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Thread: Queensland Raceway redevelopment

  1. #1
    Team Chapman Racing TCR's Avatar
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    Queensland Raceway redevelopment

    What chance this will actually happen?

    https://www.facebook.com/DRIVEITNQ/v...1561246347421/
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    fat man-bitch DavidI's Avatar
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    Somewhere between Buckley's and Fuck All.
    They've been discussing it for years, no one has the budget to do it
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    Registered User Reedy's Avatar
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    They're already begging for money from the state government. No chance.

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    Opens Guido's Avatar
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    I had heard a rumour that Tony Quinn was interested in buying it. That'd be great for everyone.
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    Still Rotating... Eeyore's Avatar
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    No chance surely the proposed Gold Coast sugar cane farm track or Wagner's Wellcamp dream will eclipse the relevance of QR (leaving it purely as a amateur race track/test facility/Powercruise-type event location) if of course either of those ever happen too.
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    I thought QR originally had the state government as a shareholder. Once constructed they dropped it like it was hot. Then Tetley stepped in with money. I don't think the reasons for why the State Government pulled out originally have changed in 15 years.

    So 7/7 chance nothing will come of it.
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    Registered User dat2kman's Avatar
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    Quote Originally Posted by Guido View Post
    I had heard a rumour that Tony Quinn was interested in buying it. That'd be great for everyone.
    Doubtfull.
    Quinn has had a few investments in businesses go a bit balls up.
    He's dropped right down to No197 on the BRW Rich 200 lists
    Poor bugger.
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    Registered User Pablo17's Avatar
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    Quote Originally Posted by Guido View Post
    I had heard a rumour that Tony Quinn was interested in buying it. That'd be great for everyone.
    That was before he bought his 2nd race track in NZ
    http://www.speedcafe.com/2015/05/21/...owns-purchase/

  9. #9
    Flaccid Member bbits_elements's Avatar
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    Quote Originally Posted by Eeyore View Post
    No chance surely the proposed Gold Coast sugar cane farm track
    Paul Morris has wanted that for 18 years, shame they will not sell or get through enviro and he knows it.
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    Heard Quinn was interested in buying an Aussie track as well.
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    Moderator Cal's Avatar
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    If it happens, hopefully they will move some dirt around, so it's not dead flat.
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  13. #13
    Opens Guido's Avatar
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    Unfortunately looks like a bit of a token extension to me. Losing a high speed corner with great visibility and flow to gain a bunch of little squiggles. It really just looks like an add on.
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    Quote Originally Posted by Guido View Post
    Unfortunately looks like a bit of a token extension to me. Losing a high speed corner with great visibility and flow to gain a bunch of little squiggles. It really just looks like an add on.
    Considering the track is keeping the original layout and adding on to it, i seem to think the high speed corner will stay if you run that track layout, Looking at the map also looks like you should be able to run two tracks at the one time. normal short course and just the extension itself but i will wait and see if that is the case as one part looks like it has ripple strips to go into it but exit does not so i could be wrong for just the extension itself.
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    short fat cunt redbucket's Avatar
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    Yeah I kinda agree. I think the idea behind the entire precinct being brought into the current millennium is a good one though, and hopefully Pisasle can keep pushing hard enough to make shit happen.

    The one part of the add-on I do like, is the 'esses' which approach the old turn one from the east, look like they'll be a high speed bag of fun.

  16. #16
    bitch lasagne Bob Vegana.'s Avatar
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    Tetley is half the reason nothing gets done there.

    Has a long-term big-dollar lease on the joint, and probably a bit too much say in things.

    I did read somewhere (probs in the links above), ICC were looking into buying out his lease and re-negotiating the terms to give them a bit more freedom.
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  17. #17
    Registered User mad_cow's Avatar
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    Bob Jane is going to fund it

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    Registered User leothedrummer's Avatar
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    Quote Originally Posted by Guido View Post
    Unfortunately looks like a bit of a token extension to me. Losing a high speed corner with great visibility and flow to gain a bunch of little squiggles. It really just looks like an add on.
    I was a bit surprised when I saw it at the part of the track, as all the talk I had heard was that it would deviate from turn 2 and as you said, turn 1 isn't that bad of a corner by itself. But from what I can make out of the extension, it doesn't look half bad to me. The new turn 1 looks like it could be a properly decent passing spot and they could be onto a winner with that esses section if the flow is right. Would also like to see a proper top down shot to work out the angle on the long right hander that would end up being turn 3. I also hope it isn't too narrow, because if it's a decent width I'm picturing some decent opportunities for side by side racing through the esses.

