TMP for sale? | Page 3 | GTAMotorcycle.com

TMP for sale?


"This is not the first time that Bieri has had financial problems in the public eye. Back in the early 90's, Bieri's Scarborough based exotic car dealership's financial practices were investigated by the RCMP. That investigation led to Bieri's arrest and the loss of his OMVIC license which allowed him to sell automobiles in Ontario."


No surprise. He's also ripped off contractors who did work at the Cayuga facility.


So whats the asking price?


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I hope some one buys it and keeps it a track...would be sad to see the first track I went on gone:(
 
"One of the best racing facilities in North America."

"Course I love you."

Course I wont come in your mouth."
 
It's a closed bid process. Your welcome to contact Peter Schmidt at DTZ if you actually are interested...
 
So, anybody actually know the status of TMP today (please no interweb "I heard, form my brothers, sisters, friend....") are they still open for business or is there a lock on the gate (sad stuff here, neat place with a very interesting history, hope it survives.....). BG
 
So, anybody actually know the status of TMP today (please no interweb "I heard, form my brothers, sisters, friend....") are they still open for business or is there a lock on the gate (sad stuff here, neat place with a very interesting history, hope it survives.....). BG

Maybe SPEED will buy it, rip out the tree and turn it into Armdrop Motorsports Park.
 
Same here. Guess I can kiss that goodbye.

We can't recover anything legally until it's sold..... and at that point, the secured creditors have to be paid off first. If there's anything left, I guess we can try.

Anyone else in the same boat?
 
I sent an e-mail this morning asking about the status and ability to refund my owed trackday... here's the response I received:

Good Morning Azim

I am sure to inform you that the track is not up for sale.
Uli Bieri is the owner and will continue to be the owner of Toronto
Motorsports Park.
I can assure you that I have the credit on file and will continue to have
it on file into next year for your use.
If you still do not want to have the credit and funds refunded please do
not hesitate to email myself.


.....
 
I'd love to be a fly on the boardroom wall when DTZ Barnicke says the track is for sale and Uli says "No it isn't" LOL!
 
They emailed me to let me know I was given a full refund on my owed trackday...... (will have to wait for the statement to show before I can confirm).

I have no idea what's going on with the sale, but I won't be putting any money into TMP until this is sorted out/confirmed. Unfortunately, this could affect their pre-sale sales at the bike show/during the winter.
 

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