{"id":472448,"date":"2026-06-11T18:40:28","date_gmt":"2026-06-11T18:40:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/472448\/"},"modified":"2026-06-11T18:40:28","modified_gmt":"2026-06-11T18:40:28","slug":"motorsport-news-australian-race-track-sold-for-11-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/472448\/","title":{"rendered":"Motorsport news: Australian race track sold for $11 million"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/39947362e2586ffddd297ac279d885c85a1f39a8.jpg\" alt=\"Australian race track sold for $11 million\"\/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tThe Pheasant Wood Circuit. Image: Supplied <\/p>\n<p>Located at 8 Prairie Oak Road, Marulan, the venue features a 1.6km, nine-turn circuit licensed by Motorsport Australia.<\/p>\n<p>It\u2019s largely a track day and training facility but holds occasional club-level races.<\/p>\n<p>Designed, built and initially run by former touring car racer Garry Willmington, it was launched as the Marulan Driver Training Centre in 2009.<\/p>\n<p>The 150 acre facility was purchased for $1.5 million in 2016 by Steve Shelley, who invested $7 million into transforming it.<\/p>\n<p>That included an extension of the original 1.2km track layout and upgrades to the various facilities.<\/p>\n<p>The Shelley\u2019s soft drinks heir and software entrepreneur has elected to focus efforts on the nearby One Raceway, which he purchased in 2023.<\/p>\n<p>Pheasant Wood was listed for sale late last year and News Corp reports a deal with an undisclosed buyer was recently concluded for \u201caround $11 million\u201d.<\/p>\n<p>The property includes a four-bedroom home and private guest cabin, billed by the agent as \u201cperfect for the active family or group of friends\u201d.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/t.cfjump.com\/92797\/b\/287093\" rel=\"nofollow sponsored noopener\" target=\"_blank\"><br \/><img decoding=\"async\" style=\"border: none; vertical-align: middle;\" src=\"https:\/\/t.cfjump.com\/92797\/a\/287093\" alt=\"\"\/><br \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Pheasant Wood Circuit. Image: Supplied Located at 8 Prairie Oak Road, Marulan, the venue features a 1.6km,&hellip;\n","protected":false},"author":2,"featured_media":472449,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[111,139,69,238572,216,213],"class_list":["post-472448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-new-zealand","tag-newzealand","tag-nz","tag-pheasant-wood-circuit","tag-slot3","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/472448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=472448"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/472448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/472449"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=472448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=472448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=472448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}