City of Newcastle acknowledges that the 2020 Newcastle 500 will not form part of the revised 2020 Supercars Australia Championship series following the impact of COVID-19.
\n\u201cThe Newcastle 500 is the largest event on the local calendar.\u00a0The loss of this event in December 2020 and the tens of thousands of overnight bookings, is devastating for accommodation and hospitality providers, who are already under financial pressure from measures required to stop the spread of COVID 19,\u201d Newcastle Lord Mayor Nuatali Nelmes said.
\n\u201cHunter Research Foundation found the Newcastle 500 generates $30.1 million annually for the Newcastle economy alone. The\u00a0$30.1 million\u00a0benefit\u00a0of the event\u00a0would be far higher\u00a0if\u00a0the direct\u00a0economic benefit in neighbouring areas including Port Stephens, Lake Macquarie, Maitland and Cessnock\u00a0were included.
\n\u201cAs the finale of the Supercars Australia Championship series, the Newcastle 500 brings widespread exposure for our city. This 2019 event weekend recorded 344 media stories from Friday 22 to Sunday 24 November, reaching a combined domestic audience of more than 14 million people, with an estimated value of over $2 million.
\n\u201cAccording to Supercars Australia the TV audience for Newcastle 500 peaked at more than 1.8 million viewers with an average of 1.3 million people viewing the three-day event.
\n\u201cWe look forward to the return of Supercars to Newcastle.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
City of Newcastle acknowledges that the 2020 Newcastle 500 will not form part of the revised 2020 Supercars Australia Championship series following the impact of COVID-19. \u201cThe Newcastle 500 is the largest event on the local calendar.\u00a0The loss of this event in December 2020 and the tens of thousands of overnight bookings, is devastating for … Continue reading “Statement on 2020 Newcastle 500”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-6560","post","type-post","status-publish","format-standard","hentry","category-newcastle"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/6560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=6560"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/6560\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=6560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=6560"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=6560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}