P1racenews AI automatic summary:
The local economy on Phillip Island is braced for devastation in the wake of MotoGP moving to Adelaide
“The decision to move the Australian Grand Prix from Phillip Island to Adelaide in 2027 has created fear of economic devastation within the local community on Phillip Island. The Victorian government had been willing to provide funding to upgrade the circuit facilities in an effort to keep the event at Phillip Island, but MotoGP ultimately chose to relocate to Adelaide.
This news sparked backlash from fans on social media, while riders have expressed support for the decision. However, the impact on Phillip Island’s economy and local job market is expected to be significant, as the event generates over $50 million and nearly 300 full-time jobs for the region.
Local representatives, such as Bass MP Jordan Crungale, have voiced their disappointment over losing the prestigious event, which has been a major contributor to the area’s economy and tourism. Efforts are being made to explore future opportunities for hosting alternative major events that can benefit the local community and region.
The move of MotoGP to Adelaide marks the end of an era for Phillip Island, which has been the traditional home of the Australian Grand Prix since 1997. The potential loss of World Superbikes after 2027 adds to the challenges faced by the island in maintaining its status as a premier motorsport destination.”
