Grand Priconomics 2013
The excitement of reporting season is here and in pole position for the Chairman’s report optimism race is GP Chairman, Ron Walker in the Grand Prix corp’s annual report: I am.. read more
The excitement of reporting season is here and in pole position for the Chairman’s report optimism race is GP Chairman, Ron Walker in the Grand Prix corp’s annual report: I am.. read more
Yes, that’s how Australian Grand Prix Corporation CEO Andrew Westacott recently described Economists at Large. He was responding to our report for Save Albert Park, Blowout! A cost benefit analysis.. read more
The 2012 Australian Grand Prix resulted in a net economic loss to Victoria of between $48.7m and $66.7m dollars, with a mid estimate of $60.6m. These estimates include not only.. read more
We recently looked at Tourism Victoria’s use of Major Events Mathematics in analysis of the Australian Grand Prix, claiming the event brought Victoria $35.6 million dollars of “media value”, despite.. read more
Earlier this year I mentioned that the last straw of economic credibility the Australian Grand Prix had was Tourism Victoria’s assertion that it “provides a media or advertising-equivalent value of.. read more
Its that time of year again – when Victoria hands over the park and the money to Bernie Ecclestone, Bernie demands more, taxpayers complain and the Vic government bends over… read more
As promised in blog posts we have reviewed the Tourism Victoria and Ernst and Young Grand Prix economic assessment. We believe the Grand Prix does not provide a net benefit and.. read more
The pen is truly mightier than the sword! In my recent BLOG POST I talked about my attempts to get hold of the economic assessment of the 2012 Australian Grand.. read more
Economists at Large have been interested in the Australian Grand Prix at Albert Park for many years. We did some work for anti-GP group, Save Albert Park, several years ago,.. read more