The Archivist

1 May

1 May · 08:58 UTC

I can’t really talk about Council business, but a couple of important general points about Mount Panorama. Council doesn’t run the racing events, and therefore isn’t entitled to a huge share of the revenue from those events. Like when Elton John came to Bathurst, he hired the Council stadium, but that doesn’t entitle Council to a huge percentage of his ticket sales. Just a fee for venue hire. The same applies to the Mount. The main revenue from the races at Mount Panorama is to the businesses and residents in town, not to Council. Tens of millions.

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