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Taichung mayor defends F1 event subsidy as beneficial

Reporter TVBS News Staff
Release time:2024/10/07 14:15
Last update time:2024/10/07 14:29
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Taichung mayor defends F1 event subsidy as beneficial (TVBS News) Taichung mayor defends F1 event subsidy as beneficial
Taichung mayor defends F1 event subsidy as beneficial (TVBS News)

TAICHUNG (TVBS News) — Taichung Mayor Lu Shiow-Yen (盧秀燕) emphasized on Monday (Oct. 7) that the city government subsidizing an F1 racing event with NT$8 million, which features numerous top-tier racing cars, is a minor expense compared to its potential benefits.

During a city council policy report, Councilor Huang Shou-da (黃守達) criticized the subsidy, highlighting that the event's overall cost is approximately NT$22 million.

 

He argued that the city's contribution of 36% is excessive and may need more resources from other sports organizations. Huang also noted that the Sports Bureau (運動局) added NT$9 million to its 2024 budget to support sports associations. Yet, this showcase event does not align to enhance the city's competitive sports capabilities.

Sports Bureau Director Yu Chih-hsiang (游志祥) defended the subsidy, stating it aligns with its guidelines to promote top-tier events and boost the economy.

However, Huang contended that despite attracting crowds and attention, the event's execution needed more transparency and effective marketing of the city. He urged a focus on promoting racing knowledge and culture to prevent the event from becoming merely a personal showcase for the mayor.

Taiwan Affairs

#Taichung# F1 racing# Lu Shiow-Yen# NT$8 million subsidy# top-tier racing cars# city council policy# Sports Bureau# NT$22 million event cost# promoting racing knowledge# enhancing competitive sports capabilities

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