Media Release
Thursday 21 June 2012
Green light for restructure of new look for MotorSport Promotions
Following a special general meeting held in Wellington on Saturday, MotorSport Promotions Ltd has committed itself to
the restructure process commencing with the election of a new board of directors.
As reported in April, the Sport’s promotions company which is charged with promoting MotorSport NZ’s Gold Star Race
Championships confirmed a number of changes were afoot including a name change and widening of the board to bring on new
talent and fresh thinking.
With those formalities now completed the new look board comprises new directors John Fowke, general manager of Finance
at Toyota NZ who has been appointed Chairman, South Island businessman and racing identity Ian (Inky) Tulloch and David
Dovey, president of the IRC - the independent race class series, who join existing board members Bill Brown representing
circuit interests and Auckland businessman Shane McKillen appointed by MotorSport New Zealand Inc. Additional Directors
may be appointed by the Board as the opportunity arises.
The Board now has a management review process in place and a business plan to complete.
The most pressing issue for the company is establishing a calendar for the Summer Series and in conjunction with the IRC
series the two organisations have now agreed a calendar that will be fixed for the next three years.
This will be a significant step forward for everyone in MotorSport providing a stable platform against which much
strategic planning can be commenced. The company expects to release the final Calendar at the end of this week as final
negotiations around events and venues are completed. What is certain is that the 2012/13 race championship season will
kick off in December and run through until April. Within that calendar the TRS International Series will feature five
weekends of back to back international single seater racing and a minimum of four other premium rounds which will ensure
an exciting season of motor racing for fans.
Shareholders at the SGM were unanimous in their support for the company’s plans and united around providing a whole new
level of promotion and entertainment for the events that bring some of the most significant economic benefits to their
regions. Events will include entertainment on track with championship classes supported by some very fast and
entertaining IRC series classes and more opportunities to run with the championship truck racing category. This will be
supplemented with plenty of off-track entertainment designed to offer a family friendly day at the races.
New Chairman, John Fowke is encouraged by the changes confirmed at the meeting on Saturday.
“We are entering a new era of car racing in NZ. The new generation NZV8s will be out on track this summer and we want to
make sure our events are new generation also.” Fowke said.
“Our new marketing team is working hard to bring dynamic, engaging entertainment to each of our events around the
country and we can’t wait to start the season,” stated CEO Martin Fine.
“There are so many events that the public can attend these days. We need to make sure our championship events are a
fantastic weekend at the race track and with the initiatives we are exploring we’re confident we can deliver.”
“With the committed support of all our shareholding circuits and the benefit of a settled calendar we have the
foundation on which to build a fantastic new generation series.”
Along with the calendar, the company expects to release final details of television and other media coverage by month
end.
Ends