Hottrax no more ....

Started by mc101, May 29, 2015, 09:10:41 AM

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mc101

Just ion case anyone has European tracktime booked with them ..

It is with great regret and sadness that Hottrax Motorsport Racing Club Ltd announce that we must cease trading as of 29th May 2015. After taking advice from our financial advisors it has become apparent that we cannot meet our financial commitments. The Directors have no choice but to cancel all future events and place the company into liquidation.

We are very sorry for the people who have put their trust in us this year and in the past, the meetings we have run have been special and we have made some lovely friends during the past 9 years.

Our thanks go to the officials and marshals who have given up their time, mostly free of charge, to help us run meetings for everyone's benefit and enjoyment.

Any enquiries should be addressed to the proposed liquidators whose details are listed below.

Robert Day and Company Ltd
The Old Library
The Walk
Winslow
Buckingham
MK18 3AJ

Telephone: 0845 226 7331
2015: NLR HT1 Endurance (1st)
2014: ACU National Endurance 1000 (2nd)

Millhouse

so how long before its only NL and MSVT that are running bike trackdays?
Life is a contact sport,  you'll be needing rule #5

0luke0

That's shit. Will mean a lot of people will lose money.

Do they take a years race entries up front to?

Who are you going to race with?



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mc101

Quote from: 0luke0 on May 29, 2015, 10:05:14 AM
That's shit. Will mean a lot of people will lose money.

Do they take a years race entries up front to?

Who are you going to race with?



Yes some teams have paid for a year up front.  Alas maybe difficult to get their money back unless they paid by c/c ;-)

To be decided but will be racing at Brands in a few times time with NLR...

2015: NLR HT1 Endurance (1st)
2014: ACU National Endurance 1000 (2nd)

0luke0

I'll be there too.

NL sent a message out to all members saying its crucial to get entries in on time from now on. Guess they anticipate lots will come from Hottrax.

Hope you get it sorted, see you at Brands


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Tuck

Its a real shame. I feel gutted for those who have paid so much upfront and may struggle to get it back. People have scored points in the championships and have committed to putting bikes out there and pleasing sponsors. Dave an Karen must be gutted, they must have lived and breathed the business in its TD and race series forms and must feel really bad about the whole mess. I guess with the big numbers that have to be put on the line to organise these events must make it difficult for all but the circuit owners or someone with a big buffer of money to balance these days. Shows how No limits have done well to balance their books when everyone else has struggled to make a living running in the UK.

The Hottrax paddock had a great atmosphere, was friendly enough to be fun but serious and competitive enough to be a respected National series. I certainly enjoyed my time there supporting Mark and Dave and was hoping to get back over to support at a few rounds when I get my free time back.

Hope that when the dust settles the folks who have time and money tied up in turning out for the season can get themselves straight and that there are places for them to all race elsewhere.

Wonder how long before we see MSV club level championships as from the outside it looks suspiciously like they want to take back and run their circuits themselves rather than through middle men.