{"id":293510,"date":"2025-11-18T22:19:11","date_gmt":"2025-11-18T22:19:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/293510\/"},"modified":"2025-11-18T22:19:11","modified_gmt":"2025-11-18T22:19:11","slug":"tickford-racing-sells-majority-stake-to-altor-capital-sven-burchartz-exits","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/293510\/","title":{"rendered":"Tickford Racing sells majority stake to Altor Capital, Sven Burchartz exits"},"content":{"rendered":"

TICKFORD Racing has announced the completion of a transaction which sees Altor Capital become its new majority owner.<\/p>\n

Altor is the alternative asset management arm of Prime Financial Group, which Tickford engaged last year to attract investment.<\/p>\n

Altor last year became a stakeholder in Supercars ownership consortium RACE.<\/p>\n

Its exact share in Tickford is not specified beyond being of a \u201ccontrolling\u201d extent, which indicates at least 50.01 percent. The buy-in is worth approximately $16 million per the Australian Financial Review.<\/p>\n

Rod Nash remains a co-owner, while Sven Burchartz has departed the fold.<\/p>\n

NEWS: The secret deals which preceded Tickford majority sale<\/a><\/p>\n

MORE: Who are Tickford\u2019s new owners?<\/a><\/p>\n

Tickford will continue to be led on the ground by Nash as director of motorsport and Simon Brookhouse as CEO.<\/p>\n

\"\"Simon Brookhouse. Pic: Mark Walker<\/p>\n

\u201cWe are thrilled with the decision by Altor Capital to make this investment in Tickford Racing, which continues a proud tradition in the Supercars Championship,\u201d said Brookhouse, who\u2019d in recent months flagged private equity ownership as a growth space for the category<\/a>.<\/p>\n

\u201cThe investment is a great validation of what Rod and the entire Tickford team have built over the decades and provides us with the right partner to unlock the exciting future of the Tickford Racing team.<\/p>\n

\u201cThe world of sports is increasingly headed towards private investment with backing of sophisticated capital and we welcome the level of professionalism that comes with this investment.\u201d<\/p>\n

HISTORY: How Tickford\u2019s ownership structure has evolved over the years<\/a><\/p>\n

Nash added: \u201cThis outcome is the result of many years of the business and its staff building a team profile, not only in the motor racing sector, but also through the engineering and specialist manufacturing it currently supplies to its network of customers in the racing industry.\u201d<\/p>\n

<\/a><\/p>\n

Altor already owns a controlling stake in National Basketball League team Tasmania JackJumpers, where Brookhouse was previously CEO.<\/p>\n

\u201cThis acquisition represents a rare chance to own an investment in a premier professional motorsport platform with an established track record, best-in-class engineering, a passionate and engaged fan base, and strong commercial momentum,\u201d said Altor chief investment officer Ben Harrison.<\/p>\n

\u201cWe are excited to be partnering with Rod, Simon and the Tickford Racing team as it embarks on its next leg of growth.\u201d<\/p>\n

Tickford was advised through the process by Prime partner and head of sports and entertainment Rhys Lenarduzzi, who spoke of rising investor interest in motorsport.<\/p>\n

\"\"Thomas Randle<\/a> sported a Larry Perkins<\/a> throwback look at Sandown. Pic: Ross Gibb<\/p>\n

\u201cThe Supercars is one of the sports and entertainment products for which we\u2019ve received a huge amount of investor interest,\u201d he said.<\/p>\n

\u201cThe Supercars is widely recognised as a championship poised to extend beyond Australian and NZ borders and make a meaningful mark in Asia.<\/p>\n

\u201cSophisticated ownership across the grid, translates into high calibre commercial deals, and attracts elite talent \u2013 from drivers and engineers to executives.\u201d<\/p>\n

Tickford Racing runs two full-time entries in the Repco Supercars Championship and four in the Dunlop Super2 Series, while its Dilan Talabani-led Tickford Engineering offshoot has been quietly building a formidable clientele.<\/p>\n","protected":false},"excerpt":{"rendered":"TICKFORD Racing has announced the completion of a transaction which sees Altor Capital become its new majority owner.…\n","protected":false},"author":2,"featured_media":293511,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[572],"tags":[64,63,806,805,803,804,85],"class_list":{"0":"post-293510","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-motosport","8":"tag-au","9":"tag-australia","10":"tag-motor","11":"tag-motor-sports","12":"tag-motosport","13":"tag-motosports","14":"tag-sports"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/293510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=293510"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/293510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/293511"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=293510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=293510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=293510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}