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archer capital acquires v8 supercars stake, valuing series at $316 million

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Australian Motor Racing Partners Pty Ltd., funded by Sydney-based Archer, will take a 60 percent stake with the racing teams and management holding the remaining 40 percent, V8 Supercars said in a statement.

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“This gives us a strong foundation to move on,” Cochrane said. “There will be more racing out of this decision today.”

http://www.bloomberg.com/news/ ... -supercars-australia.html

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V8 Supercars team owners rejected the World Sports Group’s bid when it became clear that expansion would be heavily weighed towards Asian markets.

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Fellow team owner Todd Kelly (Jack Daniel’s Racing) says that he was concerned that another company may have turned the sport in directions that he wasn’t comfortable with.

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“It’s more about making sure that the whole thing is set-up right for the next 10 years.”

http://www.speedcafe.com.au/20 ... ital-won-the-bidding-war/

http://www.youtube.com/watch?v=IMUxKgTUYe4

Well, I don't know what's going to come of this, wait and see I guess..

Didn't exactly find a V8 Supercar thread, probably should have searched, but this was on the first page for me so seemed best.

V8's planning to come to the US in the near future it seems. Wonder where it could possibly go. He even mentioned "temporary tracks such as Long Beach". That would be pretty insane. Road Atlanta would be nice as well. Or they could be nice and go to Sebring so I can drive there and watch.

Source: http://auto-racing.speedtv.com ... es-eyeing-american-round/

Quote from PMD9409 :

Didn't exactly find a V8 Supercar thread, probably should have searched, but this was on the first page for me so seemed best.

V8's planning to come to the US in the near future it seems. Wonder where it could possibly go. He even mentioned "temporary tracks such as Long Beach". That would be pretty insane. Road Atlanta would be nice as well. Or they could be nice and go to Sebring so I can drive there and watch.

I of course am rooting for Atlanta

but they will be thinking West coast probably

West Coast sucks!

Quote from PMD9409 :

West Coast sucks!

laguna dood!

Screw the west coast, if they come to the east coast I'd make a serious effort to go see them. If they came to Watkins Glen there would be no question, I'm there.

Quote from UncleBenny :

Screw the west coast, if they come to the east coast I'd make a serious effort to go see them. If they came to Watkins Glen there would be no question, I'm there.

east coast best coast

the reason they would likely be considering west coast would be logistics reasons... it's that much closer to Australia. But yeah, if they were anywhere in the region, I'd try to get there too.