RACE consortium has acquired V8 Supercars
November 2021 — Archer Capital has sold V8 Supercars Holdings Pty Ltd (V8 Supercars) to Racing Australia Consolidated Enterprises Ltd (RACE).
RACE is a newly formed consortium of motorsports and related industry players. Led by entrepreneur Barclay Nettlefold, the consortium includes the Australian Racing Group (ARG), motor racing great Mark Skaife, advisory firm Henslow, and a host of media, sports and entertainment investors. RACE brings together an experienced board who are motivated to reset and reenergize V8 Supercars. The new ownership group has operational experience and brings significant marketing clout to V8 Supercars and is excited about aligning the major circuit racing categories in Australia.
V8 Supercars is one of the world’s most iconic sporting and entertainment franchises which is ingrained in Australian culture. With events featured in every state and territory of Australia, V8 Supercars is one of Australia’s most recognized sporting events, with premier races such as the Bathurst 1000.
Archer Capital is one of Australia’s most experienced private equity investors. Archer Capital was established in 1997 and is 100% Australian-owned with US$1.9 billion invested across 31 businesses.
Our role in the transaction
Oaklins’ team in Australia acted as corporate advisor to RACE in this transaction.
Talk to the deal team
Related deals
Boeser Frischfleisch has secured financing for the acquisition of Vion Crailsheim
Boeser Frischfleisch GmbH has secured financing in connection with the acquisition of the Crailsheim site from Vion Group. The site specializes in the slaughtering and cutting of cattle and pigs and plays an important role in the southern German meat industry. Through the acquisition, Boeser Frischfleisch expands its value chain and strengthens its position in a market characterized by ongoing structural change and consolidation.
Learn moreDan Group Alarm Syd has been sold to Varna Security
Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.
Learn moreLivlande Agro has been acquired by Merito Partners
Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.
Learn more