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    Stoner announces retirement at end of 2012

    Reigning MotoGP World Champion Casey Stoner confirmed on Thursday that he would retire from the sport at the end of the 2012 season.

    The Repsol Honda rider addressed the media at the start of the official pre-event press conference for the Monster Energy Grand Prix de France, making a short statement in which he outlined the reasons behind his decision.

    “After a long time thinking, a lot of time talking with my family and my wife, this has been coming for a couple of years now but at the end of this 2012 season I will be not racing in the 2013 Championship. I will be finishing my career at the end of this season in MotoGP, and go forward in different things in my life,” Stoner told the assembled press.

    “After so many years of doing this sport which I love, and which myself and my family made so many sacrifices for, after so many years of trying to get to where we have gotten to at this point, this sport has changed a lot and it has changed to the point where I am not enjoying it. I don't have the passion for it and so at this time it's better if I retire now.

    “There are a lot of things that have disappointed me, and also a lot of things I have loved about this sport, but unfortunately the balance has gone in the wrong direction. And so, basically, we won't be continuing any more. It would be nice if I could say I would stay one more year, but then where does it stop? So we decided to finish everything as we are now.”

    Stoner, who won the 2007 MotoGP with Ducati and the 2011 crown with Honda, currently leads the 2012 standings by a single point ahead of Jorge Lorenzo heading into this weekend's fourth round.

     

    Phil Ward sells Aussie Racing Cars rights to Quinn family

    Phil Ward has announced that he has sold his Aussie Racing Cars Category Management and Manufacturing businesses (ARC) to Tony Quinn.

    The sale draws to a close Ward’s reign of the Aussie Racing Cars Category which spanned over 15 years during which time, Ward has built from scratch one of most successful national race categories in Australian history.

    Phil Ward said, “The sale of what has been a labour of love since I built and developed the first car that became an entire category meets me with mixed emotions.  On one hand I am excited that it is in good hands and that the well respected motorsport oriented family headed by Tony Quinn who has the passion and resources to take my product to a different level, while on the other hand I will miss the day to day pleasure, and pride of my involvement which the cars bring from not only an engineering perspective but from a drivers perspective as well.  This year is my 43rd since my first competition drive in the sport and although I intend to relax a little my work in the sport will still be at the forefront of mind as I continue to operate my race car preparation facility catering for both historic and modern race car engineering.  I wish the Quinn’s the very best with my product and I trust the category success within the industry will achieve new heights under their leadership.”

    Under its new owners, the Aussie Racing Cars category will form an alliance with the Australian GT Championship (AGT) management team, also owned by Quinn.  The ARC headquarters will be re-located to be with AGT at The Driving Centre at Norwell, just north of the Gold Coast.

    James and Brad Ward will be retained in their current roles with the addition of former V8 Supercar driver, Jason Bargwanna in a sponsorship and media management capacity.

    “We expect to maintain the existing business model put in place by Phil Ward based around low cost, extremely close and exciting racing which has proven to be hugely successful since the categories inception over 15 years ago” said Tony Quinn.

     

     
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