Property

Pet food millionaire snaffles Taupō racetrack

Pattrick Smellie
Sat, 17 Apr 2021

Quinn made his millions in pet food, but his passion is fast cars.
Pattrick Smellie
Sat, 17 Apr 2021
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...

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