Have both Hampton Downs and the Taupo circuit been sold?

Southern Man · 7 Apr 2013, 21:46 (Ref:3230609)

Strong rumours around the Otago Rally at the weekend that both these circuits have a new owner

bluespur · 7 Apr 2013, 22:27 (Ref:3230629)

Wow ! that is really interesting - and did the rumours come up with Who?

nistfan · 8 Apr 2013, 02:32 (Ref:3230672)

Quote:

Originally Posted by Southern Man

Strong rumours around the Otago Rally at the weekend that both these circuits have a new owner

I was chatting to a share holder of Taupo circuit just the other day and he didnt mention it.

Tenders close for Hampton Downs on the 17th April (Unless Sold Prior). So it would have to be a very good offer or there was no other interest if it is sold.

socram · 8 Apr 2013, 07:58 (Ref:3230750)

It is the body corporate AGM for HD on Wednesday. Needless to say, the apartment owners who were the initial investors in HD, are keen to know what is happening, as there are issues regarding any potential sale, but there haven't been any rumours around here, other than we do know there has been a lot of interest, both local and overseas.

socram · 10 Apr 2013, 02:12 (Ref:3231795)

Just returned from the AGM.

HD has NOT been sold.

Tenders don't close until April 17th.

Chris and Tony are not obliged to accept the highest or any offer.

They are determined to see the complex finished as planned.

We knew the track was operating at profit and has been for the last 18 months so it is not a fire sale.

In simple terms, it needs a cash injection to get the track extension (a money earner) built to give the three circuit configurations (compared to Pukekohe's 1 of course!) plus the control tower and permanent hospitality suites. In no way has track construction ever been compromised by the ongoing financial battles, though landscaping plans had to be scaled back.

I hope that clears that up. We can all guess that Tony Quinn isn't out of the loop either, as the Highland Park and HD tracks are totally different from a business and potential income perspective.

nistfan · 27 Apr 2013, 01:18 (Ref:3239848)

Does anybody have any information on What Happened After Tenders Closed for HD on the 17th.
When they opened the Tender Box did anything fall out?

socram · 27 Apr 2013, 05:10 (Ref:3239883)

Quote:

Originally Posted by nistfan

Does anybody have any information on What Happened After Tenders Closed for HD on the 17th.
When they opened the Tender Box did anything fall out?

Quite a bit of interest and negotiations are ongoing.

Goat Boy · 28 Apr 2013, 20:48 (Ref:3240335)

Quote:

Originally Posted by socram

Quite a bit of interest and negotiations are ongoing.

Hope they get a result - I would love to see the circuit and surrounding complex completed.

The SpeCTator · 28 Apr 2013, 21:15 (Ref:3240341)

Quote:

Originally Posted by Goat Boy

Hope they get a result - I would love to see the circuit and surrounding complex completed.

HProject · 29 Apr 2013, 10:26 (Ref:3240527)

Alan Dick's 'Oversteer' automotive Facebook page posted this message this evening:

"HAMPTON DOWNS
Word is that a consortium of Australians has bought Hampton Downs, outbidding a consortium of Kiwis. The Australian group does NOT include Tony Quinn. Does anyone know anything of this Australian group?"

socram · 30 Apr 2013, 00:20 (Ref:3240818)

More unsubstantiated rumours I suspect. As soon as you see "word is", either the poster knows a lot more than they are letting on, or are just publishing a story.

We have already had rumours to say that Tony Quinn and Kim dot.com have purchased it...

Word is that former Prime Minister Helen Clark and her finance minister, Dr Cullen, have probably purchased it, to atone for her government's expensive opposition to the initial project and will donate all profits to the NZ pension fund, as that will appease many of the NZ posters on here, who are already pensioners - or are rapidly nearing that status - and it will encourage them to vote for a change of government.

