The Honorable Barnaby Joyce MP
Vice Prime Minister
Minister of Infrastructure, Transport and Regional Planning
The Honorable Michelle Landry
Deputy Minister of Regional Tourism
Member of Parliament for Capricorn
Senator Matt Canavan
National Liberal Party candidate for Flynn
Thursday, April 14, 2022
FUNDING TO ACCELERATE MOTORSPORTS IN CENTRAL QUEENSLAND
The Liberal and National Government is pledging $10 million to the Central Queensland Motorsport Club to help create a permanent, regionally significant motorsport area to support economic growth and tourism.
The total cost of the project is $30 million with the Central Queensland Motorsport Club to confirm further funding from local and state governments.
Deputy Premier Barnaby Joyce said the CQ Motor Sporting Complex is expected to attract visitors from central Queensland and beyond to view and take part in motorsport events.
“This development will boost the local economy and make Rockhampton an even better place to live and visit,” said Deputy Premier Barnaby Joyce.
“The complex is expected to create 65 jobs during construction, 22 ongoing jobs and contribute $2.6 million to Rockhampton GRP once operational, which will have a positive economic impact on the region.”
Capricornia MP Michelle Landry said the $10 million investment to build a motorsports venue builds on the coalition government’s commitment to regions and their local economies.
“This investment in the Coalition Government’s Central Queensland Motorsports Club motorsports venue will be a game-changer for the Central Queensland region where the rubber meets the road,” said Ms Landry.
“The district will aim to bring a significant economic boost to Central Queensland with accommodation, hospitality, retail and arts and leisure services on the hot seat to benefit the district.
“At Palmyra, I provided $300,000 in federal funding to upgrade the Palmyra Dragway and understand what facilities such as the Central Queensland Motorsports Club Motorsports Precinct bring to clubs and motoring enthusiasts,” said Ms. Landry.
Senator Matt Canavan said the $10 million investment will bring a new Central Queensland Motorsports Center to life which will benefit all of Central Queensland.
“This will provide the opportunity for BMX, Go Karts, Motor X, Speedway, Drag Strips and V8 Supercar events to be held at a dedicated facility right here in central Queensland,” Senator Canavan said.
“This motorsports district will not only allow for another level of motorsports, but also the opportunity to take driving lessons in a controlled environment.
“It will be one more reason for people to come and visit our area and it will see enormous growth potential for CQ Motor Sporting Club.”
National Liberal Party candidate for Flynn, Colin Boyce, said the CQ Motor Sporting Complex will open up huge sports tourism opportunities for central Queensland.
“Tens of thousands of Australians take part in motorsport events every year – and we want a piece of that action here in central Queensland,” Mr Boyce said.
“This new complex will truly diversify the region’s sporting, tourism and entertainment offering, which is great news for the hotel and associated tourism businesses and the jobs they support and create.
“The LNP continues to deliver for Central Queensland ensuring we have the ability to host more and more large-scale events.”