Are we trying to be convinced that the income was …

Comment on Giles commits $7.8m for petrol heads spectacular by Surprised!.

Are we trying to be convinced that the income was in excess of $1.3m? or $16m?
If we spend $1.3m a return of 30% would be appropriate so can we expect $1.86m per year over the next 6 years?
At 13,500 spectators divided by $1.3m is $96.29 per person.
Or we can use the “Massive” $16m, which is more attractive to me, or we could use the difference between the $1.3m and $16M. ($14.7m), but I’ll stay with the $16m.
We are not told how many visitors there were, but lets say is was 2,000 (additional).
That’s why Adam Giles says a “Massive” boost, because based on 2,000 visitors means that each person would have spent $8,000 each.
Even if we said 5,000 visitors, that still $3,200 per person.
No wonder the Government has trouble with numbers and OUR taxpayer money.
By deliberately not providing ALL the essential data (numbers), it is impossible to calculate the actual benefit, or indeed Loss.
I am keen on the Motor Sporting events, but true life says, if you don’t have the money, you’ll have to do without it for a while.
There are far better things we should spend the money on with immediate effect and benefit.
I will sleep easier knowing that my future and my children’s future is in safe hands!
The only thing bad about voting, is that in the end, you still end up with a politician.

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