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Old 10 Sep 2018, 09:36 (Ref:3849156)   #12
spook
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Join Date: Dec 2001
Posts: 542
spook should be qualifying in the top 10 on the grid
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Originally Posted by Trevor View Post
Let's see if it happens first - gonna need more than the figure they are quoting - just look at the $110m spent at Tailem Bend
A big chunk of that $110M would have gone into the 100 bed hotel - not something that Mildura have in mind as far as I am aware.

Before TB the last circuit built was QR - it cost $9.3M in 1999, which in todays dollars is around $22M, so to build a 3.2km track with equivalent facilities would cost the same (excluding land cost) as a ball park estimate.

What the EOI will do is tell the council how much of the building cost they will have to wear to get an investor on board. A very necessary step.
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