Brisbane, Queensland - Lakeside Motor Racing Enthusiasts' sources confirm that at least three of the seven organisations invited by the Pine Rivers Shire Council to manage Lakeside International Raceway have declined to tender for the business. It is understood that those who decided not to submit business proposals were not strong supporters of amateur motorsport. 

"We know the organisations that have made submissions have taken it very seriously and conducted themselves in a professional manner. We can only hope the Council will see fit to reciprocate in kind and finally deliver a return for ratepayers", said LMRE president Ian Milton. 

 A 20 year lease has reportedly been offered by the Council in exchange for limited track days at the former Australian Grand Prix circuit. It is not yet known if other restrictions will be applied to motorsport operations.

The historic track has suffered vandalism and neglect since the Pine River Shire Council purchase in 2001. Applicants are anticipating a need to invest in the facility's infrastructure and are confident of cooperation from motorsport's governing bodies to re-license the track.

The deadline for submissions was Friday, 26 May and tenderers are expecting a decision as early as mid-July 2006.  

Ian Milton stated, "I'm pleased to see efforts heading in the right direction, but I still harbour concerns that the tender process is but a cynical ploy by Council to satisfy their obligations under the heritage deal!"

 Additionally, the PRSC has been busy over the past few weeks demolishing the old office and barn, along with old toilet blocks.

However, essential motorsport items such as the racing surface and guard rails are protected for another four years by the deal with the Queensland Heritage Council that resulted in the removal of the heritage listing.