Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/337758 
Year of Publication: 
2023
Citation: 
[Journal:] Annals of Tourism Research Empirical Insights [ISSN:] 2666-9579 [Volume:] 4 [Issue:] 1 [Article No.:] 100094 [Year:] 2023 [Pages:] 1-10
Publisher: 
Elsevier, Amsterdam
Abstract: 
Public/private partnerships staging urban motor-racing events promise a range of dubious "benefits" to the host destination. These high-octane events are notorious for creating controversy over the disruptions they create. This study employs an investigative research method to explore the political economy of the Supercars Newcastle 500 in New South Wales, Australia. Results revealed how strategic misrepresentation and information asymmetry are used as tactics to avoid public scrutiny. The term "magic of major events mathematics" is coined to explain how public expenditure is "hidden" from public view, how costs are transformed into benefits, and how attendance numbers are ghosted. The research examines links between major events and touted leisure and tourism benefits as it questions the ethics of neoliberal governance practices.
Subjects: 
Information asymmetry
Investigative research
Motor racing events
Neoliberal governance
Political economy
Public/private partnerships
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.