Rockhampton Regional Council today announced it will not be going ahead with the purchase of a parcel of land at Bouldercombe earmarked as a potential motorsport precinct.
Mayor Tony Williams said Council's conditional contract on the site required a decision to be made by the end of the month and Councillors had resolved at yesterday's meeting not to proceed.
"This wasn't an easy decision to make, and I want to make it clear at the outset that Council still supports a motorsport precinct, but the timing is not right to push ahead with this at the moment," Mayor Williams said.
"Council needs to focus on more immediate and substantial infrastructure priorities to sustain and support growth in our region, including key water, sewerage and road projects."
"Unfortunately, we are constrained by the financial impact of COVID-19 and this is a choice we have had to make – prioritising the "must do's".
"I know our passionate motorsport community and motoring enthusiasts will be disappointed to hear today's news but I want to assure them that Council supports a motorsport precinct for our region and we will continue to progress this in the background."
"Our immediate focus will be to build on the success of the inaugural Rockynats event and to really make that the best it can be," Mayor Williams said.
Rockhampton Regional Council has written to local Bouldercombe residents and sporting clubs to notify them of the Council decision.
