Quote:
Originally Posted by Trevor
and just to clarify - it is OK for Winton to run at a loss running a Supercars event but it is not OK for Supercars to run at a loss running at PI - ****ing hypocrites
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We know you have an axe to grind, but it is getting monotonous.
If a business makes a loss with a particular event that's the discretion of the management. I do it in my business if it suits the overall strategy or needs of the business, which might be bigger than a single thing which can run as a loss leader.
Jeff Grech's comments may inform the decision to continue running it, even if its loss making, in that he believes the Supercar event creates a halo effect that drives the demand for so many other bookings throughout the entire year, as people want to drive on the track that the main game drives on.
Also a decision by someone in an area like that may take into account the wider economic impact of accomodation and meal venues, like the recent kerfuffle where the council caused the cancellation of the Tyabb Air show because of a serial complainer, only to find the entire town is behind the event. Having attended and raced at Winton many times and having family that own businesses in Benalla, it isn't a stretch to say Winton could run an event with the broader community benefit in mind.