The Queensland Government has today announced that the V8 Supercars will remain on the Gold Coast for another three years.
At a press conference this morning, Gold Coast Mayor Tom Tate said it was a ‘win win win’ situation.
“Fantastic day for our city as we secure this iconic event for another three years,” Mayor Tate said.
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“I applaud the organisers and State Government for securing this deal which not only brings tens of thousands of visitors to the coast but broadcasts our city to millions of race viewers around the globe. Gentlemen, start your engines for 2017 and beyond.”
The deal also includes the Castrol EDGE Townsville 400 for the next three years.
“This is a great win for the Gold Coast and Townsville,” the Premier said.
“Securing these events for the Gold Coast and Townsville will deliver around 200,000 visitor nights and $80 million in economic benefit each year.
“We recognise the importance of the Gold Coast and Townsville as leading tourism and events destinations and are committed to delivering the best events for the community.”