Financial Planning And Impact Tipped Scale Rankings For RWO In Key West

[Speed on the Water]

With the highest score of any bidder, Race World Offshore has a considerable advantage over its competitors heading into the final Key West City Planning Commission in early May, https://speedonthewater.com/in-the-...act-tipped-scale-rankings-for-rwo-in-key-west.

 

[fund razor]

It doesn't matter how GOOD you are. It matters how much you are kicking back.

 

[Ratickle]

That is just BS. :ack2:

 

[lucky devil]

"While the individual RFPs for each bidder have not been released, Race World Offshore predicted it would be profitable in its first year producing the races and included revenue sharing with the city as part of its proposal, according to Cox."

Revenue sharing with Key West always existed during SBIP promoted races: the city billed SBIP for all the city services provided,including police,fire,electricity,sanitation etc etc

There was no risk-sharing between the promoter and the city and the city greatly benefited from collecting increased tax revenues generated by those attending the races.