The majority shares of V8 Supercars Australia Auto Racing Championship will now be controlled by Archer Capital, and the series is valued at an estimated $316 million. Archer Capital is based in Sydney and funds Australian Motor Racing Partners Pty Limited. The organization will now own sixty percent of the series. The remaining forty percent of the V8 Supercars will be retained by the management holding and teams. Even though Archer Capital has taken on some debt in taking over the series, Andrew Gray, Director of the Australian Motor Racing Partners, expressed his optimism in regard to the takeover.
- September 21, 2014
- September 28, 2014
- October 5, 2014
Voting PollLoading ...
Tagsautomobiles auto show california carl edwards car show championship circuit daytona daytona 500 drag racing drivers event events f1 ferrari florida ford formula 1 formula one grand prix hall of fame indianapolis indycar jimmie johnson kyle busch le mans mclaren motorcycles motorsports muscle cars nascar nhra race tracks racing racing events racing industry racing season sebastian vettel speedway sprint cup teams technology tony stewart tracks united states
Featured VideoWorld's Greatest Drag Race 2! [05:17]