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VIDEO: The battle for Melbourne

The long-term future of the Australian Grand Prix will be debated on the grounds of value-for-money for Melbourne taxpayers.
The Australian Grand Prix may be a popular event within the F1 fraternity, but it has long been the subject of debate over its viability, particularly in the light of escalating cost to the local taxpayer.

With the race's current contract expiring in 2015, talks over an extension have been given the green light provided the event can provide value for money.



Tagged as: contract , Melbourne , Australia

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