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    Still Rotating... Eeyore's Avatar
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    Well I might have to eat my words by the looks of it. Go Team Ipswich!
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    Any thoughts on their idea of adding an Oran Park-style crossover bridge:

    http://www.speedcafe.com/2016/09/07/...amped-ipswich/

    Or is it just another element added to the pipedream?

  21. #21
    Registered User leothedrummer's Avatar
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    Was never really sure if I thought we'd see a proper upgrade, but this is looking pretty promising.

    Fantastic $150,000 announcement today from Dr Anthony Lynham, Minister for State Development, Natural Resources & Mines. The funds will go towards finalising our detailed masterplan and design for a world class Ipswich Motorsport Park (IMP).
    Motorsport already draws 250,000 visitors annually... a figure that should double once the precinct is fully developed. It's where the rubber meets the road in generating a significant boost for the local economy.
    https://www.facebook.com/mayorpaulpi...85303608150377

    Last edited by leothedrummer; 08-02-17 at 07:04 PM.

  22. #22
    THE CISCO KID ROBAPHENT's Avatar
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    So they have changed the track layout it seems, as now it will be built what looks to be into the carpark area?
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  23. #23
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    Yeah wtf, looks like the extension now comes of Turn 6?
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    Registered User Fapmeister's Avatar
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    The blue/black lines would suggest they could run two separate track configurations concurrently.

  25. #25
    Moderator Cal's Avatar
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    Tetley will like that.
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  26. #26
    Registered User hrd's Avatar
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    The extension looks OK. And the half track using that new extension looks alright. Just hope they use it in sprints - IF they build it, of course.
    $150K is barely a drop in the ocean for that plan. For that matter, it could very well change again if something does end up actually happening out there.

  27. #27
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    Another revised proposal on this. But looks like it's getting closer - https://www.motorsport.com/v8superca...eement-933920/

  28. #28
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    Hopefully they consult Powercruise Gup regarding track layout. Since he runs the most successful events ever held at the track.

  29. #29
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    Interesting Press release from John Tetley:


    Just what is happening between QR & the Council?
    I have lost count of how many times I have been bailed up in the last ten days with this question since
    Councillor Tully made his announcements about how ratepayers dollars are being used to secure a V8
    Supercar event for Ipswich – in spite of our previous announcement about securing the event for three more
    years.
    Firstly I apologise to those people I have not been get back to with phone calls and emails since my return to
    work. I am grateful to see the number of people who are concerned about the future of QR and our style of
    grass roots motorsport. I also apologise for the length of this letter but the situation is – well, complicated. So,
    to save myself a lot of time and you a lot of questions; here is some history and the current situation, as I see
    it, from the horse’s mouth, or the other end as our enemies would have you believe.
    Two years ago we were approached by Craig Maudsley of ICC to see if I was interested in selling QR to the
    Council – my written answer was a very clear “NO”. I explained to Council that motorsport is a highly
    complex business, fraught with financial risks and a risk of injury/death profile that is not in any way
    compatible with the operation of Ipswich City Council (ICC). To be frank, part of my justification for holding
    that opinion is that if they cannot run a shopping centre successfully how can they ever expect to deal with the
    complexities of a motorsport precinct? Do you recall the $34,000,000 of their CBD investment they wrote off
    recently?
    Some three months later I went to a meeting with the CEO Jim Lindsay and Craig Maudsley where I very
    clearly re-iterated the QR position and there is a succession strategy in place for the operation of QR fr about
    another 20 years. I’ll be polite and say, “some pressure was brought to bear” and agreed that they could run an
    open book due diligence process on the business so they could get some idea of what it was worth in
    commercial terms as well as the complexity of what they would have to deal with. In hindsight this well
    intentioned move on my part was somewhat naďve. Subsequent meetings went much the same way with a
    refusal on their part to listen to the three compromise offers that we made or the sound arguments we
    presented.
    It was around this time that the Council set up a private company (Ipswich Motorsport Park Pty Ltd (IMPPL))
    to take over management of the Precinct and hired Damien White to be the General Manager of a motorsport
    precinct they did not own and that was already being run successfully by three established operators. None of
    these operators had asked for, or needed, public money from ratepayers or taxpayers to continue operating.
    About this time, it also became very obvious that a number of the Councillors were being lied to about just
    what was going on in the private company that had been set up and what the value of the assets on the ground
    out at the precinct could be bought for.
    To assist the Councillors to understand the real situation, QR commissioned an asset valuation of QR by a
    valuer with an impeccable court record. We did this at our own cost and distributed a copy of the valuation
    certificate, by email, to all of the Councillors earlier this year. The asset valuation was $20,400,000, which one
    could reasonably think was an awful lot of ratepayers’ dollars to put into what could be considered to be an
    ego grab on the part of the three bureaucrats who are driving this thing. It certainly does not make any
    business or financial sense to takeover QR given its RoA on $20.400,000, its asset value. It was then obvious
    that there was no business case that would hold up to any basic scrutiny which is a part of the reason Damien
    White decided not to hang around once he understood the real situation and had a falling out with Councillor
    Tully and the CFO Andrew Roach about it.
    Looking at the Precinct as a whole, if we add-in the value of the facilities belonging to the Willowbank
    Raceway and the Ipswich Kart club the total value of assets on the ground at the Precinct will be more than
    $40,000,000 – none of these facilities were built with ratepayers’ money. The Council did not even pay for the
    land – it was gifted to their predecessor by the Federal Government many years ago.
    Since this whole distracting process began there have been overt verbal threats of resumption of leases to all
    of the operators so that Council can take ownership of those assets. This is a legitimate but sneaky way of
    getting hold of the tracks and buildings as they are supposed to go to the Council at the expiration of the
    leases. So, after kicking out the existing operators in this way the Council could lease the whole Precinct to
    the Council owned private company – Ipswich Motorsport Park Pty Ltd. In other words the Council will get
    those assets for maybe 10% of what it cost the operators to build them and remember this Council did not
    build any of those assets – they were built by volunteers and “mates rates” contractors. Most at risk is the
    Ipswich Kart Club which only has four years left on its lease and has been threatened with non-renewal if they
    don’t play along.
    All three of us have made it clear those leases are not going to be surrendered without one hell of a fight.
    Partly because the Council should not be allowed to play with ratepayers funds to set themselves up with a
    fancy but useless motorsport precinct and partly due to a joint moral commitment to making our roads safer by
    providing somewhere about 100,000 young people per year can enjoy their cars without endangering others -
    and survive to tell about it. In addition we like what we do and agree that we will not be bullied by people
    seeking self-aggrandisement at the cost of grass roots motorsport.
    In any case they are probably too late to have the best facilities in Australia. There is $30M plus
    (fed/state/LGA) going into Bathurst and something a lot more than that again, being invested by the Shahin
    family into Tailem Bend SA. Another industry mogul has commenced building a track on the central coast of
    NSW.
    In the meantime they keep gmaking press releases that can only make it more difficult for them to back out of
    the situation, however there is some hope. Mayoral candidate Anthony Antoniolli attended a meeting of the
    Ipswich Motorsport Precinct Users Group on August 3rd where he found out first hand just how much
    Bureaucratic Bovine Excrement the Councillors had been fed over the last 18 months and immediately
    promised to shut down the IMPPL if he is elected. This is important because, being a private company the
    IMPPL can keep the actions of its board secret from prying eyes, prevent public perusal of their minutes, and
    also it is protecting them from legitimate FoI requests. Antoniolli did not promise to terminate the process
    until he had more data on which to base a considered conclusion. To me this is both a common-sense and
    open minded approach we have not seen from others.
    In conclusion, I do believe Anthony Antoniolli can and will keep his word on winding up the IMPPL because
    he has nothing to lose by doing it. Neither he nor Wayne Wendt, his running mate, were involved in the
    setting up of IMPPL nor have they played an active role in its machinations and bullying of the existing
    Precinct operators. Therefore they have nothing to lose by winding up the IMPPL.
    Is it fair to say the Council should get back to serving its residents and not using the resident’s money to set up
    rate payer subsidised corporations intent on building monuments to their ability to spend public money?
    I’ll leave that one with you.
    John Tetley
    CEO ~ Queensland Raceways
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  30. #30
    Registered User mad_cow's Avatar
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    Tl;dr

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