Statement regarding Sherrin Motorsport

STATEMENT REGARDING SHERRIN MOTORSPORT The Confederation of Australian Motor Sport Ltd (CAMS) has received formal advice today that Sherrin Motorsport has been placed into liquidation. Sherrin Motorsport holds category management agreements...

STATEMENT REGARDING SHERRIN MOTORSPORT

The Confederation of Australian Motor Sport Ltd (CAMS) has received formal advice today that Sherrin Motorsport has been placed into liquidation.

Sherrin Motorsport holds category management agreements for the Carrera Cup Championship and MINI Challenge and earlier this year announced that it would be relinquishing the category management rights to both series at the end of 2008.

CAMS has already been in discussions with both Porsche Cars Australia and BMW Group Australia (which owns MINI) to ensure that both categories continue to run smoothly.

"CAMS is committed to working with the various stakeholders to help minimise the impact of this situation on teams and competitors, and achieve a smooth transition for the remainder of the 2008 season and through 2009," said Sandra Lordanic, CAMS Senior Manager, Corporate Services and acting CEO.

-credit: cams.com.au

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