In 1998 MotorSport New Zealand Inc established a charitable trust called the Prodrive Trust and charged it with sourcing funds and managing the Prodrive Road Safety Initiative Programme, along with establishing scholarships for young and talented members of motorsport.
In October / November 2003 the Trust was split into two separate Trusts: The Prodrive Driver Education Trust and The MotorSport New Zealand Scholarship Trust.
On 17 December 2007, the Charities Commission formally registered The MotorSport New Zealand Scholarship Trust – also known by the name MotorSport NZ Scholarship Trust – as a charitable entity.
Governance of the Trust is provided by Wayne Christie – Chairman of trustees, Tony Herbert, David Turner, Lyall Williamson and Alistair Wootten as trustees.
Note: The Prodrive Driver Education Trust ceased to operate in December 2007 as it could no longer gather sufficient funds to continue its operation. Its programme of in-schools driver education has continued under the guidance of a new entity outside of MotorSport NZ called The Pro active Drive Youth Driver Education Trust.
Seeding capital was provided by MotorSport New Zealand. Since that initial capital influx the Trust has gained funds from MotorSport NZ and the following organisations:
The Trust continues to seek further funds so it can expand its services.
If you can assist with funds or would like more information on any matters regarding the Trust or potential funding, then please contact:
Brian Budd
Phone | 04 815 8087
brian@motorsport.org.nz
