Legislative Council: Wednesday, February 03, 2021

Contents

Superloop Adelaide 500

In reply to the Hon. K.J. MAHER (Leader of the Opposition) (12 November 2020).

The Hon. R.I. LUCAS (Treasurer): I have been advised:

The overall expenditure on the Adelaide 500 was approximately $30 million, offset by corporate partnerships, hospitality and ticket sales. The net cost of the event was over $10 million.

The South Australian Tourism Commission has provided the following estimates of the economic benefit of the 2020 Adelaide 500:

Economic benefit of $38.6 million;

354 jobs created.