JAFA851 · 30 Apr 2013, 02:35 (Ref:3240843)

Haha nice one Ray

HProject · 30 Apr 2013, 04:21 (Ref:3240856)

Quote:

Originally Posted by socram

More unsubstantiated rumours I suspect. As soon as you see "word is", either the poster knows a lot more than they are letting on, or are just publishing a story.

I thought posting that the source was Alan Dick was enough of a grain of salt

socram · 30 Apr 2013, 04:54 (Ref:3240861)

You are not the first person to make that comment to me today!

NZSTfan · 30 Apr 2013, 05:26 (Ref:3240870)

Classic stuff Socram

Although imagine if kim.com did buy it? Wonder what sort of lap times he could do

2 minutes something maybe....?

Goat Boy · 30 Apr 2013, 06:31 (Ref:3240873)

Quote:

Originally Posted by NZSTfan

Classic stuff Socram

Although imagine if kim.com did buy it? Wonder what sort of lap times he could do

2 minutes something maybe....?

No! Haven't you seen that video clip he made where he beats Kimi Raikkonen around the Nurburgring?

promax · 30 Apr 2013, 06:32 (Ref:3240874)

i'm sure he's still got enough money to go under 2 min

Kim Dotcom on the Ring!

Goat Boy · 30 Apr 2013, 06:56 (Ref:3240882)

Not quite sure what part of the "Ring" they edited out, but if he can do a sub-8 min. lap around there weighing what he does then I'm a dachsund's uncle...

HProject · 30 Apr 2013, 07:32 (Ref:3240893)

Quote:

Originally Posted by Goat Boy

Not quite sure what part of the "Ring" they edited out, but if he can do a sub-8 min. lap around there weighing what he does then I'm a dachsund's uncle...

Half the video being in fast-forward probably explains the time

nistfan · 30 Apr 2013, 09:50 (Ref:3240926)

Quote:

Originally Posted by socram

More unsubstantiated rumours I suspect. As soon as you see "word is", either the poster knows a lot more than they are letting on, or are just publishing a story.

We have already had rumours to say that Tony Quinn and Kim dot.com have purchased it...

Word is that former Prime Minister Helen Clark and her finance minister, Dr Cullen, have probably purchased it, to atone for her government's expensive opposition to the initial project and will donate all profits to the NZ pension fund, as that will appease many of the NZ posters on here, who are already pensioners - or are rapidly nearing that status - and it will encourage them to vote for a change of government.

Kim Dot.com , can't see him getting OIA Consent

FAS33 · 30 Apr 2013, 10:32 (Ref:3240939)

Quote:

Originally Posted by promax

i'm sure he's still got enough money to go under 2 min

Kim Dotcom on the Ring!

not bad for a fat kent hehe, must play Forza 4 everyday..

promax · 30 Apr 2013, 10:45 (Ref:3240943)

Quote:

Originally Posted by FAS33

not bad for a fat kent hehe, must play Forza 4 everyday..

if he's got enough coin to make himself appear as fast Kimi.. i really don't think he needs to play any games

FAS33 · 30 Apr 2013, 10:56 (Ref:3240944)

he could use a bit of excercise once in a while, or more.

Goat Boy · 30 Apr 2013, 21:40 (Ref:3241137)

Yes after Parekura Horomia's recent departure, both he and Gerry Brownlee should be sweating (even more than they probably already do...)

NZSTfan · 30 Apr 2013, 23:56 (Ref:3241164)

Quote:

Originally Posted by promax

i'm sure he's still got enough money to go under 2 min

Kim Dotcom on the Ring!

That is classic. the Michelin man exists! My god he moves around a fair bit in that car, its like watching a beach ball in the boot of a car.

Still, must be a petrolhead then. Maybe he could buy HD? At least there would always be free wifi at the venue, oh and of course a 'cloud' where you can upload things mega.

Interesting too that the merc he is driving has a NZ number plate.....so he takes his toys overseas to do these things. oh to have that much money

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