Consistent with the outcomes of the organisational review conducted by Ernst & Young, the CAMS Board have accepted a recommendation of Ernst & Young to disband the Australian Motor Sports Commission (AMSC). This decision is based on the ...
Consistent with the outcomes of the organisational review conducted by Ernst & Young, the CAMS Board have accepted a recommendation of Ernst & Young to disband the Australian Motor Sports Commission (AMSC).
This decision is based on the establishment of a commercial operations division within the CAMS structure to be responsible for its own commercial dealings. Ernst & Young believed, and CAMS Board supports, the activities undertaken by AMSC are fundamental facets of the CAMS business and should be overseen by the CAMS Board and managed under the authority of the CEO.
In taking this decision CAMS President, Colin Osborne said "the original rationale for establishing the AMSC many years ago has now dissipated and whilst the AMSC and more recently its members have served the sport and CAMS very well, it is now appropriate in today's organisational climate to integrate these operations in-house". Osborne added "the Board in making this decision wish to acknowledge the significant contribution made by members of the AMSC, particularly David Tait who has chaired AMSC for many years, Johnathon King-Christopher and Steve Chopping who have been Commissioners also for many years and fully appreciate their commitment to CAMS and motor sport, all of who have extended their ongoing commitment to remain involved with CAMS and the sport as required".
To transition these arrangements in-house, the CAMS Board last week appointed Allan Moffat OBE as Chair and Graeme Emerton as Commissioner to join Colin Osborne as a Commissioner to manage this transition process. These appointments are legally necessary to wind-up the operations of AMSC.
Concurrent with these changes CAMS has made a number of pertinent structural changes and key appointments to ready itself for this transition. These include the establishment of a Commercial Operations Division to manage CAMS IP, establish and build self-sustaining funding models for motor sport and to pursue commercial opportunities for CAMS.
These activities will include those previously undertaken by AMSC and extend to category management agreements, facilities and business development arrangements (e.g. category profiles and framework, category manager liaison, category management administration, manufacturers engagement, promoters and facility owners/operators engagement, national infrastructure and facilities strategy and planning, strategic partnerships and special projects).
The new Commercial Operations Division is headed by Cathy Hattersley, who commenced with CAMS in early March and brings with her significant professional business management, marketing and negotiation experience. Michael Masi will assist Cathy with these functions, given his extensive motor sport experience and background. Michael commenced with CAMS last week.