Confirmation Sydney Speedway Sold

The following press release from Sydney Speedway Pty Ltd

After months of negotiation Sydney Speedway Pty Ltd has sold the promoting rights to the Speedway by the Freeway to Queensland businessman and Sprintcar patron Barry Waldron.
Mr Waldron’s interest, and that of his Company East Coast Pipeline, dates back to early in the summer when his team and driver Robbie Farr enjoyed a purple patch during the international season at Valvoline Raceway.

East Coast Pipelines Sprintcar Team

East Coast Pipelines Sprintcar Team

Steven Green, who was the Promoter of the Raceway during International Speedway’s tenure at the circuit, will return to Sydney in the next few weeks to assume the role of General Manager of the promoting company.
“Steve is a good friend who has learnt the ropes of speedway promotion at the Sydney venue and I expect he and Barry to make a solid and positive contribution to the sport,” said Mike Raymond today.
“The past 12 months has been particularly rewarding because of the close working relationship of our staff, officials and race fans who enjoyed some great times fabulous racing and added cement to a solid foundation for the sport in Sydney,” he continued.
“Brian and Steven have given the sport a definite home in Sydney’s sprawling west for the next decade and the fans should be eternally grateful,” he added.
The Directors of the Raceway would like to thank Valvoline for its marvellous sponsorship and participation within the sport.
More details on Raceway plans and the season schedule will be addressed later in the work.
Made Too Go PL is proud to announce it has entered into agreement with the shareholders of Sydney Speedway PL to purchase one hundred percent of the shares in the company with the purchase to become effective as of July the 1st 2014.
Sydney Speedway PL, which trades as Valvoline Raceway, will become a wholly owned subsidiary of ‘Made Too Go’, which is owned by prominent businessperson Mr Barry Waldron of East Coast Pipeline.
The purchase of Valvoline Raceway further enhances Mr Waldron’s commitment to Speedway racing which started back in 2002 after visiting what was then Parramatta City Raceway for the first time. Mr Waldron is also the owner of the highly successful East Coast Pipeline Racing Sprintcar team and has also sponsored numerous events and series.
“Sydney Speedway is a great entertainment facility with a very bright future,” said Made Too Go spokesperson, Steven Green. “The facility has the support of some of the most loyal fans in the industry, it’s positioned well in the heart of Sydney, and year in and year out it provides great racing action for motorsports fans”.
Made Too Go intends working with all stakeholders of the sport including fans, sponsors, associations and the race teams to enhance event experiences and fan engagement, as well as solidifying the future of Valvoline Raceway as one of the premier racing and entertainment facilities in Australian Motor Sport.
The agreement with the current owners sees the Queen’s Birthday race meeting that was conducted on June the 7th become the last meeting of the current season. This will allow Made Too Go time to prepare for the 2014/15 Valvoline Raceway season.
Announcement of the promotional team, schedule and contact details will be made in due course.”ecp-racing

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