A pact for the future of Lakeside and Queensland Raceway
This morning John Tetley’s Australasian Raceways Holdings (ARH) and Tony Quinn’s Keltic Motor Sport(KMS) signed a pact under which Keltic will take over the lease, management and operations of Queensland Raceway.
Tetley said, “What Tony & I have achieved with this pact is a co-operative model so that we can continue to deliver a seamless set of events for our respective customers.
Tony can focus on expanding the scope and potential of Queensland Raceway and I can give my attention to securing the future of Lakeside and grass roots motorsport.”
Quinn said, “The way we have set this up everybody will be a winner. With my experience and connections, Queensland Raceway will be firmly cemented into the position of South East Queensland’s premier motorsport facility.”
When asked, 'why now?' Tetley replied, “We have moved through COVID and with the support of the two local members, Steven Miles (Deputy Premier) and Shane King (Member for Kurwongbah) along with the new CEO at Moreton Bay Regional Council, Greg Chemello, the future for Lakeside is bright again.
After recent meetings with those people, and their appreciation of our contribution
to the success of the Australian Paralympic cycling team, the Formula Student initiative and club charity days such as the BMW one that raised $10,000 for worthy causes two weeks ago; we now have the confidence to double down on our existing $5M plus investment in Lakeside.”
Tetley also advised that the RACERS and Track Action operations will be moved into the Lakeside offices in the near future as part of the major focus on the growth of these organisations now the borders are opening up again.
In reply to the same question Quinn replied, “with the QANTAS announcements last Friday the world is opening up again and we need to be ready to capitalise on both the tourism and growth opportunities that will bring. There is also an enormous Trans-Tasman synergy to be had by sharing the expertise into our Queensland and New Zealand operations. Our major contribution for QR will be to bring the experience we have with the premier events and ancillary activities that we have developed in NZ.
"Obviously, there will be some positive changes coming to QR next year. We are working with John on the calendar for 2022 and expect to publish it within the next few weeks. You have our commitment that we will meet the expectations of all existing QR customers in 2022.
"It looks to me like everyone is a winner out of the work John and I have put in in the last five months.