Under the powers of the Local Government Act 2009, on 7 March 2016 Council established Ipswich Motorsport Precinct Pty Ltd as a wholly-owned subsidiary under the Corporations Act 2001. The company’s name was changed on 21 February 2017 to Ipswich Motorsport Park Pty Ltd.
The company’s objective is to redevelop the motorsport park into an internationally recognised motorsport and events park. By increasing participation and attendance, the park aims to deliver commercial and economic benefits to the local and Queensland economy while supporting and facilitating Australia’s burgeoning motorsports industry.
The focus of the board has been on developing the park and its reputation as a major events location for South East Queensland.
Board of Directors
Ipswich Motorsport Park (IMP) is governed by the following board of directors.
The board meets regularly to discuss performance and projects and provides regular briefings to council.
The company (IMP) is audited by the Queensland Audit Office. Directors are not remunerated.
David Morrison (Deputy Chair)
David has been a Camira resident for over 30 years. He attended Goodna State School and Corinda State High School. David worked for 5 years at McPherson’s Engineer Suppliers, 5 years with the Queensland Department of Education and prior to becoming a full time Ipswich City Council Councillor in 2000, was employed as a teacher at Westside Christian College, Goodna for 10 years.
Frequently Asked Questions
Why was Ipswich Motorsport Park created?
To oversee and deliver a major re-development of the park and to increase participation and attendance with the aim to deliver significant commercial and economic benefits to the local and Queensland economy.
Who appoints the directors?
Ipswich City Council as the shareholder.
Does the company report to Council on its commercial activities?
Yes. It meets with Councillors regularly to provide an overview of company activities and formally reports to Council each year including the presentation of the Directors’ Report and the financial statements.
For more information please complete these contact details