Motorsport: Irate V8 Supercars dump Queensland Raceway

V8 Supercars Australia will not race at the Queensland Raceway this year after negotiations with the track's management broke down.

V8 Supercars say the administrators of the Ipswich facility near Brisbane had made "unfeasible" demands for the hire of the track.

Among the issues relating to the breakdown in talks was an apparent near-record hire fee for the venue and the track management wanting V8 Supercars to obtain the costly Confederation of Australian Motorsport (CAMS) licence to host an event.

"This is extremely disappointing for all our fans but we had given QR a very reasonable offer and we have to be responsible to our teams when we hire venues and conduct events," said V8 Supercars' acting chief executive Shane Howard.

"The unrealistic hire fees and un-commercial terms demanded by QR ... are absurd given the standard of the QR infrastructure for fans and teams alike. QR's reluctance to be a CAMS-sanctioned venue further compounds a very difficult position for us as we are a fully fledged FIA championship.

"Almost no money has been spent on fan facilities at QR in the last eight years despite our ongoing requests and it is now looking very tired from a fan and corporate point of view."

A statement on the Queensland Raceway website from chief executive John Tetley said the deal broke down despite his association agreeing to accept V8 Supercars' price.

"We had agreed to accept their price but it was their inability to accept the rights of the Queensland Raceways' passholders and to accept responsibility for damage to our track while they are running the event, which became the deal-breakers."

- AAP