Corrs Chambers Westgarth is advising leading private equity house Archer Capital on its acquisition of a controlling stake in V8 Supercars Holdings Pty Ltd (V8 Supercars), advised by Baker & McKenzie.
The transaction will ensure the continued development of V8 Supercar motorsport in Australia and was undertaken at an enterprise value of more than $300 million.
The Corrs team was led by partners James Rozsa and Shawn Wytenburg, and supported by senior lawyers Felicity Daley, James Delesclefs and Andre Helsloot.
The transaction is predicted to complete in June.
Brendan Wykes led the Baker & McKenzie team.