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Wakefield Park NSW For Sale


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#1 275 GTB-4

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Posted 30 August 2006 - 12:11

Unconfirmed report: page five of todays Fin Review....an advert for the sale of the track.

If this true....cross your fingers that yet another purpose built track does not fall into the hands of the "developers" :(

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#2 Ray Bell

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Posted 30 August 2006 - 12:41

And just what could they develop it into out there? A sheep paddock?

#3 GreenMachine

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Posted 30 August 2006 - 23:10

Too far out of town for residential development, cost a lot to turn it back into sheep paddock again - cheaper to just buy a sheep paddock.

I can't think of a use that would make sense financially, other than more or less what it is now.

I wonder if those garages erected along the pit entry were the straw that broke the circuit's financial back?

Regardless, I would not want it to disappear - the Green Machine has spent many happy hours on it, and looks forward to many more :)

Maybe Tony P should accelerate development of Oran Park Mk II ....

#4 Ray Bell

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Posted 30 August 2006 - 23:17

Originally posted by GreenMachine
.....I wonder if those garages erected along the pit entry were the straw that broke the circuit's financial back?


Not likely...

Those belong to Garry Willmington. The owners wouldn't build them, so he did a deal for him to build and own them as a joint venture setup. They're big money-spinners too.

I rather doubt that there is any real financial trouble at the circuit that couldn't be circumvented with some restructuring. In other words, if the place is for sale, I don't think it's because it's losing money.

.....Maybe Tony P should accelerate development of Oran Park Mk II


I don't think the Perich family would bother to be involved in anything smaller than what Oran Park's become. Wakefield doesn't fill that bill because it's just too far from Sydney.

#5 Bernd

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Posted 30 August 2006 - 23:19

Yeah it's an interesting little circuit which I'd miss.

#6 cosworth bdg

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Posted 31 August 2006 - 04:22

Originally posted by Bernd
Yeah it's an interesting little circuit which I'd miss.

Agreed.................................V8 Supercars. :down: :down: :down: :down: :down: :down:

#7 RTH

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Posted 31 August 2006 - 06:06

How many acres is the entire site and what is the price ?

#8 Ray Bell

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Posted 31 August 2006 - 07:24

272 hectares...

I don't believe it's actually for sale. It's a toe in the water exercise by the present owners trying to establish its market value. Or so I'm now told.

#9 RTH

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Posted 31 August 2006 - 08:59

Typically how much per hectare would agricultural land sell for in NSW, Ray ?

#10 Ray Bell

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Posted 31 August 2006 - 09:06

Much less than they've put into the place in the past eight or nine years...

#11 GreenMachine

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Posted 31 August 2006 - 09:16

I don't think the Perich family would bother to be involved in anything smaller than what Oran Park's become. Wakefield doesn't fill that bill because it's just too far from Sydney.



Ray, I wasn't suggesting that WP should/could become the successor to the current OP circuit, rather that planning for a second Sydney circuit might need to be accelerated. OP has only a year or two of life left, and all it takes is WP to go into mothballs/recess, and club motorsport would be in a major hole. :cry:

I am glad it's only a 'toe in the water' exercise - I think. It would be nice to know just what the owners' long term plans might be, but all we can go on is what we see, and our own conclusions. :rolleyes:

#12 Catalina Park

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Posted 31 August 2006 - 09:48

Speaking as a local near Wakefield Park, I doubt that it would close, it is used nearly every day and seems to have a steady income stream.

If it was to close it would not become farm land, it would become 40 hectare hobby farms. :rolleyes: City people that need a "tree change" and see the rural life irresistible and grow noxious weeds and alpacas. There are lots of these sort of farms springing up all around the area including near Wakefield Park.

The price for a hobby farm would be about $7000 per hectare.
Agricultural would sell for about $3000 per hectare.
(prices vary according to location and soil quality. :cool: )

So you can see why the big farms are being split up into smaller blocks. The fact that we have been in drought for the past 6 years wouldn't help.

#13 RTH

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Posted 31 August 2006 - 10:20

Both those prices are less than 1/6th of the price of farm land in rural Britain even for grade 2 land.

#14 275 GTB-4

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Posted 31 August 2006 - 12:37

Originally posted by Catalina Park
If it was to close it would not become farm land, it would become 40 hectare hobby farms. :rolleyes: City people that need a "tree change" and see the rural life irresistible and grow noxious weeds and alpacas. There are lots of these sort of farms springing up all around the area including near Wakefield Park.


Not to mention the bloody great 11000 Volt easement and towers running across the bottom of the track....slow cooked Alpaca....mmmmmmmm ;)

#15 275 GTB-4

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Posted 13 August 2015 - 22:54

Wakefield has changed hands once again...the Ronke's might be wanting to concentrate on Winton.

 

The new owners have advised increased track day hire charges and insurance arrangements are not clear.

 

Here's hoping that not much else changes as the track is well used and appreciated for its location (by some)



#16 GreenMachine

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Posted 13 August 2015 - 23:35

275, that is not what I have heard. My understanding was that it was an internal shakeup. Have you a source or any more info on this?

