65% of Supercar On The Market for $100m - CONFIRMED & STALLED

[Forda]

Originally Posted by GTRMagic

All will be different if a News Ltd consortium becomes the new owner..

How so? Do newspapers and pay-TV really carry that much weight?

[Gaz170]

Originally Posted by Mixer

It was a fair bit more expensive this year, but still FAR cheaper than football, has amazing half-time entertainment, and you can take young kids to it who do not have the attention span for a full day at the car racing, or even a one-day cricket game, let alone tests.

This is the reason why I have has Brisbane Heat membership for the past few years, but would love a Gold Coast team.

[Mixer]

Originally Posted by Gaz170

This is the reason why I have has Brisbane Heat membership for the past few years, but would love a Gold Coast team.

As much as Tennis tried the same format, and motorsport talks about it, I can't see many other sports succeeding where the 20/20 cricket format has been such a success.

The entertainment is unbelievable, and results sometimes bizarre and unpredictable, I know I watch the Big Bash with more commitment than any other sport - albeit a very dense, 6 week competition.

[GTRMagic]

Originally Posted by Forda

How so? Do newspapers and pay-TV really carry that much weight?

The NRL and AFL are carried in both extremely heavily...

[Forda]

Originally Posted by GTRMagic

The NRL and AFL are carried in both extremely heavily...

But both mediums are/will surely be experiencing declining patronage, and will become less relevant as time goes on?

Not sure if News corp alone could provide the oomph required.

[one five five]

Didn't News learn their lesson on the headaches of owning a sport with the Super League debacle?

They happily got rid of their ownership interest in the NRL a few years ago.

That is the angle that surprises me about their interest in buying in?

[GTRMagic]

Originally Posted by one five five

Didn't News learn their lesson on the headaches of owning a sport with the Super League debacle?

They happily got rid of their ownership interest in the NRL a few years ago.

That is the angle that surprises me about their interest in buying in?

Perhaps the benefits to the Foxtel package is the incentive to throw the hat in the ring?

[JABWOA]

Since the Newscorp/Foxtel promo - The Herald Sun in Melbourne (digital version) has had a motorsport article nearly everyday. Quality/newsworthy is very debatable but motorsport is being represented along with a plug.

[GTRMagic]

[Umai Naa]

Buy-back sounds like fun.

[fomoco]

Originally Posted by one five five

Didn't News learn their lesson on the headaches of owning a sport with the Super League debacle?

They happily got rid of their ownership interest in the NRL a few years ago.

That is the angle that surprises me about their interest in buying in?

News is till in there.
The Broncos are the only publicly listed NRL club. The parent company of the Brisbane Broncos is Nationwide News Pty Ltd., a subsidiary of News Limited, which as of 30 June 2007, owns 68.87% of Broncos shares.

they did own storm, but sold them in 2013.
May 20, 2013 - The Melbourne Storm has been sold by News Ltd to a private consortium gathered by NZ entrepreneur Bart Campbell.

But the article below , does bring out a fair point , in regards to owning and running the show, and then buying into teams within the series.

https://www.crikey.com.au/2010/04/28...s-of-interest/

[one five five]

My point was more that they no longer have any ownership of the NRL (they got out in 2012), they are just now effectively one of the participants through the Broncos. (though still have an influence through the Foxtel TV deal)

Not that they really wanted to get into the ownership of any competition back in 1995 of course but had their hand forced to an extent...

[GTRMagic]

Big Bash League Loses $33m For Cricket Australia

I am sure that makes sense

[Mixer]

Sort of like how Harry Potter made a $167m loss on a $900m+ gross?

http://www.slashfilm.com/insane-stud...f-the-phoenix/

Funny how these "losses" crop up when there's a revenue sharing deal...

[Alan52]

Originally Posted by GTRMagic

Big Bash League Loses $33m For Cricket Australia

I am sure that makes sense

This is a con by the worker hating mining executives who have taken over Cricket Australia and are attempting to do over the players.

[velly4]

I've heard that the prospective buyer only wants to buy Supercars as long as Australian GT championship is part of the deal...

[T-star]

...hence CAMS announcement today?

[one five five]

Originally Posted by T-star

...hence CAMS announcement today?

What the CAMS announcement?

[RedZedMikey]

Originally Posted by one five five

What the CAMS announcement?

Potentially an update to this one:
http://hillclimbnsw.com/Important%20...ligibility.pdf
This was released on May 24th, but yesterday a different CAMS manager issued a revised "important stakeholder announcement" that added more detail, and attached a revised vehicle eligibility list for Sports 2GT. Cars on that list no longer eligible for state series. Try and find either the release or the list on the CAMS website! Probably issued only to said stakeholders.

In general this whole release seems to have been poorly thought out.

And as for the AGT + Supercars connection mentioned above - THE prospective buyer???? Is there only one?

[D.R.T.]

Originally Posted by velly4

I've heard that the prospective buyer only wants to buy Supercars as long as Australian GT championship is part of the deal...

Interesting, especially that any buyer of the series would also buy 50% of the Bathurst 12Hr but nothing to do with the actual series that supplies cars to that event.

Fingers crossed that this doesn't eventuate and the AGT championship remains independent of VASC.

[peckstar]

Originally Posted by D.R.T.

Interesting, especially that any buyer of the series would also buy 50% of the Bathurst 12Hr but nothing to do with the actual series that supplies cars to that event.

Fingers crossed that this doesn't eventuate and the AGT championship remains independent of VASC.

yeah, fingers crossed that half the australian endurance championship should occur in obscure spots of New zealand , far away from the media spotlight and at a track owned by the owner of the championship (No bias or self interest at all)

[velly4]

Originally Posted by D.R.T.

Interesting, especially that any buyer of the series would also buy 50% of the Bathurst 12Hr but nothing to do with the actual series that supplies cars to that event.

Fingers crossed that this doesn't eventuate and the AGT championship remains independent of VASC.

I'm hearing it may already be a done deal.

For me I can't see the potential owners being concerned about Aus GT but are securing the rights to GT3 in case Gen2 goes to the crap house.

Insurance policy for the main game not complete take over

[chavez]

Originally Posted by peckstar

yeah, fingers crossed that half the australian endurance championship should occur in obscure spots of New zealand , far away from the media spotlight and at a track owned by the owner of the championship (No bias or self interest at all)

While that statement is true, the current owner hasn't pursued the things other might want or their series.

[D.R.T.]

Originally Posted by velly4

I'm hearing it may already be a done deal.

For me I can't see the potential owners being concerned about Aus GT but are securing the rights to GT3 in case Gen2 goes to the crap house.

Insurance policy for the main game not complete take over

That doesn't bode well for the GT3 category in Australia sadly.

[one five five]

Originally Posted by velly4

I've heard that the prospective buyer only wants to buy Supercars as long as Australian GT championship is part of the deal...

That would mean presumebly Supercars would then have to buy the Category Management rights off Tony Quinn, before the sale of Supercars could proceed.

Interesting then to speculate who the buyer of the Archer shares might be then....

Originally Posted by peckstar

yeah, fingers crossed that half the australian endurance championship should occur in obscure spots of New zealand , far away from the media spotlight and at a track owned by the owner of the championship (No bias or self interest at all)

Quinn owns the series, he can do what he wants with it. Kind of like Supercars can do what they want with their series too. They certainly don't act with any bias or self-interest of course......

I think most people just don't want Supercars having a monopoly on Australian motor racing, though this looks like the way it's heading.