Procar Australia Ceases Operations
23/4/2004:
MOTOR racing organiser PROCAR Australia announced today it is ceasing operations immediately.
Ross Palmer, Chairman and founder of the Brisbane-based company, said a meeting of directors today unanimously agreed to a strategic withdrawal from the industry.
PROCAR, founded in 1994, staged the PROCAR Champ Series events and four motor racing series, the Australian Nations Cup Championship, Australian GT Performance Championship, Australian Production Car Championship and V8 BRutes Series.
Mr Palmer said PROCAR Australia has been supported in the past by substantial subsidy both from him personally and businesses within the Palmer Group, a situation which could not be sustained.
PROCAR will consult with its competitors and other constituents next week to seek input on the future of the company’s intellectual properties, including the racing categories.
From the pro car australia website
It seems that australias 2nd biggest raceing organizer is packing it in...without this series we loose the nations cup races,GT-P (production series of raceing),aus F3..and a few smaller catigorys based on power to weight and the futer racers. It also hang a large black cloud over our bathurst 24 hour....what a sad day it is....Prehaps avesco might be willing totake over this..but of course their shcedules are already very fullowning v8 supercars,konica/minolta v8 super cars,formula ford,historic racers,aussie chmap car (little motrobike powerd cars that are kewl ),MG cup,Carrera cupa dnt eh proposed lotus cup....but this is a serious blow im loosing my faveorite catigory GT-P,and nations cup and there are going to be alot more unemployed race car drivers over this way soon...