12^th January 2005 Press Release

BARC Ltd announce new acquisition

BARC Ltd are delighted to announce the purchase of Mallory Park (Motorsport) Ltd. The acquisition of Mallory Park (Motorsport) Ltd will entitle the BARC Ltd. to full operational rights of the superb Leicestershire circuit.

The former pony trekking site, bought by the late Clive Wormleaton, and converted into a tarmac circuit in the 1950’s, has largely retained its original concept and lay out – a fast, simple venue that provides spectacular motor racing. Because of this, Mallory Park has seen most of the greatest names in motor sport, either on two or four wheels. Such a great history and the undoubted potential of the venue have made the Leicestershire circuit an obvious choice for the BARC.

The purchase of Mallory Park will take the club’s tally of circuits to three, the BARC running both the Thruxton circuit since the late 1960’s and Pembrey since the early 1990’s.

The BARC Ltd. had been contemplating purchasing another circuit for sometime and to acquire such a prestigious venue is great news for the Club.

There are no plans to make any major changes at Mallory, with all existing circuit activities continuing under the new ownership. With a large amount of updating already having taken place at the circuit, no other major work is planned at the circuit at present.

BARC’s Chief Executive Dennis Carter "The acquistion of Mallory Park (Motorsport) is a natural step for us as a company, fitting in very well with our existing circuit based businesses at Thurxton and Pembrey. Mallory Park has been part of the core of British Motorsport for many years, under the excellent guidance of the Overend family. Our intentions are certainly not radical and the business will continue very much as before bringing some of the best of events to the Leicestershire circuit."

A sentiment that was reciprocated by David Overend Mallory Park’s managing director. "I am delighted that agreement has been reached regarding the future of Mallory Park. My family have been involved with the circuit for over thirty years, since 1984 as day-to-day operators. The decision to move on was not an easy one, but both Ron and I are convinced that Mallory Park will prosper with the BARC and that the circuit’s traditions and style will continue under their guidance."

Mallory Park is already looking forward to a full and action packed racing season in 2005. The circuit’s calendar will offer a great variety of entertainment for fans of two, three and four-wheel motorsport. The season kicks off on Sunday 6^th. March, with a club motorcycle meeting, following which there is at least one event every weekend until the end of October.

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