The latest chapter of the Bob Jane saga sees the former racing driver and founder of Australian tyre and fast fit chain Bob Jane T-Marts filing for bankruptcy. Queensland-based newspaper The Courier Mail writes that the former millionaire claims to have just AU$15 (less than £9) in cash to his name and a meagre collection of assets, including a Holden car. Jane’s creditors include the Australian Taxation Office, which seeks to recoup $105 million in capital gains tax still outstanding from the 2006 transfer of the Bob Jane T-Marts business to son Rodney Jane.
Jose Angeles, marketing manager for Nitto Tyres Australia, reports that the Nitto brand will now be sold exclusively in Australia through the 136-outlet Bob Jane T-Marts tyre retail chain. Announcing the new distribution deal, Angeles commented that “this national retail partnership, along with the new dedicated website, will dramatically expand Nitto’s presence in Australia and make our tyres much more accessible to an already extensive fan base.”
Australian tyre industry fixture Bob Jane has made headlines in his homeland again after violating a court order that forbad him from using his own name. On 19 June, the Federal Court of Australia found Jane in contempt of court for failing to comply with a November 2013 decision.