The WA State Government will continue to run Perth Motorplex for the next 12 months as it seeks a permanent operator to take on the facility.
The State Government's venues arm, VenuesWest, will continue to manage the facility and the process towards securing a suitable long-term buyer or operator for the venue.
The State Government believes engaging an operator from the private sector is the best option for Perth Motorplex's long-term sustainability.
VenuesWest has managed Perth Motorplex on behalf of the State Government since July 2016.
--- CONTINUES AFTER ADVERTISEMENT ---
Sport and Recreation Minister Mick Murray said the Government understood how important Perth Motorplex was to Western Australia's motor racing fans, participants and those whose livelihoods depended on the industry.
"Ultimately the State Government believes the venue will be best operated by the private sector in the long term," he said.
"For the coming season while we seek out an appropriate private sector buyer or operator, the State Government is committed to ensuring quality motor racing can continue for the benefit of local fans and the industry."
Kwinana MLA Roger Cook noted the importance of Perth Motorplex to the Kwinana area.
"The Perth Motorplex is an iconic part of the Kwinana community. I commend the McGowan Government for stepping up to ensure this important and popular local facility remains open, so it can continue to provide entertainment to the many Kwinana families who enjoy spending time there," he said.
- WA Government Media Release