Ticket prices slashed

09:55, March 03, 2011      

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Organizers of the Formula One Korean Grand Prix announced big cuts in ticket prices Wednesday to try to fill the stands this year after glitches with the inaugural event in 2010.

Last year's race went smoothly but organizers struggled to attract the crowds amid criticism of sloppy marketing and delays in work to complete the circuit.

The average price of a three-day pass for this year's event on October 14-16 will be 315,000 won ($279), down around 30 percent over last year.

Race-goers who buy tickets from April 1 to August 31 will get a further discount of up to 30 percent.

Source: Global Times/Agency
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