AASA Executive Director Les Smith Breaks Silence on Ownership Saga | Full Statement Analysis (2026)

The Australian Auto-Sport Alliance (AASA) saga continues to captivate the motorsport community, and now, a key figure at the center of the controversy has broken his silence. Les Smith, one of the quartet that initially claimed ownership of the AASA, has stepped forward to address the recent developments and clarify his role in the organization.

In a statement, Smith emphasizes his commitment to the AASA and refutes any suggestions of a recent discovery by the Benalla Auto Club (BAC) regarding the share sale transaction. He highlights his involvement in discussions and document exchanges with BAC committee members as early as mid-2025, indicating a longer-standing relationship than what some reports suggest.

The executive director also brings attention to the publicly available Change to Company Details Form, lodged with the ASIC in April 2026, which confirms the share transfer in March 2026 and includes the signature of the BAC's vice-president. This form serves as a testament to the transparency and legal formalities surrounding the transaction.

Smith's statement showcases his dedication to the AASA's mission, emphasizing its role as a sanctioning body focused on providing public liability and personal accident insurance coverage for the motorsport community. He also mentions the continued success of the Hi-Tec Oils Super Series, the AASA's flagship offering, which is set to continue with its third round at Sydney Motorsport Park this weekend.

However, the AASA executive director's comments also raise questions about the ongoing legal proceedings and the BAC's stance. Smith expresses his willingness to bring closure to the matter through an open and public forum, suggesting a potential resolution to the dispute. This development adds another layer of intrigue to the AASA saga, leaving the motorsport community eagerly awaiting further updates and the ultimate outcome of this complex situation.

AASA Executive Director Les Smith Breaks Silence on Ownership Saga | Full Statement Analysis (2026)
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