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Was The Grand Prix Beneficial For Melbourne - Online Essays

Was The Grand Prix Beneficial For Melbourne

Issues Part -B-
Was the Grand Prix, promoted as "The Great Race" which was held at Albert Park
beneficial for Melbourne, or was it just a huge waste of taxpayers money? The
race was televised to 650 million people in 130 different countries is expected
to pump $50 million into the Victorian economy every year and boost tourism
enormously.

I along with the owners of seventy-two percent of hotels, motels, restaurants
and other entertainment complexes agree that Albert Park having the Grand Prix
will have a positive impact on business. Infact it pumped $10 - $15 million into
local business. This will mean these businesses did put on more part time staff
who will be gaining valuable work ...

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This could
convince people to come and visit Melbourne and would also be a major tourism
boost.

Approximately $23.8 million has been spent overhauling the park and upgrading
the Lake side track. They built better fences and barricades to help protect
spectators in case of a crash, and the track is said to be the safest and
finest in the world, creating a benchmark for Albert Park. Temporary seating
will cater for 150,000 people, and there was approximately an attendance of
400,000 over the four days. 9,000 part-time jobs and 1,000 full-time jobs were
created over the weekend.

The "greenies" are still trying to stop the race at Albert Park. First it was
"Save The Park" and now it's "Stop The Grand Prix." At first they protested
about the cutting down of hundreds of trees to make way for the track. But this
has been overcome by the replanting of 5000 new trees which would cover 16
football ovals. This is almost double the amount of trees that were there
previously. They don't care ...

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Was The Grand Prix Beneficial For Melbourne. (2006, April 28). Retrieved April 19, 2024, from http://www.essayworld.com/essays/Was-The-Grand-Prix-Beneficial-Melbourne/45132

"Was The Grand Prix Beneficial For Melbourne." Essayworld.com. Essayworld.com, 28 Apr. 2006. Web. 19 Apr. 2024. <http://www.essayworld.com/essays/Was-The-Grand-Prix-Beneficial-Melbourne/45132>

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PAPER DETAILS

Added: 4/28/2006 07:28:56 PM
Category: Economics
Type: Free Paper
Words: 628
Pages: 3

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