Hampton Downs Motorsport Park has reportedly been sold for around $13.5 million to Australian pet food mogul and Highlands Motorsport Park owner Tony Quinn. (Photo by Hampton Downs)

Velocity NZ understands a decision was made earlier this week to accept Quinn’s offer to buy the circuit, a process which will see the North Waikato facility removed of all debt. Velocity NZ sources close to the Highlands Park owner indicate Quinn has intentions to complete the circuit extension and facilities, and retain existing circuit management. 

The surprising news comes just one month after Quinn was denied the opportunity to acquire Taupo Motorsport Park, though he has made efforts to acquire Hampton Downs before.

Speculation surrounding the purchase of Taupo Motorsport Park indicated Quinn would likely bring the Australian GT Championship to New Zealand for a second round of the series. However the failed attempt to buy the Central North Island circuit now opens the opportunity to bring the series to Hampton Downs Motorsport Park.

Whilst the purchase has not been confirmed by representatives of Quinn or Hampton Downs - who were unavailable for comment at the time of publication - Velocity NZ understands the purchase is set to go through within the first two weeks of April. 

Hampton Downs Motorsport Park has quickly become New Zealand’s busiest race facility boasting over 320 days of use per year. With the impending change of ownership, it is unclear what changes will be made to the circuit’s availability. 
-Velocity New Zealand