Was the Grand Prix, promoted as 'The Great Race' which was held at Albert Park beneficial for Melbourne, or was it just a huge waste of taxpayers money? The race was televised to 650 million people in 130 different countries is expected to pump $50 million into the Victorian economy every year and boost tourism enormously. I along with the owners of seventy-two percent of hotels, motels, restaurants and other entertainment complexes agree that Albert Park having the …showed first 75 words of 626 total…

…showed last 75 words of 626 total…an impact it had on the economy. Probably at the same time next year would be a better time to judge the impact it had. But already we can see the benefits, Albert Park is now known on a international scale, many new jobs have been created, local and big business' have also benefited due to tourism. So it is quite obvious that the race overall was a success with no thanks to the protesters.