Pet food millionaire snaffles Taupō racetrack

Pet food millionaire snaffles Taupō racetrack
Quinn made his millions in pet food, but his passion is fast cars.
Pattrick Smellie
Pet food millionaire and serial New Zealand motorsport racetrack owner Tony Quinn has stepped up with a $1.04 per share offer to take over Taupō’s Bruce McLaren Park.The bid is the second time around for the owner of the Hampton Downs and Highlands motor racing facilities in the Waikato and near Cromwell, respectively.Quinn last tried to buy the racetrack in 2015 when it was going through financial difficulty. He offered $3.5 million at the time and was told it was worth $6m.In the deal announced on Friday, he will be paying $6.69m, assum...

More Property

Aussie's Laguna Bay gets nod to snap up three Otago dairy farms
Primary Sector

Aussie's Laguna Bay gets nod to snap up three Otago dairy farms

The adjoining properties are being leased to Fortuna Group.

Goodman Property looks to full-year earnings growth
Infrastructure

Goodman Property looks to full-year earnings growth

The REIT lifts interim profit, as well as per-unit earnings and net tangible assets.

Andy Macdonald 20 Nov 2025
Argosy delivers strong first-half results
Economy

Argosy delivers strong first-half results

Earnings and net tangible asset value per share up. 

Andy Macdonald 19 Nov 2025
Asset Plus' first-half profit lower as Munroe Lane in focus
Economy

Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year. 

Andy Macdonald 19 Nov 2025