House of Assembly - Fifty-Second Parliament, Second Session (52-2)
2013-06-04 Daily Xml

Contents

CLASSIC ADELAIDE RALLY

322 Mr HAMILTON-SMITH (Waite) (23 August 2011) (First Session). With respect to 2011-12 Budget Paper 4—Volume 4, p19—

1. Have the debts associated with the previous Classic Adelaide Rally event been resolved and who has sustained financial losses as a result of its collapse?

2. Have intellectual property and ownership issues of the previous event and the new event been resolved?

The Hon. L.W.K. BIGNELL (Mawson—Minister for Tourism, Minister for Recreation and Sport): I have been advised:

Administrators were appointed on 13 April 2010 and all matters relating to creditors payment were managed directly by them.

The intellectual property of the now defunct Classic Adelaide remained with the previous owners.

South Australia has a new event, Targa Adelaide, owned and managed by Octagon. This event is heading to its third year in 2013.