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Friday, April 4, 2014 10:40 AM
Shane Vella Racing – News Release
It is with deep sadness that I announce the sale of and retirement of Shane Vella Racing Team. Over the past couple of years the team has faced its greatest challenge, celebrating consecutive Formula One championship honours, we have had to look realistically at the decision to continue in the Formula One circuit. It is with regret that budget constraints have pushed the team to the difficult and disappointing decision to retire from the Australian national formula one circuit.
It has been a story of glory, grief, heartbreak, honour, learning, luck, determination and dedication that has brought the SVR team from its roots as Panarroti’s Pizza and Pasta, Spurs Steak house to its continued success as The Lindenvel Group #61.
In an environment where sponsorship value is paramount, both of our sponsors Panarottis Pizza and Pasta, Spurs Steak house and The Lindenvel Group proudly went above and beyond to ensure SVR’s longevity in the Formula One water sports arena for over a decade.
There are many people I would like to thank, however, at the risk of forgetting someone, there are just too many to list. I would like to say a huge thank you to everyone that has been involved with Shane Vella Racing and the fondly named “Yella Fella” since its inception in 2002. Thank you to my sponsors, suppliers, supporters, fans, friends, my family, in particular my two amazing children Cameron & Stephanie who have ridden this roller coaster ride with me. Tim Seebold for producing 4 amazing Championship winning boats, and my loyal crew for being a part of a truly amazing period.
Racing has been a huge part of my life since I started ski racing some 26 years ago. I still can’t quite believe that the day has come where the team has now been sold to an overseas consortium. The “Yella Fella” or F1 #61 has brought so much joy into my life as well as many others. The memories and great times we have had will never be forgotten.
There have been significant hurdles to get over in order to keep #61 in the family. I have the utmost respect for #61 and I can only hope that the new owners are endeared to her as much as my fans, my crew and I have been. |
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