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Tag Archive | "Albert Park"
GRAND PRIX COSTS $50 MILLION BUT IS SYDNEY READY TO POUNCE ?
The 2011 Australian Formula One Grand Prix cost Victorian taxpayers in excess of $50 million to run, the Victorian State Government announced today. Meanwhile, an independent costing report has estimated the immediate economic benefits to range between $32 million and $39 million and created 350 jobs. Despite this, Victorian tourism minister Louise Asher defended her government's subsidy of the race. 'You have to look at the whole year, at ongoing branding of Melbourne,' she said earlier today. This year's expense was a $700,000 increase on last year's estimated $49.3 million loss.
Continue reading...DWYER TAKES FIRST F5000 WIN AT ALBERT PARK
Saturday, March 26, 2011
British driver Mark Dwyer (Lola T400) topped a truly international podium after the first MSC F5000 Tasman Cup Revival series race at the Formula 1™ Qantas Australian Grand Prix meeting in Melbourne today. Dwyer was untroubled to win today’s 8-lap race, crossing the finish line just over 20 seconds ahead of Australian Aaron Lewis (Chevron B24) and [...]
Continue reading...MELBOURNE’S GP ON BORROWED TIME ?
Sunday, January 23, 2011
Melbourne's Formula One Grand Prix looks to be on borrowed time with calls by the City's Lord Mayor to axe the race once it's contract is up in 2014. Writing in the top selling Australian newspaper The Herald-Sun, Melbourne Lord Mayor Robert Doyle said the Grand Prix had run it's race. "...it has been 20 fantastic years, the benefits to the city and the state have been enormous, but the cycle has run its course." he said. "In the end, it will be a government decision and one of the tough ones that Ted Baillieu faces in his first term. Does he undo the legacy of Jeff Kennett, his mentor, in his very first term and, ironically, through the same minister to first get the event, Louise Asher? My judgement would be: Get ready. Time's up."
Continue reading...GRAND PRIX OFFERS 2 SEATER F1 RIDE FOR QUEENSLAND FLOODS
Monday, January 17, 2011
The 2011 Formula 1™ Qantas Australian Grand Prix is auctioning off the once-in-a-lifetime experience to ride in a two-seater F1 race car to raise funds to support Queensland flood victims. The ebay based auction begins on Monday 17 January and ends on Friday 28 January 2011. Visit www.grandprix.com.au to find out how to win this adrenalin-charged [...]
Continue reading...IS THE CAMS, AGP DEAL UNDER THREAT ?
Sunday, December 26, 2010
Is the recently signed agreement between CAMS and the Australian Grand Prix Corporation regarding the running of the 2011 Australian Grand Prix already under threat? Sources close to the Australian Grand Prix Corporation have told In Pit Lane that the AGP Corp. are furious with CAMS over their recent media releases and statements about the deal, which they say was a clear breach of a confidentiality clause in the agreement. According to the source, a letter has been sent to CAMS informing them of the alleged breach and the Corporation's anger. The Corporation has also allegedly sought advice from Australia's Competition watchdog the ACCC regarding their concern that CAMS role as the sole FIA approved Motorsport body in Australia may be in breach of Australia's anti monopoly laws. Clive Banfield, Media & Communications Co-Ordinator for CAMS told In Pit Lane that he had been in recent meetings with the AGPC and was not aware of any such problems.
Continue reading...WALKER WARNS CAMS ON AUSTRALIAN GP
Friday, November 12, 2010
The Australian Grand Prix is again under threat over an argument involving fees paid to the sport's Australian National Sporting Association (ASN) CAMS. Australian Grand Prix boss Ron Walker has called on CAMS to drop its' organising fee for the event, said to be around $800'000 AUD. In a remarkable display of pots describing kettles as less than pristine, Walker has accused CAMS of holding the event to ransom. Mr Walker said that CAMS was a monopoly and demanded that services supplied by CAMS be put out to tenderm a request backed up by acting CEO for the event Andrew Westacott. “The AGPC contract with CAMS has expired. Any new contract entered into by AGPC is reviewed to ensure the scope of works and services provided are competitively costed and any cost savings are delivered. CAMS have been invited to submit a proposal for the supply of the services relating to the role of race organiser at the Formula 1 Australian Grand Prix. “ CAMS is Australia's FIA approved ASN and are responsible for providing flag marshals, scrutineers, and other volunteers essential to the safe running of the Grand Prix.
Continue reading...AUSTRALIAN GP GOING NOWHERE: Well not to Calder anyway
Thursday, September 23, 2010
There will be no move of the Australian Grand Prix to Melbourne’s Calder Park despite ludicrous mainstream media speculation. Local media was awash with reports that a heads of agreement signed between Calder Park, CAMS and the Victorian State Government could see the race moved to Calder from it’s current location at Albert Park. The agreement says [...]
Continue reading...POLICE TO CHARGE “HOON” HAMILTON
Saturday, March 27, 2010
2008 World Champion Formula One driver Lewis Hamilton has become a victim of the Victorian Government's Anti-Hoon laws after he was pulled over by Victorian Police last night. Hamilton was leaving the Albert Park circuit when he allegedly did a burnout in his road going Mercedes. In a statement issued by McLaren late last night Hamilton said: "This evening, I was driving in an over-exuberant manner and, as a result, was stopped by the police. "What I did was silly, and I want to apologise for it."
Continue reading...F1: PINNACLE OR RIDICULE ?
Thursday, March 25, 2010
The Formula 1 circus has once again returned to Melbourne for the annual Australian Grand. Amidst the controversy of the processional previous race of Bahrain as well as the poor organization and lack of performance of the new teams, I’m thankful that I am no longer a fan to what is supposed to be the pinnacle of motor racing. Unlike previous years when I was living and breathing Formula 1, where I would be literally stalking drivers and know first hand when and where they will make appearances. I no longer have any feelings for any of this; and given how poorly Formula 1 at large continues to treat its fans, I would not at all be surprised if a queue of dissatisfied former Formula 1 fans forms behind me from all over the world. I am at a loss to understand a sport which requires a “working group” to encourage and manufacture an on track action called “overtaking”. It is beyond ridiculous that such a basic action of the sport has to be encouraged or manufactured by a committee for it to actually happen in the arena. Matters are not helped either by today’s Formula 1 drivers.
Continue reading...MELBOURNE TO LOSE F1 OPENING RACE ?
Friday, August 28, 2009
Melbourne's traditional place as the opening round of the World Formula One Championship may be under threat with Bahrain rumoured to replace the Victorian capital as the season opener. According to SpeedTV.com & Autosport, team bosses have been shown a provisional calendar for 2010 in which Melbourne becomes the second round of the season. Melbourne GP boss Ron Walker has always put great value on Melbourne opening the season, often claiming his "special" relationship with Bernie Ecclestone would ensure the Australian race the prestigious first round. Media Spokesperson for the Australian Grand Prix Corporation Laura McLachlan said that the Corporation had no comment to make at this stage "until the FIA releases the official calendar"
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