Superloop Adelaide 500

The Hon. F. PANGALLO (15:01): I seek leave to make a brief explanation before asking a question of the Minister for Trade and Investment on the Superloop 500.

Leave granted.

The Hon. F. PANGALLO: Considering that Virgin Airlines, a major sponsor of the Supercars, has gone into voluntary administration, and Holden, or General Motors, have announced that they will pull out of the Supercar event at the end of 2020, which will impact on eight of the 13 teams, is the event under threat of not having enough entries, or will the format have to be revised?

The Hon. D.W. RIDGWAY (Minister for Trade and Investment) (15:02): I thank the honourable member for his ongoing interest in South Australia's motorsport. Indeed, the Superloop Adelaide 500 has been a wonderful success. Certainly, with the demise of manufacturing, especially Holden here in this state, Virgin is a major sponsor of not only the Supercars but other big events in Australia. Their current financial situation is a concern for us all, especially for the travelling public. I will refer the details of the question to the Minister for Tourism and the Premier in the other place and bring back a reply.