#17 Dick Willis

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Posted 14 August 2015 - 02:31

We were told at the drivers briefing at Winton last weekend that the Ronkes have gone, Mick snr, of course has passed away.



#18 Ray Bell

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Posted 14 August 2015 - 02:42

My information is to that effect as well...

The Ronkes have gone. But they were never the owners, they managed the circuits on behalf of the owners.

That's the Benalla Auto Club and/or its business entity.

#19 Jacer

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Posted 14 August 2015 - 04:29

I don't know why they would sell Wakefield over Winton, It's the one that actually makes money.



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#20 275 GTB-4

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Posted 18 August 2015 - 22:18

Interesting that Wakefield are advertising for a full set of Official's, Flaggies, Grid etc...contact wayne@wintonraceway.com.au

 

A new broom? :)



#21 Ray Bell

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Posted 18 August 2015 - 22:36

Probably can't find the contact list...

Apparently there was some confusion about records and that kind of thing under the Ronke management, the office clean-up is expected to take quite some time.

Where are they running the ads?

#22 Lee Nicolle

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Posted 18 August 2015 - 23:43

My information is to that effect as well...

The Ronkes have gone. But they were never the owners, they managed the circuits on behalf of the owners.

That's the Benalla Auto Club and/or its business entity.

That was reported on Speed Cafe. I cannot remember the reasons. They had been there for a long time.

Who actually owns Wakefield Pk? I feel the Ronkes were only managing that too.?

Though good managers I suggest may be worth their weight in gold. The difference between being succesfull and closure.



#23 Lee Nicolle

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Posted 18 August 2015 - 23:45

Interesting that Wakefield are advertising for a full set of Official's, Flaggies, Grid etc...contact wayne@wintonraceway.com.au

 

A new broom? :)

Here in SA we have SAMROA who supply officials for most events, I think all circuit  race events.

I would have thought NSW would have had a similar entity.



#24 Ray Bell

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Posted 19 August 2015 - 00:39

Originally posted by Lee Nicolle
.....Who actually owns Wakefield Pk? I feel the Ronkes were only managing that too?


As in the piece you quoted, Lee...

Benalla Auto Club. The Ronkes were employees of the Benalla Auto Club.

#25 Dick Willis

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Posted 19 August 2015 - 01:20

It seems that the new management have drastically increased the track hire prices for GEAR and all the GEAR splinter groups.



#26 timbo

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Posted 19 August 2015 - 03:07

Here in SA we have SAMROA who supply officials for most events, I think all circuit  race events.

I would have thought NSW would have had a similar entity.

 

Many years ago, NSW had the Motor Sport Officials Association, who supplied flag marshals etc.



#27 275 GTB-4

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Posted 19 August 2015 - 04:12

BAC Inc

2014 Committee Members are:
President- Peter Lawrence
Vice President- Barry Stilo
Secretary- Matthew Ronke
Treasurer- Chris Lewis-Williams
Committee members: Adam Ronke, Warren Sheehan, Gary Bennett, Stephen Harrison, and Ian Watt

Benalla Auto Club Inc. Life Members:
George Plumridge
Michael Ronke
Mary Stafford
Denis Williams
Dianne Stolz
Bruce Robertson
Trevor Willmott
Barry Stilo
David Fogg
Rod Noonan
Ken Farrell
Frank Wellman
Heather Wallace
- See more at: http://www.wintonrac...h.PSCl4ZqI.dpuf
 
AND
 
Trouble in Toy Town!

http://www.mmg.com.a...-s-woes-1.94754


Edited by 275 GTB-4, 19 August 2015 - 04:23.


#28 Ray Bell

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Posted 19 August 2015 - 05:14

I have it on good authority that Michael Ronke's life membership has been cancelled...

And that cited item is undoubtedly why there is a 'new broom' at Wakefield Park.

#29 cooper997

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Posted 19 August 2015 - 05:21

I'm sure many committee members at the coal face of Car Club level motor sport and who ran events at Winton will have tales to tell about Mick Ronke's methods. From personal experience not all will be favourable.

Stephen

#30 Amaroo Park

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Posted 19 August 2015 - 10:42

Hope they can get there house in order now it sounds like it has been needed for a while



#31 jindera1

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Posted 24 August 2015 - 11:38

A new committee has been elected on Saturday July 11, 2015:

 

Office bearers

 

Peter Lawrence- President (unopposed)

Barry Stilo- Vice President (unopposed)

Chris Lewis-Williams- Treasurer (unopposed)

Rex Monahan Secretary - only nominee

 

Committee members:

 

Willie Van Wersch

Neville Kettels

Rex Monahan

Peter Lawrence

Barry Stilo

Chris Lewis-Williams

Warren Sheehan

Phil Wagner

Murray Edgar

Rob Hoskins

Bernie Mylon


Edited by jindera1, 24 August 2015 - 11:38.