New chairman for Wigan sporting landmark

Nicola Foulston, who held the position of WDK Holdings Ltd, WDK Motorsport Ltd and Motorsport Circuit Management Ltd, has left her post at Three Sisters.

The boards of the motor sport industry companies, majority controlled by Velocity Venture Capital (VVC) have this week announced the appointment of Christopher Tate as the executive chairman for all three companies.

Mr Tate has a wealth of previous experience as former managing director of Donington Park, the Midlands GP race circuit sold to MSV Group in 2017.

He has 40 years’ experience in the UK motor sport industry and has also held positions as the co-founder of the Masters’ Historic Race series, chief executive Europe of Elan Motorsports Technology Inc. and co-founder of Rockingham Motor Speedway.

He replaces Ms Foulston who has chaired the boards since the original investments were made by VVC, which remains the majority shareholder. Ms Foulston leaves following the flotation of Rosenblatt Group plc, the law firm at which she is chief executive.

Christopher Tate said: “It is a privilege to be invited to take on these roles, and to take on the chair at these companies.

"We have exciting plans and a strong base on which we shall now build further.”

Motorsport Circuit Management Ltd has previously come under fire from campaigners who launched a petition to oust the leaseholders.

In 2017, campaign group “Save Three Sisters Race Circuit” collected more than 1,000 signatures in an attempt to have the company removed from the lease.

They did not believe that MCM, which is linked to The Racing School Ltd who went into liquidation forcing the track into closure, were financially “responsible” enough to care for the track.

Ms Foulston, was a listed director of The Racing School Ltd, before she resigned from this role in 2015.

She said: “While I am sad to be stepping down, I am glad that the businesses are in the capable hands of Christopher as they look to continue to grow.”