Is it a good idea to build a MotoGP racetrack for 180 mn EUR amid an economic crisis?
The track will be in Hajdúnánás and the government announced in June that they will build it for 65 billion HUF (178 mn EUR). On Friday, they decided to give a further 2.2 mn EUR to complete the project.
Based on the plans, the racetrack will be ready by 2023 and they will use it to organize world championships on it.
László Palkovics, minister of innovation and technology, said before that they will build a hotel, and an education and a conference centre, as well. He added that, from a marketing viewpoint, organizing a MotoGP is like organizing a Formula 1 race. However, nobody knows whether the ministry made a cost-benefit analysis or a feasibility study in the issue.
Source: telex.hu
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Yay or nay? – 6 odd Hungarian delicacies that make our skin crawl
Budapest tourism “exploded” this past weekend
Container transport in Budapest may stop: How will this affect Hungarian economy?
Minister: Hungary will protect its territory by every means possible
Orbán cabinet may double airspace fee: another ticket price increase?
Hungary expanding the list of prohibited designer drugs
1 Comment
It is a very bad idea, of course. However, it will surely turn out to be a great idea for some of the usual oligarchs friend of…