Darwin’s Hidden Valley Raceway has been given a further $8 million in funding for additional circuit and facility upgrades, the Northern Territory government has confirmed.
The announcement is guaranteed to ensure that the north Australian circuit will remain on the V8 Supercars Championship calendar long after the end its current contract, which is set to expire at the end of the 2018 season.
The circuit had already been the beneficiary of $9.6 million in public works funding in the last 18 months, with major works including a complete resurfacing of the 2.86-kilometre circuit and replacing its earth-filled tyre bundles with considerably safer concrete trackside barriers through the opening complex of corners.
The latest funding allocation will see $4 million to replace water mains and systems, $2 million to install a glass-fronted structure that includes seating, bar and kiosk and a VIP area, $1 million to install lighting and power for the pit area $750,000 for upgrades to the Darwin speedway race surface, $200,000 to upgrade air fences and $100,000 to install WiFi throughout the complex.
“The Territory is fast building a reputation as a haven for motorsports and this significant investment will help ensure events like the V8 Supercars are here to stay,” the Northern Territory’s Chief Minister, Adam Giles, said.
“Motorsports fans have a lot to look forward to in Budget 2015 with a multi-million dollar package of sports infrastructure spending right across the Territory.”
The V8 Supercars Championship’s round of the SkyCity Triple Crown will take place on the weekend of 20-21 June.