I did a search and came across this dated late August 2010
ADELAIDE'S annual internationally-acclaimed rally for classic cars will not run this year - but strong support exists for it to be resurrected under a new name from next year.
Classic Adelaide Rally was to have run in late November but its promoter, Silverstone Events, ran into financial difficulties. Liquidators were called in to find seven-figure sums so far unaccounted for, including $150,000 in advance entry fees.
Octagon Australia, which runs the Targa Tasmania rally, says it is keen to restart the Adelaide event under the name Targa Adelaide.
Octagon is based in Hobart and runs tarmac car rallies, already having a portfolio of four Targas in Tasmania and Victoria.
"We would bring the Adelaide event back to a prologue plus three days, instead of four days, and have it for only classic cars," Octagon's Targa events director Mark Perry told The Advertiser yesterday. "Allowing modern cars in destroyed the spirit of the event.
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"We would prefer August, because November is too hot to be in a car all day."
Mr Perry said it was too late for an event to be run properly in 2010, with the dates now less than three months away.
But he had had "very positive discussions" about next year.
Events SA manager Hitaf Rasheed said the SA Tourism Commission remained committed to motorsport as a tourism drawcard.
"We are keen to see the event delivered. It's great for the state," she said, noting the spending by interstate and international visitors and media exposure of SA regions.
She said Events SA was examining "different options and opportunities" to work with a new promoter.
Alan Scott of liquidators BRI Ferrier said he had sold what assets there were of Silverstone Events but the name Classic Adelaide Rally was separately owned.
He confirmed about $1.5 million was owed to creditors. He had yet to discover what happened to about $150,000 paid in entry fees for this year's event.
The event's clerk of course, Ivar Stanelis, said he had bought the equipment, including timing gear, so it was ready for a new event to proceed.
Mr Stanelis said he, too, was owed money for his work and his contract but there was a "good feeling" among senior officials and the 800 volunteers for the event to continue under a financially-sound new promoter.
SA Motor Sport Board chairman Roger Cook said his organisation stood ready to help. "It's a marvellous event for SA," he said.
"Every effort should be made to keep it."
fingers and eyes crossed this goes ahead!
cheers
Steve