Transport magnate Lindsay Fox has been linked to buying Holden’s test track at Lang Lang.
An automotive industry veteran has told CarAdvice Mr Fox has already begun making enquires and wants to add Lang Lang to his portfolio of race tracks and vehicle testing sites.
Mr Fox already owns the nearby Phillip Island Raceway, and the 1141-hectare Anglesea vehicle assessment facility 125km south-west of Melbourne used by multiple car brands and automotive engineering companies.
“He sees the potential in it as a vehicle testing site, but also for VIP drive days and as a stop-over on the way to the Phillip Island circuit, or as an option for corporate clients when Phillip Island is fully booked,” the confidential source told CarAdvice, who added that a price was yet to be discussed.
When contacted by CarAdvice a spokesperson for Mr Fox declined to comment on the speculation.
However, Mr Fox has previously linked to buying the property in 2013 – after Holden announced in December that year it would end Australian car manufacturing in 2017.
At the time, Holden’s Lang Lang site was valued at more than $20 million. It is unclear what the Gippsland property would be valued today.
Holden’s 877-hectare/2167-acre site near the town of Lang Lang – about 90km south-east of Melbourne – has a 44km network of roads, including a 4.7km four-lane high-speed oval, a 5.5km ride and handling course, a 1.8km noise testing stretch with “rumble strips” and tram lines, and a 100-metre diameter skid pan.
The test track also has “rattle and squeak” obstacles, an off-road test area, and deep water crossings.
Holden spent $15.9 million updating the facility – which also has an emissions lab – in 2018.
It was previously thought the Lang Lang test track could survive the shutdown of Holden as a brand because most of its contract work in recent years has been for General Motors in Detroit.
However, the Lang Lang facility will be sold with the exit of Holden from Australia and New Zealand by the end of this year.
Holden’s test track opened in 1957 and celebrated its 60th anniversary the same year the company ended local manufacturing, in 2017.
It has been the birthplace for generations of locally-made that were torture tested there before the new models went into production and made it to showrooms.
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