|
Seconded.
The full release is indeed that HD is for sale, part or all of the enterprise, or to explore other options to raise finance.
The enterprise has been operating profitably for the last two years but to get things finished needs a cash injection, not further loans. Hiring out the track gets them an income, but they probably get a far greater income from the popular and over subscribed track days.
Neither Tony nor Chris were cash millionaires when they started the project (far from it) so to achieve what they have is nothing short of remarkable, especially considering the hurdles of the very expensive fight against the Labour goverment (who opposed it, via two government departments, Corrections/Prisons and Transport/Roads) and the subsequent delays of two years and the banking system's near collapse.
I have just had an email from a first time UK visitor to the track (for the Hulme Festival) and he was just blown away by it - and it isn't even finished.
|