Townsville 400 contract renegotiations delayed

V8 Supercars and the Queensland state government have pushed back contract renegotiations over the Sucrogen Townsville 400.
Both events have contracts till the end of 2013 and rely heavily on support from the Queensland government.
V8 Supercars chairman Tony Cochrane said other north Queensland centres have shown interest in hosting the series should the government pull its support for Townsville, following on from the Mackay tourism board's recent declaration that it would be interested in hosting V8 Supercars.
"I think it would be unfair of me to publicly comment about private discussions at this stage," said Cochrane.
"We would obviously like to see (the Townsville event) continued, but there are other regional towns in north Queensland that would like to have it as well."
The Queensland state government said renegotiations would take place at some stage but refused to give a timeframe.
"The current contract with V8 Supercars has two more events to run this year and 2013," Queensland Tourism and Events Minister Jann Stuckey said.
"The Queensland Government, through Events Queensland, will begin renegotiations in due course."
Cochrane said of the delay in negotiations: "They're brand new, so they haven't had much of a chance to focus on it yet."
Queensland-based sugar producer Sucrogen recently announced it had extended its title sponsorship of the Townsville event till 2013.
The 2012 Sucrogen Townsville 400 will be held on July 6 to 8, receiving a boost with the news 1997 Formula 1 world champion Jacques Villeneuve will fill in for the injured Greg Murphy in the Pepsi Max Crew entry at the event.
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