 However, on 8 May 2008 Newstalk ZB reported that the motorsport park was NZ$3 million in debt and the owners were seeking equity to help keep their business afloat.The circuit was renamed Bruce McLaren Motorsport Park on 26 November 2015, as a tribute to former Formula One driver and team owner Bruce McLaren.The renaming occurred as Taupo directors announced they would be rebuilding the circuit to maintain its FIA Grade 2 status.