The audit focused on the due diligence conducted in deciding to contract the A1GP category, ongoing monitoring of contract performance, governance arrangements established by the Department of Communities and other key entities responsible for the State Government’s contribution to the event, the financial implications of early termination of agreements in relation to the A1GP category and the probity and propriety of the processes and decision making.

The scope of the audit was to:

• examine the governance arrangements established by the Department of Communities, GCEC and GCMEC for the State Government’s contribution to the event
• consider the appropriateness of the due diligence performed by GCMEC in deciding to contract the A1GP category to participate in the Gold Coast event
• consider financial, probity and propriety implications, if any, of the early termination of these agreements
• an analysis of the circumstances with a focus on governance and due diligence including the adequacy of contractual oversight and management of the event including the sanctioning agreement with A1GP Australia
• provide conclusions and recommendations on the implications for government with regard to governance and due diligence for the future staging of the event.