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Old 12 Feb 2003, 12:28 (Ref:504415)   #1
eclectic
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Circuits for Sale, Octagon sells out!

What's this I hear, a general sell out by Octagon... Why can't the clubs band together and buy up a circuit of two, I'm all for the VSCC getting together to buy Oulton Park!

Can anyone confirm the rumour.... Let's go for it and get control of some of the venues into the hands of the Clubs who need them and have a general renaissance for Club racing in Britain.

Lets go for it!!
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Old 12 Feb 2003, 12:49 (Ref:504450)   #2
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Octagon announced a couple of weeks ago that they were 'considering' selling, rumours have been circulating that Bernie was purchasing for a quid/dollar (he'd probably argue the difference!) but it all seems to have died down.

There is another thread in trackside relating to 'BH being sold for housing' which has plenty of speculation within.

The only dead cert, is that Octagon have gone to the trouble of publicly stating that they would 'consider' selling, but such a statement indicates that they're desperate to get out.

All very interesting to watch.....
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Old 12 Feb 2003, 12:53 (Ref:504452)   #3
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paulzinho should be qualifying in the top 5 on the gridpaulzinho should be qualifying in the top 5 on the grid
This belongs in Trackside forum.

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Old 13 Feb 2003, 20:52 (Ref:505823)   #4
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Yet another story on Ocatgon!

I despair. I don't know if this is the Beeb being about 4 months behind, or brand new news and they're not sellng again! Either way, on BBC Ceefax today it came up that they're investing in Oulton (about 1.3mill) Brands (again over 1mill) and Cadwell (150,000).

Anyone at all know what they're on? :confused:
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Old 13 Feb 2003, 22:20 (Ref:505959)   #5
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Love the way they spend *so* much on Cadwell
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Old 13 Feb 2003, 22:52 (Ref:505985)   #6
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Andrew Kitson should be qualifying in the top 3 on the gridAndrew Kitson should be qualifying in the top 3 on the gridAndrew Kitson should be qualifying in the top 3 on the gridAndrew Kitson should be qualifying in the top 3 on the grid
Yes, I also received those press releases today about their spending on the various circuits. 4m on Silv and the other figures quoted above. They are also spending on Snett - on a new entrance road from the new A11 dual carriageway. No more bumpy runway into the circuit.
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Old 14 Feb 2003, 08:59 (Ref:506247)   #7
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Yes, but if they are for sale now as rumoured or in the future, why on earth don't the Clubs get together and buy one? Sure there is risk involved, but the current risk is that we will soon not have affordable circuits to go racing on. Octagon, despite the current state of their finances, are trying to make money out of the Motorsport Industry, the Clubs only have to draw even. Indeed as organisers of SPORTS they might even obtain charitable status and not have to pay taxes and rates!!!

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Old 14 Feb 2003, 22:57 (Ref:507162)   #8
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With regard to Snetterton I think you will find that Ministry of Transport, as in Government, tax payer money have paid for the road improvements in the area of the previous circuit gates,people live near there ,people have businesses on sites near there. I can believe not that any owner of the circuit/operator of the site have ever spent a single penny on the road in to .the site, the access on to the circuit is a concrete runway, built in the second world war, as in 50 years ago.
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Old 15 Feb 2003, 17:44 (Ref:507789)   #9
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Andrew Kitson should be qualifying in the top 3 on the gridAndrew Kitson should be qualifying in the top 3 on the gridAndrew Kitson should be qualifying in the top 3 on the gridAndrew Kitson should be qualifying in the top 3 on the grid
Vaughan, the access 'was' the old Runway. There is now a brand new road that is built in the field to the left of it as you drive in. Octagon have paid for it.The runway part will be solely for the market in future.The other improvement is a new toilet block on the outside of Russell. I have also heard that the old commentators tower opposite the pits will soon be coming down and replaced, due to the fact that the structure is cladded with asbestos, deemed hazardous in today's world.
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Old 15 Feb 2003, 20:59 (Ref:507965)   #10
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Originally posted by Andrew Kitson
There is now a brand new road that is built in the field to the left of it as you drive in. Octagon have paid for it.The runway part will be solely for the market in future.
when was that built then Andrew ?......

i didnt get up to Snetterton last year , and i hadnt heard about them doing that .....it will save the paying customers a fortune in damaged car shocks though !
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Old 15 Feb 2003, 22:14 (Ref:508068)   #11
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No! I used to enjoy the charge along the old runway...! Seem to recall outbraking a couple of drivers into the ticket booths in the past...
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Old 16 Feb 2003, 00:22 (Ref:508220)   #12
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before doing your suspension in on the bumps...
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Old 16 Feb 2003, 10:53 (Ref:508458)   #13
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only one thing I don't like - you can't get to the truckers cafe easily and they do an excellent breakfast.
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Old 16 Feb 2003, 11:34 (Ref:508489)   #14
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The road in not service yet,i didnt see it on thursday when i drove in the circuit, i drove down the concrete road thro gates and two pay booths, over the bridge, in the paddock
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Old 10 Mar 2003, 21:23 (Ref:532101)   #15
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rdjones should be qualifying in the top 5 on the gridrdjones should be qualifying in the top 5 on the gridrdjones should be qualifying in the top 5 on the grid
Just seen this on Autosport.com, it looks as if Interpublic wants to get rid of Octagon Motorsports. For more take a look at http://www.autosport.com/newsitem.asp?id=22179&s=54
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