For the right to operate the Australian Grand Prix in two weeks time the Victorian Government will pay Bernie Ecclestone $47 million. In a civilised society politicians who abuse public trust in this way should be sacked and then jailed. It is a totally disgraceful waste of public monies.
The $47m figure has only just been revealed. Apparently Ecclestone threatened to take the Grand Prix away from any Government which reveals his fee. State Premier Brumby when asked of the fee claimed it is ‘commercial-in-confidence’. I wonder. I suppose I have a nasty, suspicious mind but could it be that political leaders from Kennett to Brumby have paid these bribes to Ecclestone to secure a handful of petrol head votes from among the morons who go in for this ‘sport’. It would spoil the pollie fun to have to tell the adult population of Victoria – most of whom have zero interest in this retarded activity – that they are paying for it.
The Auditor General of Victoria claims that benefits from the Grand Prix had been overstated by $100 million. There is no demonstrated net economic benefit to the state from it. Let’s end this nonsense foreover – no more attempts to buy a few lousy votes for an environmentally-unsound, pointless activity. If moron petrol heads want to watch this sort of activity let them pay for it entirely and include in that the cost of the externalities (reduced amenity values, emissions, noise and increased traffic congestion around the venue). (105)