Recently, Hickey Lawyers has had the exciting opportunity to facilitate significant changes with one of Australia's largest V8 Supercar Teams.

Strategic Relationships and Expertise puts Hickey Lawyers in the Driver's Seat

Monday, 13 May 2013

Recently,Hickey Lawyers has had the exciting opportunity to facilitate significant changes with one of Australia’s largest V8 Supercar Teams. Ross and Jimmy Stone who together
sit behind the wheel of Stone Brothers Racing, have been figureheads of the V8
Supercar race scene since 1998.  They have now decided to move in a new
direction and have formed an alliance with Erebus Motorsport.

Stone Brothers Racing enlisted the services of Hickey Lawyers to negotiate and oversee one of the most complex transactions in Australian motorsport. Through engaging
with all relevant stakeholders, Hickey Lawyers was instrumental in the sale of one of
the racing entitlement contracts and leasing of another with a delayed
settlement.

This transaction could not have been possible without the close relationships and
experience Hickey Lawyers has built with V8 Supercars teams, such as Paul Wheel
Racing, Stone Brothers Racing, Champ Car Team Australia, former F 1 World Champion Alan Jones and former Moto GP multiple World Champion Mick Doohan.  

This was certainly an exhilarating transaction to be involved in and in years to
come we will look back with pride in the knowledge that Hickey Lawyers was a key
player during a period of unprecedented change in V8 Supercars competition in
Australia. The sport is in an exciting growth phase with the introduction of
Mercedes Benz and Nissan cars, and puts Hickey Lawyers at the forefront of a truly
electrifying competition. Ross will continue to assist Erebus Motorsport with
the transition to the very competitive V8 Supercars category.

Ross and Jimmy are excited by the sale of  their race team and believe the time
is right. Erebus Motorsport has provided Ross and Jimmy with the opportunity to
continue racing for many more years and continue to grow and develop a highly
respected international sporting brand. This year sees Jimmy take a step back
and transition into retirement, however he will continue to work closely with
his son, Matt Stone in his development series team. We look forward to our
continued association with Stone Brothers Racing as we assist with this
transition from Stone Brothers Racing to Erebus Motorsport.

 

Tony Hickey

Our Managing Partner, Tony Hickey, is committed to Hickey Lawyers' constantly innovating, evolving and moving forward. Share our news articles about our latest developments.

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