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Grand Prix blames $21m loss on Games

June 12, 2018
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The staging of the 2006 Commonwealth Games in March, directlybefore this year’s Melbourne Grand Prix, stripped sales from theFormula One race, according to a report. – (The Age — 16 hours ago)
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The Australian Formula One Grand Prix made a loss of 21 million Australian dollars (US$15.6 million; ?12.3 million) in 2006, due partly to Melbourne’s staging of the Commonwealth Games earlier the same month. (International Herald Tribune — 13 hours ago)
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Melbourne’s formula one Grand Prix reports its biggest loss, butthe State Government insists the race is still value for moneydespite a $21 million deficit this year. – (The Age — 7 hours ago)
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