ROCKINGHAM Motor Speedway has been sold to Jersey-based investors Grey Rock.
The circuit, which opened 12 years ago with much fanfare and once had plans to bring US-style oval racing to the UK, has recently refocused towards more track days and industry-oriented work including new model testing and corporate events. The British Superbike Championship went there between 2001 and 2003. While racing at Rockingham has dropped off in recent years, some championships still visit including ThundersportGB.
The buyout is part of an acquisition of the neighbouring Priors Hall development, and is said to secure the circuit’s future. Its new owners are represented by Stuart Wright, who said: 'I’m delighted to be involved in Rockingham. There is a great team in place who have shown tremendous commitment to the track and I look forward to helping them to develop Rockingham as one of the UK’s leading automotive race and test centres.'
Rockingham Chief Executive Charlotte Orton said: 'This is an extremely positive development and is vital for the sustainable future of Rockingham. This new investment will provide the circuit with the opportunity to continue to grow and reach its full potential.
'There have been a number of changes since I joined Rockingham 10 years ago, and it is fair to say it has been difficult at times, however this investment rewards the great team spirit we have at Rockingham and all the hard work which goes on behind the scenes.
'Rockingham changed its core business focus in 2006, and as a result has transformed from being more than just a motor racing circuit to one of the UK’s leading automotive and testing venue, which has made profit year on year.'
