Rockingham Motor Speedway plans to become an automotive logistics hub, providing de-fleet, remarketing, refurbishment and storage services.
The new owners, Rockingham Automotive LLP (RAL), have outlined plans to transform its 250 acre site and 100,000 sq ft of vehicle processing facilities.
Significant investment over the next three years will redevelop and extend the facilities to store, prepare, de-fleet and remarket a greater volume of vehicles.
Currently Rockingham is home to a number of leading automotive logistics companies including Groupe CAT, GEFCO and City Auction Group. These companies provide a range of used vehicle support services to car manufacturers, dealer groups, rental, fleet operators and leasing and finance companies. Closure of the circuit will free up much needed land to further develop Rockingham as a world-class automotive facility, with the capacity to process more than 20,000 vehicles on site at any one time.
All motorsport events to the end of 2018 will be run as planned, but circuit activities will cease from the beginning of 2019.