Gold Coast's Indy car race axed
THE Indy car race will no longer run on the Gold Coast after negotiations with the Bligh government broke down.
After 18 years, the race will be replaced with the A1 Grand Prix series to take its place alongside the V8s next October, Premier Anna Bligh has told the Gold Coast Bulletin.
She said negotiations with the Indy Racing League had broken down due to insurmountable hurdles over funding and dates.
A new five-year deal had been reached with the A1GP for the Gold Coast to join its race calendar that includes Great Britain, China, Mexico, Portugal, New Zealand and South Africa.
"We have reached in principle agreement with the A1GP and expect to finalise contractual arrangements within the next week," she told the Gold Coast Bulletin.
"The A1GP is a world-class racing series with an action-packed race calendar."
Sports Minister Judy Spence said the owners of the Indy Racing League wanted the Gold Coast race moved from October to March.
"They have an expanded series of events and our Indy clashes with the early part of the American football season," said Ms Spence told the Bulletin.
"Moving our race to March as they had requested was not an option due to the clash with the F1 Grand Prix in Melbourne and the Clipsal V8 race in Adelaide."
The race has been held on the Gold Coast since 1991 and the V8 Supercars series has already committed to next year's rally.