{"id":741616,"date":"2026-06-17T04:27:35","date_gmt":"2026-06-17T04:27:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/741616\/"},"modified":"2026-06-17T04:27:35","modified_gmt":"2026-06-17T04:27:35","slug":"ex-supercars-ceo-james-warburton-advising-on-pacific-equity-partners-mammoth-oohmedia-bid","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/741616\/","title":{"rendered":"Ex-Supercars CEO James Warburton advising on Pacific Equity Partners&#8217; mammoth oOh!media bid"},"content":{"rendered":"<p>JAMES Warburton has not taken long to land on his feet following the abrupt end to his second tenure as Supercars chief executive.<\/p>\n<p>Warburton was back in the Supercars hot seat little more than eight months before departing amid tensions with championship co-owner\/chairman Barclay Nettlefold, who has subsequently taken on the role of interim CEO.<\/p>\n<p>Besides being touted as a potential candidate for the vacated NRL CEO gig, Warburton\u2019s name keeps popping up in relation to advising on a mammoth bid to acquire oOh!media which is preparing to transition from the public sector to private.<\/p>\n<p>The latest mention came today in The Australian, reiterating Warburton\u2019s appointment by Pacific Equity Partners to drive its bid.<\/p>\n<p>Warburton has a deep media background, having run Network 10, Seven West Media and APN Outdoor at different times.<\/p>\n<p>PEP launched its bid in late April, with attached figures reported to be $1.40 a share and $747 million all up.<\/p>\n<p><a href=\"https:\/\/superstore.v8sleuth.com.au\/products\/v8-sleuth-magazine-issue-4?utm_source=website&amp;utm_medium=referral&amp;utm_campaign=buy-button&amp;utm_content=buy-button\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/sleuth-mag-04_9e8e35e7-2237-44e2-a0d0-d906a6f0e0b6_1024x1024.jpg\"\/><\/a><\/p>\n<p>The oOh!media board was not satisfied with the value of those figures nor similar rival offers, and yesterday provided communications that following a three-week period of limited due diligence it had received multiple revised bids, including from PEP, in the vicinity of $1.60 a share. \u00a0<\/p>\n<p>That tallies with The Australian\u2019s report today which outlined that PEP \u201cis understood to be prepared to move on price if required\u201d.<\/p>\n<p>Interestingly, oOh!media is a rival of former Nettlefold company QMS Media which in January was purchased by Nine Entertainment for $850 million.<\/p>\n<p>Supercars meanwhile remains without a permanent successor to Warburton, with Nettlefold continuing to act in an interim capacity.<\/p>\n<p>The Undercut \u2013 The Chevy Situation<\/p>\n<p>The Undercut is back, breaking down the latest happenings in the world of Supercars racing!<\/p>\n","protected":false},"excerpt":{"rendered":"JAMES Warburton has not taken long to land on his feet following the abrupt end to his second&hellip;\n","protected":false},"author":2,"featured_media":741617,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[572],"tags":[64,63,806,805,803,804,85],"class_list":["post-741616","post","type-post","status-publish","format-standard","has-post-thumbnail","category-motosport","tag-au","tag-australia","tag-motor","tag-motor-sports","tag-motosport","tag-motosports","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/741616","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=741616"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/741616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/741617"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=741616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=741616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=741616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}