Posts Tagged 'Grand Prix'

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Grand Priconomics 2013

Posted on September 29th, 2013 · Posted in Blog

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

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God’s gift to economic reports and analysis

Posted on May 4th, 2013 · Posted in Blog

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


Blowout! A cost benefit analysis of the Australian Grand Prix

Posted on March 13th, 2013 · Posted in News

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

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Victorian Events Industry Council lobbies against Victorian Tourism Industry Council members

Posted on January 28th, 2013 · Posted in Blog

A press release from the Victorian Events Industry Council put out last week at first seems unsurprising.   The first line of the press release should be enough for you to.. read more

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Major Events Mathematics in the Australian Grand Prix Corp Annual Report

Posted on December 18th, 2012 · Posted in Blog

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

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Comperio Research: Masters of Major Events Mathematics

Posted on November 28th, 2012 · Posted in Blog

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

Grand (Prix) Theft Auto – Melbourne Grand Prix economic update

Posted on March 3rd, 2012 · Posted in News

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

Review of Grand Prix economic assessment

Posted on November 19th, 2011 · Posted in News

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

Grand Prix economic assessment released!

Posted on August 2nd, 2011 · Posted in Blog

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

Grand Prix economic assessment

Posted on July 12th, 2011 · Posted in Blog

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