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| The Pub For General Automotive Related Talk |
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04-06-2009, 11:40 AM
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krunch krunch hsv 4 lunch
Join Date: Apr 2005
Location: hangin with Chopper at Bojangles
Posts: 1,100
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I knew something was up when Chic had is 'Garage sale' a few weeks ago.
Story doing the rounds in Canberra last night : Liquidation puts Summernats in jeopardy Wed Jun 3, 2009 5:23pm AEST The future of Summernats remains up in the air. The company behind Summernats has gone into voluntary liquidation, placing a question mark over the future of the event. Summernats promoter Chic Henry put Street Machine Services ACT into voluntary liquidation on Monday. Exhibition Park says the company owes it $203,000. The liquidator says he will review the company's assets before announcing how much money can be recovered. Mr Henry still owns the Summernats name and brand, and he says he is still confident he can find a buyer who will keep the event in Canberra. ACT Tourism Industry Council spokesman Joseph Griffiths says losing Summernats would be a blow. "If it were to disappear, we would feel that economically," he said. Tickets for Summernats 2010 are on sale now. |
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SUMMERNATS company goes into Liquidation
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