Indy 2010 lost less than expected
City still in the hole for $475,000 for earlier expenses
Gordon Kent
Edmonton Journal
Friday, January 28, 2011
The Indy race created less red ink than expected last year, but the city is on the hook for $475,000 to cover earlier expenses and other charges, a new report says.
The 2010 race lost $2.8 million, down from the $3.4-million deficit predicted in the event's budget, according to financial results released Thursday...
gkent@edmontonjournal.com
© Edmonton Journal 2011
Copyright © 2011 CanWest Interactive, a division of CanWest MediaWorks Publications, Inc.. All rights reserved.
CanWest Interactive, a division of CanWest MediaWorks Publications, Inc.. All rights reserved.
http://www2.canada.com/components/pr...7cc4f&sponsor=