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The Queensland Government has secured three V8 Supercar events for a further three years as part of a new deal announced today (Monday 22nd July).

Confirming the new agreement, Queensland Premier Campbell Newman explained that the new agreement between the Queensland Government and V8 Supercars would see the continuation of the Gold Coast 600, Townsville 400 and Ipswich 360 until 2016.

Premier Newman explained "this is great news for tourism in Queensland and for motorsport fans across the State.

"The agreement follows extensive negotiations between the Government and event organisers and is a good outcome for both sides.

"In addition to securing the events for Queensland, our investment in V8 Supercars will focus on event outcomes, driving more visitors to the State, providing a boost to the economy and community as well as showcasing Queensland's destinations.

"Today's agreement with V8 Supercars supports our vision of tourism as one of the four pillars of the Queensland economy and adds to a growing calendar of sporting, arts and regional events backed by Tourism and Events Queensland."

V8 Supercars Chief Executive James Warburton said he was pleased to continue the partnership with the Queensland Government, adding "V8 Supercars is absolutely committed to delivering three of the states' largest annual events.

"Queensland is vital to V8 Supercars. The Gold Coast is the home of our company headquarters, and south east Queensland is a major hub for our teams.

"In 2016 we will mark a quarter of a century of the iconic Gold Coast event 25 years of amazing history and success. I congratulate all who have been involved, some of them every single year, in the Coasts' largest annual event of any kind.

"Of course these signature events are not possible without Government and community support which ensures they achieve success and significant, ongoing benefits to the respective regions."

"Events of this magnitude are so much more than a motor race; they showcase cities and regions, provide much needed jobs, achieve a sense of community pride and encourage visitors.

"It is our commitment here today to the Premier and the Queensland Government to keep developing and growing these events."

12th September 2012 - BUDGET BOOST FOR QUEENSLAND TOURISM, EVENTS AND COMMONWEALTH GAMES

12th November 2008 - GOLD COAST’S INDY CAR RACE AXED

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