Jump to content

SailGP


Recommended Posts

28 minutes ago, CarpeDiem said:

To me, it feels unintelligent to conclude, that because we don't know why gravity works we shouldn't trust the science behind counting dolphins. 

Others may conclude that because there is 15,000 of them, one yacht race isn't going to cause their instantaneous extinction. ;-)

Link to post
Share on other sites
5 minutes ago, K4309 said:

Others may conclude that because there is 15,000 of them, one yacht race isn't going to cause their instantaneous extinction. ;-)

I think that would be an opinion not a conclusion.

A school teacher once told me that opinions are like arse holes, everyone has one.

 

  • Haha 1
Link to post
Share on other sites

While we are applying science, here's some from the dismal science.

SailGP is estimated to have generated a nett economic benefit to Christchurch of about $1m.   Nett local and national government contribution to the event was approximately $2.05m.  So a nett $0.50 of benefit for every $1 invested.  Yes, it generated an estimated $4m of activity, but half of that was money from govt - in other words govt paid people to go and spend.

"Fresh Info said the estimated net benefit to the city - which measured the gross benefits minus the gross costs of hosting the event - was more than $1m.

By comparison, last August's All Blacks vs Argentina rugby test match in Christchurch delivered a net benefit of about $700,000, while Six60's stadium concert brought in about $755,000."

It would seem that other events have a far higher ROI - neither the rugby nor Six60 where underwritten by government grants.

 

Link to post
Share on other sites
13 minutes ago, aardvarkash10 said:

While we are applying science, here's some from the dismal science.

SailGP is estimated to have generated a nett economic benefit to Christchurch of about $1m.   Nett local and national government contribution to the event was approximately $2.05m.  So a nett $0.50 of benefit for every $1 invested.  Yes, it generated an estimated $4m of activity, but half of that was money from govt - in other words govt paid people to go and spend.

"Fresh Info said the estimated net benefit to the city - which measured the gross benefits minus the gross costs of hosting the event - was more than $1m.

By comparison, last August's All Blacks vs Argentina rugby test match in Christchurch delivered a net benefit of about $700,000, while Six60's stadium concert brought in about $755,000."

It would seem that other events have a far higher ROI - neither the rugby nor Six60 where underwritten by government grants.

 

Oh neat, 

Lies, Damn Lies and Stats.

so what you are saying is that SailGP had 30% greater economic benefit than the All Blacks and Six60...

Link to post
Share on other sites
1 hour ago, K4309 said:

Oh neat, 

Lies, Damn Lies and Stats.

so what you are saying is that SailGP had 30% greater economic benefit than the All Blacks and Six60...

no, what I am saying is that the rugby and six60 each produced 75% of what the SailGP did with 100% less govt funding.

Taking it further, they produced that at one-day events, so on a pe- day basis they actuially exceeded SailGP by around 50% each.

And no wrangling about wildlife.

 

Link to post
Share on other sites
3 minutes ago, aardvarkash10 said:

no, what I am saying is that the rugby and six60 each produced 75% of what the SailGP did with 100% less govt funding.

Taking it further, they produced that at one-day events, so on a pe- day basis they actuially exceeded SailGP by around 50% each.

And no wrangling about wildlife.

 

Ah, but the number of international attractions / events available to Chch is significantly limited. The percentage increase of economic benefit due to SailGP is substantial.

If the All Blacks and Six60 contributed $1.4mil combined, and SailGP contributed $1mil (net, as you say) then sailGP has increased economic contribution to Chch from International Events by 71.4%

That is an extra million bucks the good hotel operators of Chch would not have got if it weren't for SailGP ;-)

  • Like 1
Link to post
Share on other sites
1 hour ago, K4309 said:

Ah, but the number of international attractions / events available to Chch is significantly limited. The percentage increase of economic benefit due to SailGP is substantial.

If the All Blacks and Six60 contributed $1.4mil combined, and SailGP contributed $1mil (net, as you say) then sailGP has increased economic contribution to Chch from International Events by 71.4%

That is an extra million bucks the good hotel operators of Chch would not have got if it weren't for SailGP ;-)

no, thats the impact across the entire economy.  It includes labour, power companies, food sales, taxis, supermarkets, hookers, the casino...

Lets contextualise further.  Canterbury's GDP in 2022 was almost $45,000m (https://webrear.mbie.govt.nz/theme/gdp-totals/map/barchart/2022/canterbury?accessedvia=canterbury&left-zoom=1&right-transform=absolute). 

Sail GP economic activity has been estimated at around $4.5m, so therefore represents approximately 0.01% of GDP for the year.  Margin of error stuff.  Big in raw numbers, but not substantial in context.

Or, in common sense terms, not "not worthwhile" but not "woohoo, we MUST do this its a total no brainer".

Link to post
Share on other sites
15 minutes ago, aardvarkash10 said:

hookers, the casino...

 

Crickey aardvark, are you suggesting sailors might engage the services of hookers?!?

That is a bit controversial, what would the good folk at the Royal NZ Squadron say?

(Any port in a storm)

PS I wonder what economic impact hooker have?

  • Haha 1
Link to post
Share on other sites
2 minutes ago, K4309 said:

Crickey aardvark, are you suggesting sailors might engage the services of hookers?!?

That is a bit controversial, what would the good folk at the Royal NZ Squadron say?

(Any port in a storm)

PS I wonder what economic impact hooker have?

drives activity in the medical industry.

And divorce lawyers.

Link to post
Share on other sites

Hang on are you saying that a privately owned sailing event catering to a special interest group has cost taxpayers millions 🧐.... again!

  • Upvote 1
Link to post
Share on other sites

“We were just as shocked as anyone,” Slingsby said.

“We were just going upwind and got out to a nice lead and were happy until the wing inverted the wrong way.

“There was a button malfunction. Essentially the boat registered that a button had been pressed which hadn’t been. When this button on the boat malfunctions and it inverts the wing it’s pretty much an instant capsize.

“We saw this happen with the US team in Bermuda, but the difference is that theirs was caused by human error — someone accidentally pressing the button to invert the wing — whereas ours was caused by the tech malfunctioning.”

 

Link to post
Share on other sites
On 17/04/2024 at 4:40 AM, Priscilla II said:

I do agree with Brian space could well be infinite.

 

Bit like stupidity....

  • Haha 1
Link to post
Share on other sites
12 hours ago, brendong said:

If Auckland then there's where's the course? ...........Up and down the habour (Westhaven to Orarkei)? Whilst it's a convenient Wednesday night course it's still a crap course on what we have to offer further out in the Gulf,

 

Manakau harbour with the finish line at Mangere bridge/Onehunga wharf . No dolphins or ferries or even muppets on the water . Might need some dredging though 

Link to post
Share on other sites
11 minutes ago, Steve said:

My money's on Queenstown.  

No dolphins, no Auckland Council BS.

That's assuming NZ even gets another chance to cock it up.

Do they ever use air freight for the boats ? Queenstown would be a stunning spot if they can get the circus there on budget 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...