Always back the horse named self-interest, son. It'll be the only one trying
Three months ago, in the wake of the collapsed $100m deal to sell the Franklin training centre at Pukekohe, Auckland Trotting Club (ATC) Chairman Jamie ‘Watches’ Mackinnon publicly announced that the club had the approval of its members to sell the track to another buyer. Sadly for Watches he lost track of time and forgot […]
Dear Members As I started drafting this letter on June 21, I was reminded that Saturday marked the winter solstice or as we more commonly know it, as the shortest day of daylight hours before the days start to get longer again. The Club is also at a turning point whereby plenty of hard work […]
Auckland Trotting Club Chairman ‘Watches’ Mackinnon was quoted on the HRNZ website yesterday as saying that he hoped the hopes the national body will be able to help at least partially fund a new training centre to replace the one he and his merry band of stooges at the ATC are selling before the banks […]
There are some major things about the advertisement calling for expressions of interest to buy the Auckland Trotting Club’s training centre and land at Pukekohe. 1) The call for expressions of interest was not put out until 7 April This makes no sense. The ATC members are paying interest of around 6% on the $80 […]
7 Apr 2025 A strategically located development site in the rapidly growing location of Pukekohe is available for purchase and offers developers the opportunity to acquire a major landholding that has scope for residential, commercial, and industrial projects. The 35.2ha freehold site is spread across multiple titles and is situated at 240-242 Station Road and 27 […]
By Garrick Knight, published in The Harness Xpress, 8 May 2025 It’s crunch time for the Auckland Trotting Club (ATC) as it looks to lock in a deal to sell the Franklin Park Training Centre in Pukekohe in an effort to reduce debt. Appointed sales agents, Colliers International, called for expressions of interest by April 17 […]
The offers are in for the Pukekohe training center that the Auckland Trotting Club needs to pay the banks the $80 million they owe for the failed Alexandra Park property development. $67 million is the highest offer, payable over two years. $80m – $67m = a shortfall of $13 million, and no training track or […]
The Auckland Trotting Club is more than $80 million in debt that it doesn’t have the money to pay. Its only way out is to sell the farm before the bank sells it for them. Club members were promised a holy grail, an unsolicited $100 million from a Chinese developer if the club sold the […]
The word is that there are four potential buyers in the running to purchase the Pukekohe training center at Franklin Park, after the original $100 million contract of sale by a mysterious Chinese developer predictably fell through. Two of the potential buyers are rumored to be Brendan Lindsay, the owner of the famous Cambridge Stud, […]
Five new buyers are already in the mix, led by an Iwi development company By Garrick Knight, Harness Express Auckland Trotting Club officials have pulled the pin on its $100 million sale deal for the Franklin Park Trotting Centre in Pukekohe. After the buyers, Mount Hope Limited, failed to settle the deal by the agreed […]
