V8 Supercar venture abandoned

Gosford's V8 dreams crash

The push to bring the V8 Supercars to the Central Coast has stalled at the starters’ flag, according to Central Coast Council.

The council has announced it would not continue investigations into the opportunity following advice that disruption to traffi c and freight would be too great and ratepayers would potentially be left with signifi cant costs to host the event. Council’s CEO, Mr Rob Noble, said it was disappointing that the Central Coast would miss out on such an amazing opportunity, but in the end, the numbers simply did not stack up. “On paper this looks like a fabulous opportunity for the Coast,” Mr Noble said.

“Then you drill down and realise we would have to close one of the main arterial roads on the Coast for more than four days,” he said. “I know residents would rather we spent the money on roads they actually drive on every day. “In the end it just didn’t stack up for us,” said Mr Noble. Mr Noble expressed his gratitude to Destination NSW and the NSW Government for their desire to bring the opportunity to the Central Coast. “It demonstrates that the tourism potential of the Central Coast is recognised by Government,” Mr Noble said. Mr Noble said that while the V8 Supercar venture has been pushed aside, there would still be other occasions for Central Coast tourism to develop. “We know that discussions regarding other opportunities to grow the profi le of the region will continue,” concluded Mr Noble.

Media release, Jul 11, 2016 Central Coast Council media