$30 million in 30 days invested into V8 Supercars

V8 Supercars Australia will announce in excess of $30 million in new deals for the sport in the next 30 days. The equivalent of $1 million for every day of October will be injected into the sport through six new ‘super deals’ that have been negotiated and agreed in recent months.

Beginning this Friday at the Supercheap Auto Bathurst 1000, V8 Supercars Australia will start rolling out the announcements that include $9 million in new sponsorship deals and $21 million from new long-term contracts with permanent Australian circuits.

This is on top of the existing sponsorship and event agreements that has V8 Supercars positioned as a power in the Australian sporting landscape.

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HRT to Celebrate GM Holden's 60th Anniversary at Bathurst

Last Updated on Saturday, 04 October 2008 02:11

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Holden confirms less cash for teams

Holden managing director Mark Reuss confirmed the manufacturer would probably have to tighten its spending on the V8 series as the global downturn and soaring petrol prices savage big car sales.

But any funding cuts were likely to be offset by more creative ways of spending Holden's money in V8 racing, especially using the series' move to environmentally friendly fuel next year to spruik the company's "green" credentials and cars.

Last Updated on Friday, 03 October 2008 00:03

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2009 V8 Supercar Schedule announced as new Sydney 400 race confirmed

The 2009 V8 Supercar Calendar was today announced by V8 Supercar Chairman Tony Cochrane who has also announced the season will be concluded by the new Sydney 400 at Homebush Bay in New South Wales. The Five Year, $30 Million deal with the NSW Government has been described by Cochrane as "The biggest development in the modern era of the championship."

The season once again will be kicked off by the highly successful Clipsal 500 in March with the V8s heading to Melbourne the weekend after for the Non Championship, Australian Grand Prix.

The V8 Circus will head across the Tasman for the Hamilton 400 which has had its ticket levels capped to only 50000 next year due to over crowding in the tight street circuit.
Last Updated on Saturday, 04 October 2008 01:55

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