Just got an email in my inbox from the Historic Racing Club and Hampton Downs Motorsport Park which made me aware of some stuff going on the the Car Racing world. I knew that there were a few problems but not that it had gotten as bad as it has, so I thought I would share.
Note the comments bellow are from HRC & HD and are not my personal opinions.
Well I thought the comments were interesting anyway."At the Ice Breaker meeting I talked about what was happening with Tier One Motorsport.
It was latter bought to my attention that a number of competitors didn't have a clue what I was talking about so I would like to take opportunity to give a fuller explanation of the crisis facing Motor Sport in NZ.
For the last 20 years the Tier One championship , NZ V8's, Formula Ford, Suzuki, Production Cars, V8 Utes and GT3 Porsche has been run by a company called The Motor Sport Company Ltd (TMC), which was owned 60% by MSNZ and 40% by NZIGP, Taupo Car Club, Manawatu Car Club, Canterbury Car Club, South Canterbury Car club and Southland Sports Car Club. The board was made up of MSNZ appointees and one director representing the 40% shareholders.
At the last MSNZ conference the Chairman Martin Fine assured the clubs that though the company was experiencing a rough patch, all would be OK.
Well the rough patch certainly got worse when the V8 SuperTourers were successful in signing up the teams and drivers from the NZV8 series. Just when TMC thought it couldn't get worse the Utes and Suzuki's signed up to run with V8 SuperTourers as well.
TMC responded by changing their name to Motorsport Promotions Ltd and doing a deal with the Independent Race Group (IRC). The issue here is that many of the IRC classes don't want to go the South Island. The jewel in the IRC crown was Central Muscle Cars which were only keen to do three rounds with IRC, so the IRC stripped them of their membership, as the IRC deal is all or nothing and sent them packing! So then Central Muscle Cars became independent and signed to run at some meetings with V8 SuperTourers. Then we had the announcement that the directors and staff of MPL had resigned and David Dovey from the IRC had taken over. Then just over two weeks ago it was announced that MPL had gone into voluntary liquidation. Confused yet?
While all this was going on NZV8's (Vega) are suing V8 SuperTourers! Now everyone's worried about who's funding Vega's court battles and we hope it's not MSNZ, which is of course us!
While all this is before the court I am reluctant to comment further, but we could see a repeat of what has happened in the past where it is the members who have to pay the bills and they could be considerable.
At the MSNZ conference a remit was passed for a panel of experts to study the structure of Motor Sport in NZ and report back to member clubs by the 1st December 2012. This report will be a vital indication of progress within our administration. A final report is to be presented to the 2013 AGM of MSNZ.
While the situation MSNZ finds itself is dire, the sport is fortunate to have the V8 SuperTourer series, Toyota series and a number of high profile classic meetings over the summer to give the fans high quality ongoing motorsport events.
HRC and Hampton Downs will not be taking sides in the various legal actions taking place. We just provide the stage and stage hands, although we do think it is important that competitors know what is going on.
The HRC and HD submission to the review panel is attached at the bottom of this email.
Regards,
Chris Watson"
For the record Qkkid was in my bed, not the other way round
Originally Posted by Yow Ling
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