Teams and drivers report from the Japanese Grand Prix, Round 17 of the...
9y ago from GrandPrix247.com
Silverstone steer toward loss; cheap tickets?
F1 News Silverstone steer toward loss; cheap tickets? Hamilton starts...
9y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
14h ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
1d ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
5d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Two key stars out for Arsenal, as Arteta confirms...
Arsenal will be up against Sporting CP in the UEFA Champions League...
4h ago from CaughtOffside.com
‘Use that fuel’: Mikel Arteta and David Raya urge...
t;li>Team will not panic in wake of City and Southampton defeatsRaya...
3h ago from TheGuardian.com
Arsenal latest: 'We feel pain of back-to-back defeats...
No description available...
3h ago from SkySports.com
Arsenal's injury crisis gives Arteta selection...
Two games, two defeats, two trophies slip out of Arsenal's grasp. If they...
4h ago from SkySports.com
Comments
Hottest News
'I'm the guy': Hollywood A-lister tells Mercedes he can...
If you're a Mercedes F1 reserve driver then look... Read More »
2h ago from GPFans.com
Legendary Ayrton Senna car to go under the hammer for eye...
A Toleman from the maiden F1 season of legendary... Read More »
4h ago from MotorsportWeek.com
Christian Horner named as Audi saviour as new door opens...
Christian Horner has been named as a potential... Read More »
3h ago from GPFans.com
