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ABC News Online are confirming that the new owners of Summernats have signed a three year lease with Exhibition Park and are hoping to extend the event beyond 2012. The sale and continuation of Summernats is also further confirmed with a news entry on the Summernats website.

The new promoters have previously produced several large events such as the Pope’s Mass for 400,000 people at Randwick Racecourse for World Youth Day and other large events and festivals around Australia.

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