January 11th 2008
V8s event will cost $6M says candidate
With burn-outs regularly disturbing Magnetic Island's peaceful ambience, hot cars frequently roaring through its quiet streets and drink drivers still common, it is interesting to hear of research put forward by independent candidate for the coming Townsville City Council election, Adrienne Isnard, who claims the V8 Supercar race event will cost the community $6M, glorify speeding, jeopodise Townsville Healthy Cities and Safe Communities International Accreditation from the World Health Organisation and detract from our Solar City status.
"The Safe Communities accreditation alone took 4 years of hard work to achieve and it needs to be re-accredited every 5 years. Can we afford to lose all that achievement for a one off feel good event which studies have shown will actually cost our local economy at least $6 million more than it earns (and what is earned will not stay here), and that is just a conservative estimate," writes the candidate.
According to Ms Isnard, recent studies and research of such events around Australia, show clearly that these events actually cost the host city and state about $6.8 million.
Employment opportunities are, she claims, also approximately 60% less than estimated and attendance figures are approximately 50% less than expected.
"But if you factor in the health and injury costs to the mix these events become unjustifiable no matter what spin is put on them."
She claims that a recent South Australian study shows an increase in average speeds of drivers around the time of the Grand Prix with an estimated $5.8m in accident costs attributed to the glorification of speed and daring hyped up in media reports about the event.
In a recent Townsville Bulletin report, "V8 Supercars boss," Tony Cochrane said he, "believed the event would inject at least $30 million into the local economy" but Adrienne Isnard responds in her blog saying, "My facts and figures were based on sound research from universities around Australia and the Victorian Govt Auditor General's May 2007 report." and describes his comment as "cobblers".