No announcement yet.

Phillip Island Race Track SOLD

  • Filter
  • Time
  • Show
Clear All
new posts

  • Phillip Island Race Track SOLD

    The Phillip Island circuit, which has been for sale for more than a year, has been sold to the Linfox Property Group.
    The sale, which is subject to the "resolution of few formalities", was for an undisclosedsum.
    Rumour puts it at $10 million, but both parties have remained silent on the value of the deal. Most importantly for race fans, the track is safe.
    Fergus Cameron from Phillip Island Motor Sport told AMCN: "The sale includes the track, theVisitor Centre, Hotel site and farm land.
    The current business is unaffected by the sale."
    When pressed on the point of how long racing would remain safe at the Island, Cameron insisted that it would continue. Current owner, Placetec Pty Ltd, has owned the track for 20 years.

  • #2
    dammit! the lotto win didn't come through in time............ :x


    • #3
      dammit! the lotto win didn't come through in time............ :x
      When you think about it, it was a deal.
      How much would it cost you to build it today :?: Most likely double.

      If I had won lotto, it would be mine :twisted: :twisted: :twisted: Each morning and afternoon I would be out there doing a few laps.

      Just Dreaming again :oops:


      • #4
        Oh yes to have that in your back yard .....

        Think of the P.E Track days we could have then ....

        Wonder if Waneroo Race Track is for sale ??

        Dale Britton MotorCycles: 5/115
        Albany Hwy, Vic Park, Ph: 9470-1234 ...

        Kim Britton Kawasaki: 91 Dixon Rd, Rockingham, Ph: 9592-1113 ...