V8 Supercars keeps New Zealand leg
Supercars Australia has secured the New Zealand leg of its V8 Supercars series for the next seven years.
The future of the Hamilton 400 had been in some doubt owing to slow ticket sales and concerns over its local promoters, though fears were allayed somewhat by a healthy 101,488 attendace over this year's three-day race weekend. V8 Supercars has agreed a deal with Hamilton City Council to take over promotion of the event from 2011 onwards, replacing current promoters Steve Vuleta and Dean Calvert's Caletta Street Management. It will also underwrite the struggling event throughout the seven-year period and will assume all financial risk.
V8 Supercars chief operating officer Shane Howard described the Hamilton 400 as "a keystone of our sport", adding: "Over time we will put together the best team on both sides of the Tasman to reinvigorate this event. This event has the potential for enormous growth beyond what is already a highly successful weekend."
The Hamilton 400 joins the Ipswich 300, Townsville 400, Phillip Island 500, Bathurst 1000, Gold Coast 600, Tasmania Challenge, Sandown Challenge and the climactic Sydney 500 in the list of races on the series calendar which are promoted by V8 Supercars.
Sky NZ secures V8 Supercars rights - 28 February 2013
FPR secures significant backing from PepsiCo - 04 December 2012
V8 Supercars team Erebus strikes new deal - 22 May 2013
Glenn acquires 50 per cent stake in NZ Warriors - 06 March 2012
V8 Supercars: Dunlop and Virgin Australia aboard for 2012 - 17 February 2012
Related blog posts
BNZ expected to back New Zealand Super 14 teams - 10 November 2009, Notes & Insights
V8 Supercars: CEO David Malone to be replaced - 19 April 2013, Notes & Insights
All Blacks all set to agree new sponsor - 17 June 2009, Notes & Insights
‘Don’t be greedy’ - Kiwis warned one year out from RWC - 09 September 2010, Notes & Insights