Taupo Motorsport Park

Post a reply

Confirmation code
Enter the code exactly as it appears. All letters are case insensitive.
Smilies
:) :o :D ;) :p :mad: :confused: :( :rolleyes: :cool: :eek:

BBCode is ON
[img] is ON
[url] is ON
Smilies are ON

Topic review
   

Expand view Topic review: Taupo Motorsport Park

Re: Taupo Motorsport Park

by rf84 » Tue Mar 03, 2015 11:59 pm

Maybe he was intending to break the monopoly that MNZ has on motor racing in NZ?
If you want an example of how that can be achieved, study the case of Paul Samuels and the Wakefield Park circuit in NSW.

Re: Taupo Motorsport Park

by ERC » Tue Mar 03, 2015 8:04 pm

Quinn:

“I think I could have gone a long way to sorting out motorsport in New Zealand,” he said. “You can’t do it without two tracks.”

That is one deep comment and one can only wonder what his 'fix' for NZ motorsport means.

IF he means bringing the Aussie GTs and maybe even Aussie V8s to two NZ tracks, much as that would go down really well in most people's eyes, I don't see that as 'sorting out motorsport in NZ'.

I'd like to know what he really meant, as I suspect that there would probably be more losers than winners...

Reading books about Bernie Ecclestone for example, is enough to know that one person with too much power (and money) may indeed do a lot of good for the sport - but they can also do irreparable harm. The person who has gained the most from BE's take over of F1 is of course, BE.

Re: Taupo Motorsport Park

by TonyG » Tue Mar 03, 2015 10:20 am

Re: Taupo Motorsport Park

by TonyG » Tue Mar 03, 2015 10:15 am

Its official, Quinn was rejected by 30% of the shareholders so he is now looking at spending his money here in Australia and is looking at Willowbank. Will see if I can find the link to the article I read it in.

Re: Taupo Motorsport Park

by touringcarfan » Mon Mar 02, 2015 6:39 am

Hi Guys, I have been reading through this thread and nobody has mentioned anything about another possible buyer. Mr Quinn might not be the one interested in buying Taupo as I have heard another name mentioned. That person is named in one of the links posted.

Anthony

Re: Taupo Motorsport Park

by Jac Mac » Fri Feb 27, 2015 7:12 pm

[color="#0000CD"]Take a few minutes to look at the link posted by Carlo #29 this thread Dale- financial statement between 11 Sept/01 Oct 2012 sort of spells it all out.[/color]

Re: Taupo Motorsport Park

by Carlo » Fri Feb 27, 2015 8:22 am

Kiwiboss wrote:If the TCC has voted not to sell the track then they mustn't be under financial pressure to sell it? which is what i thought the situation was!! So why has all this come about???? was it just "someone" want to buy and the TCC needed a shareholders meeting as such to discuss??

Dale M


Taupo Motorsport Park Ltd is under pressure and by all accounts TMP shareholders turned down an offer of less than $4 million for the place, mind you it is about $6.5 million in the red. Scuttlebutt has TMP being offered for sale on the International market

Taupo Car Club along with friends are now one of the parties that maybe looking at purchasing. Sure hope they can pull it off.

Re: Taupo Motorsport Park

by Kiwiboss » Fri Feb 27, 2015 7:32 am

Oldfart wrote:Just in my email
Dear Class Representatives, Competitors and Race Contacts.


The Taupo Motorsport Park (TMP) Shareholders meeting last night, voted against the resolution to sell to the interested buyer. So that’s great news for now for bookings and it’s business as usual at this stage at the Taupo Motorsport Park.



Regards

Terry O’Brien and Melanie Coleman

Taupo Car Club Representatives

TCC Logo - medium


If the TCC has voted not to sell the track then they mustn't be under financial pressure to sell it? which is what i thought the situation was!! So why has all this come about???? was it just "someone" want to buy and the TCC needed a shareholders meeting as such to discuss??

Dale M

Re: Taupo Motorsport Park

by Oldfart » Fri Feb 27, 2015 2:27 am

Grimme, I don't know.

Re: Taupo Motorsport Park

by Rod Grimwood » Fri Feb 27, 2015 2:13 am

Oldfart, is this the same Terry O'Brien who raced a V8 Capri back in 80s'in Sports Sedans and dabbled with jet boats and was at Whyteline Ltd Paeroa.

Re: Taupo Motorsport Park

by Oldfart » Thu Feb 26, 2015 6:29 pm

Just in my email
Dear Class Representatives, Competitors and Race Contacts.


The Taupo Motorsport Park (TMP) Shareholders meeting last night, voted against the resolution to sell to the interested buyer. So that’s great news for now for bookings and it’s business as usual at this stage at the Taupo Motorsport Park.



