Unfortunatly I couldn't get down to this to ask the obvious questions regarding the future of the circuit for grass roots motorsport, although from what I've heard second hand it's not looking good.
Apart from that the plans look pretty good.
PHILLIP ISLAND RACETRACK RESORT 2010
THE VISION FOR THE FUTURE – CREATING A WORLD CLASS SPORTING VENUE
Australian Golfer of the Century Greg Norman today joined with five times world motorcycle champion, Mick Doohan, five times V8 Supercar champion Mark Skaife and Andrew Nicholls, General Manager of circuit owners, Linfox Property Group, to unveil their combined vision for the future of the Phillip Island Grand Prix circuit.
Designed to create a world class sporting and resort venue on the 380 hectare site and secure the financial viability of the circuit through additional, year round income streams, the $300 million plans include:
· Major upgrade and extension to event infrastructure including the pit building and race control, the media centre, television broadcast zone, a permanent Expo facility and paved carparking
· A go-kart track which is a 722 m replica of the 4.45 km Phillip Island Grand Prix circuit. There will be a range of karts to suit driving levels – the top line being 28hp SLR Karts imported from Switzerland and personally tested and selected by Mick Doohan
· A unique, cliff top 18 hole golf course with spectacular coastal views, designed by Greg Norman
· A five star, resort hotel featuring 1175 rooms and a conference centre and clubhouse built in three compact villages called Heath, Crest and Lakeside and positioned between the golf course and the circuit
· A complete makeover of the circuit entrance at gate one to ensure an entrance fitting a world class sporting venue
· A state of the art permanent office, club and corporate facility at the end of the main straight, catering for 200 guests and boasting extensive circuit views to Bass Strait
· Two new water environments on the western boundary of the property and extensive revegetation of the property with the native heath that was destroyed when the area was cleared in the 1860’s for farmland
Phillip Island Grand Prix Circuit was purchased by LINFOX Property Group in mid 2004 and $3million has already been spent in the past year on safety and infrastructure requirements.
Of the proposed development, the go-kart track is due for completion by Christmas; a permit has been granted for the first stage of the hotel development; a planning application has been lodged for the golf course and remaining accommodation; and plans are being finalized for the office, club and corporate facilities, entrance and other circuit upgrades.
The intention is for race facility upgrades to start next year and continue indefinitely; for the Summit Club corporate facility and new office to be ready in one to two years; for the golf course to be completed in three years; and for the accommodation to commence in two years and be built in stages over five years.