{"id":8408,"date":"2010-09-16T07:26:58","date_gmt":"2010-09-16T11:26:58","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=8408"},"modified":"2010-09-16T07:26:58","modified_gmt":"2010-09-16T11:26:58","slug":"australian-gp-costs-taxpayers-50m-report","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/australian-gp-costs-taxpayers-50m-report\/","title":{"rendered":"Australian GP costs taxpayers $50m &#8211; report"},"content":{"rendered":"<p>This year&#8217;s Australian grand prix cost taxpayers almost $10 million more than the previous Melbourne race.<\/p>\n<p>The 2010 loss tips the scales at $49.2 million, more than double the loss of 2006, according to a report in The Australian newspaper.<\/p>\n<p>The figure emerged in the Australian Grand Prix Corporation&#8217;s annual report, insisting the global financial crisis continues to have a &#8220;significant impact&#8221; on the Albert Park event.<\/p>\n<p>Additionally, a further $7.8 million will be spent on improvements to the venue, located around public parklands south of the city.<\/p>\n<p>Ten years ago, the race lost less than $4m annually.<\/p>\n<p><em><span style=\"color: #c0c0c0;\">\u00a9 RIF | GMM<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This year&#8217;s Australian grand prix cost taxpayers almost $10 million more than the previous Melbourne race. The 2010 loss tips the scales at $49.2 million, more than double the loss of 2006, according to a report in The Australian newspaper. The figure emerged in the Australian Grand Prix Corporation&#8217;s annual report, insisting the global financial &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[1100,5262,5340],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/8408"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=8408"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/8408\/revisions"}],"predecessor-version":[{"id":8409,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/8408\/revisions\/8409"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=8408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=8408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=8408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}