The long-term future of the ArmorAll Gold Coast 600 is reportedly set for discussion today, with Gold Coast members of the Queensland parliament set to meet to agree to an outcome to keep the popular event on the V8 Supercars calendar.
The event’s contract expires at the end of the 2013 season, and decision to extend the terms of the deal must be made by June.
According to the Gold Coast Bulletin newspaper, locals MPs will attend a briefing session with Tourism, Major Events and Commonwealth Games Minister Jann Stuckey, and they will be invited to express their thoughts about the event’s future, particularly on how the event can become more cost-effective and inject more revenue into the region.
One proposal is for Tourism and Events Queensland to package its major events funding in a combined amount for the Gold Coast event and its fellow Queensland rounds in Townsville and Ipswich.
“We are looking at how we can assist these events to grow in a way that gets return on investment for the State Government,” she said.