Regards

Terry O’Brien and Melanie Coleman

Taupo Car Club Representatives

TCC Logo - medium

Re: Taupo Motorsport Park

by Rod Grimwood » Mon Feb 23, 2015 6:42 am

paul lancaster wrote:There may not be many events on at highlands, but you can do hot laps all day 7 days a week, so resource consent must allow for that.


Yea, become a 'member' check it out.

Re: Taupo Motorsport Park

by Jac Mac » Sun Feb 22, 2015 9:22 pm

Carlo wrote:http://www.business.govt.nz/companies/app/ui/pages/companies/1265135/documents

Some interesting reading in here if one wades through it all and places a timeline of other activities and developments alongside of it.


[color="#0000FF"]After a quick look at the above...as of 2014 there were 6,376,099 share allotted to a total of 113 shareholders with a further 54,866 shares that had not been bought/allocated. Don't know how much those shares were valued at initially or how much they are in the hole for now. One would think by now the shareholders would have considered the possibility of injecting further funds on the basis of number of shares already held in order to clear the slate.[/color]

Re: Taupo Motorsport Park

by 928 » Sun Feb 22, 2015 6:21 am

thanks jac mac

Re: Taupo Motorsport Park

by paul lancaster » Sun Feb 22, 2015 6:13 am

There may not be many events on at highlands, but you can do hot laps all day 7 days a week, so resource consent must allow for that.

Re: Taupo Motorsport Park

by John McKechnie » Sun Feb 22, 2015 5:12 am

For someone to see an opportunity to make money, someone has to be ready to lose money. Enough money lost on motor racing at the top without clubs suffering

Re: Taupo Motorsport Park

by Murray Maunder » Sun Feb 22, 2015 4:47 am

Private buyout of the fallen into disrepair Lakeside in Queensland a few years ago seems to have been overall a positive for the facility from what I've heard - upgrades, improved relationships with territorial authorities etc. The ownership is held in common with the Queensland Raceway. Maybe some of our QLD motorsport forum folk could let us know how it has gone.

Whether this is comparable to the current NZ circuit situation I couldn't say. I am just a follower of the sport not a competitor but I can understand the fears many have. As Richie's optimism goes, maybe we could be hopeful for an outcome that is at least OK. After all, if the facility is run along more business-like lines this doesn't necessarily mean less accessibility and/or greatly increased fees. If Taupo has been getting in the financial cack then something like this is on the cards. If the buyer is a motorsport enthusiast with lots of coin it's going to be better than a developer or, worse, a bank stepping in.

Re: Taupo Motorsport Park

by Carlo » Sun Feb 22, 2015 12:16 am

http://www.business.govt.nz/companies/app/ui/pages/companies/1265135/documents

Some interesting reading in here if one wades through it all and places a timeline of other activities and developments alongside of it.

Re: Taupo Motorsport Park

by Jac Mac » Sat Feb 21, 2015 11:36 pm

928 wrote:has anyone confirmed who is in talks about taupo circuit. or are you all assuming


[color="#0000FF"]Check post #9 on this thread- there is a link to the 'old school' website- post #1 on that site has the same letter with further info than what Dales first post here included. A bit unsure myself as to what format the letter writers have in mind for Taupo should they gain the support they need, would seem that they have been thru it all before in earlier stages of the circuit evolving into what it is today.[/color]

Re: Taupo Motorsport Park

by Kiwiboss » Sat Feb 21, 2015 11:29 pm

Rod Grimwood wrote:Jac, Only what was heard, but seems true, as why would you take car all the way to Cromwell and then by pass Christchurch 6 days later. They raced at Ruapuna Scope last year and was great.
Story is, 'if you race at Ruapuna you do not go to Bathurst' from person at Highlands.


I believe they(Central) were paid a fee per every car to attend(Highlands) but a part of the stipulation was to race at Highlands only and not Ruapuna, the following weekend(im only presuming this is correct) but as mentioned elsewhere on this post, its all about the CASH and I must admit if someone wanted to pay me to attend I would have to consider it seriously so good on him, and maybe that's the future?

As for Taupo it sounds as though its going to get sold regardless(just like a business going broke) and someone will buy/own it regardless, and will do with it as they wish depending on there own financial wealth, regardless of what anyone says or thinks. This probably means the club days of picking and choosing meetings/events are over so Quinn may as well be the one, at least he'll do something with it whether its to our liking or not.

It also seems to me the face of motorsport is changing very rapidly in this country! whether for better or worse only time will tell? but maybe its a change that's needed? We all bleat about cost but this is mostly from past memories as we get older, but I see more people involved in Motorsport today than ever before(2K cup has helped) so can't be all that bad or wrong as persons wouldn't be attracted otherwise!!

Dale M

Top