Has the Taupo Race Circuit been sold?

[Mark Petch]

Originally Posted by Just Do It!

With due respect, Mark, you told the story. I just listened intently and got curious.

My Bad, humble apologies JDI, I am guilty of zeroing in on your suggestion of a consortium! which is as I said before, is most unlikely, given Mr Quinn's wealth and reputation.

Apparently it was a very quite meeting mainly attended by Car club member's anxious to know about track booking etc.

The Shareholders meeting on the 26th, next week, will be the decision making time for the shareholders who have to vote on writing off their entire investment or alternatively advertising the circuit for sale to a much wider international audience, and trusting they may salvage something out of the track's current debt load to the Bank and the Taupo District Council.

It seems Tony think's the facilities are very drab and need an 'injection' of colour plus a lot of landscaping to beautify the racetrack etc, and then, following a 3 month track closure, would be re-opened under a new name and management etc.