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Saturday, March 19, 2011
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McLaren Formula One driver Jenson Button of Britain takes the chequered flag to win the Australian F1 Grand Prix in Melbourne in this March 28, 2010 file photo. The 2010 Australian Grand Prix posted a A$49.2 million ($46 million) loss, local media reported on Thursday, placing further pressure on the state government to justify the burden on taxpayers. The Australian Grand Prix Corporation (AGRC) said the global financial crisis had continued to have a "significant impact" on the loss-making race, local media quoted the organisers' annual report, which was tabled in Victoria state's parliament. REUTERS/Mick Tsikas/Files (AUSTRALIA - Tags: SPORT MOTOR RACING POLITICS BUSINESS)Don't miss the top stories of the day, subscribe to the SpeedRead Web newspaper now! -- Email SpeedRead -- Learn more about author C.D. Six
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