F1 » Coulthard hits out at Albert Park protestors


David Coulthard hits out at those protesting about the costs involved in the Australian Grand Prix at Albert Park

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richard

February 12, 2013 1:38 PM

morgan. i posted this on another thread on sunday, and i got a number of disagrees from some mindless readers. but as i said then, commisserations to DC

back on topic, i seem to remember others providing figures that showed that Melbourne in general, made far more out of the gp, than it cost them.

until another aussie track becomes available, i am all for this race.

FrozenCandle

February 12, 2013 1:51 PM

Pulled from the Australian Grand Prix Corporation's annual report...

"There are few international sporting events bigger than Formula 1 and while the costs of staging such an event are high, the combined economic and branding benefits are enormous."

"Formulamoney, an annual, independent data report on the business of Formula 1 based in London values the global exposure of Melbourne during the 2012 event to be in the region of $217.2 million, an increase of 13.9% on 2011."

elijah

February 12, 2013 2:45 PM

DC lives in the millionaire retreat Monaco, where fans have to pay the highest ticket prices but the locals benefit most from the GP. I hear Bernie charges near nout to have it there. No wonder DC is so smug.

Liam48

February 12, 2013 3:03 PM

Taxes go to things that some people enjoy and to things that some people don't enjoy I think that's what Coulthard is refering to. Some people are a bit too quick to jump down his throat. I would like to hear the rest of the interview as well.

Also I would like to send my condolenses to David and his family after the sudden death of his sister.

Oli

February 12, 2013 4:07 PM

As someone who was wholly against my government spending GBP9bn of taxpayers money on the Olympics, I can sympathise greatly with my friends in Melbourne who do not want the GP (although it's a positive bargain by comparison to London 2012).

Although I love motorsport, it's not everyone's cup of tea.

What it really comes down to is whether the actual cost of the GP is really covered by the additional boost the economy sees as a result of it. The difficulty is that is impossible to measure.

Although I am certain the UK economy did not benefit to the tune of GBP9bn from the Olympics. Some politicians had a nice ego boost though. Good for them.

anton - Unregistered

February 12, 2013 5:07 PM

100% agree with DC, bang on - too many people like to complain for a living. The UK was full of anti Olympics nutters who were not willing to accept that the vast majority of UK citizens were looking forward to it

Droog

February 12, 2013 5:50 PM

The myopic NIMBY set always amazes me, no matter where in the world they raise their little heads. I have to assume that the fine folks in OZ simply do not understand what an asset they are trying to get rid of. There are MANY Cities and Countries that are bending over backward to get an F1 race, and these people are trying to dump the one they have. And not because of poor attendance numbers or declining interest in OZ, but because they have nothing better to whine about. The only reason that I would vote against telling them to stuff it, is that I love the track, love the Aussies as well. There are very few more ardent Motorsports fans in the world, but they need to fightback against these soccer moms, for all F1 fans sake.

KGBVD - Unregistered

February 12, 2013 7:18 PM

The Quebec Government puts over $40M CND into the grand prix every year (Bernie-fee, infrastructure development etc.). They say it is worth it for the city. Walk down Cresent on the GP weekend and you will see why. Estimates are that it brings $120M to the city's economy.

If the Ozzies don't want it, there are a dozen places who do.

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