Organisers of the Australian Grand Prix hope to limit the budget of the event to $60 million this year. One of the areas which will likely receive the most attention in this cost saving exercise is construction expenditure. In addition a concerted effort will be made to attract big spending corporate clients, by making the event more comfortable for them, with the view to increasing revenue while cutting expenses. Organisers also hope to attract bigger crowds in general this year. Speaking to Australian journalists this week, Australian Grand Prix Corporation chief executive Andrew Westacott said: 'What we're doing to make sure that we hold it at similar levels – in fact, we want to...
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