THE ‘REAL’ FACTS
Why is the Formula 1 Grand Prix the misfit in Melbourne’s successful sports industry?
While all of Melbourne’s successful sporting events provide a benefit to the economy, this government-run event, using a failed business model, causes a net loss to the Victorian economy in excess of $60 million annually.
It has corrupted both major parties and survives on false and misleading claims.
SAP has produced many Fact Sheets over the years. Here’s one from 2018.