Brisbane, Queensland – Geoff Sakzewski, managing director of the company that formerly operated the entire Lakeside Motorsport Complex, has added his own padlocks to the gates of the heritage listed circuit, two years after its purchase by the Pine Rivers Shire Council.

The unexpected action raises more questions about the sale that allowed the PRSC to purchase the facility for the price of an average suburban property.

PRSC is disputing a contract with Helicopter Services Pty Ltd and other parties regarding portions of land that make up the Lakeside property including critical parts of the circuit.

At last night's Lakeside Motor Racing Enthusiasts' meeting Sakzewski explained that regaining ownership of Lakeside was not his motivation. 

"We have recently been made aware that, due to the status of the indentured land, the shareholders and individuals of Helicopter Services and other parties may still be exposed to public liability law suits should any be made against the facility. I apologize to all of the parties involved for any inconvenience."

The padlocks and chains were first discovered by Council workers on Thursday morning and have been cut twice since. The new security was accompanied by identifying signage with contact details.

Helicopter Services has already been able to contact some of the current users of the facility and does not see any problem with their continued use provided appropriate insurance coverage is in place.

LMRE president Ian Milton was surprised by the turn of events,

"While this issue is not LMRE's problem directly, it does impact on the return of club-level motor racing to Lakeside, so we'll be watching how this unfolds. Now, whether its going to speed things up or slow things down, it's just too early to tell."