DIED

WELL ANOTHER GREAT VENUE HAS BITTEN THE DUST

Winding Up Petitions (Companies) Notices:
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Date:8 August 2011 Issue Number:59871 Page number:15141
Publication Date: Monday, 8 August 2011

Notice Code: 2450

Petitions to Wind Up (Companies)

In the High Court of Justice (Chancery Division)

Companies Court No 6428 of 2011

In the Matter of MOTO ARENA LTD
(Company Number 06648296)

and in the Matter of the Insolvency Act 1986

A Petition to wind up the above-named company Moto Arena Ltd presented on 21 July 2011 by City Renovations Ltd, 10 Bond Avenue, Bletchley, Milton Keynes, Buckinghamshire MK1 1SW will be heard at The Royal Courts of Justice, Strand, London WC2A 2LL on 26 September 2011 at 10.30 am (or as soon thereafter as the Petition can be heard).

Any person intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioner or its Solicitor in accordance with Rule 4.16 by 1600 hours on 25 September 2011.


The Petitioner’s Solicitor is Geoffrey Leaver Solicitors LLP, 251 Upper Third Street, Milton Keynes MK9 1DR. DX 54460 Milton Keynes 1.



2 August 2011.

Blimey we all said it was to much moneyto join . . .

just goes to prove you up the prices and no one turns up

the moto arena was a fantastic venue but like silverstone ITS IN THE MIDDLE OF NOWHERE plus price of corse

the track was beautiful, the gear they had was fantastic and the last time i went down it was looking very very good but there were alot of problems like the pit space, there was masses of room but they squeezed it all into a small space under the HUGE rosterum.

the price was a problem which is why not alot of people turned up to the events and i never seen anyone else in there apart from some suits every now and then.
the shop was friendly and the stock and layout was actually pretty good but not what i would say was fantastic.

in short this was coming but it could of been utilised so much better and advertised alot more. if they advertised more and cut some slack to real racers then they may of been ok

Looks like they didnt pay the people who built the place!

Thats not been closed by the tax man, thats a forced closed from an outstanding debt!

All it would have taken would have been an agreement of payment IE XX each month and it would have stopped it

yea I think they know that daz but what is XX amount as no one seems capable of paying it so therefore XX must have been quite alot

Gazza wrote:yea I think they know that daz but what is XX amount as no one seems capable of paying it so therefore XX must have been quite alot

£150K- £200K apparently. Some of that sucked from the RC industry. Makes the rest of us getting sponsorships and memberships even harder!

150-200k??? fooking ellll! thats some proper big bucks, like ya say tho John, it kind of makes other sponsor deals proper difficult!! which does make ripples further afield, annoying to a degree but its still horrid to see another track close, been so many, guess its the one thing we'll never be able to change, yet again the banks screw the consumer with a cost. being racing
i do think these days its probably better to run an RC facility as a business, some thing that brings pleasure to many deserves reward!!

But to be honest tho the membership etc was way over the top and even the milton club pulled out and went back to there old venue I was told. . .

So over price the model market and ya doomed lesson to be learned by all I guess