The recent media release by MSNZ is, I fear, part PR hype, part re-packaging of the same old product and part an addition of some new components.
The directors (and presumably the bulk of the management) of TMC move across to the new entity and the concerns of principle have not changed one bit.
Among the issues is the question of whether the concept of MSNZ being commercially involved in promoting "Tier 1" is in the interests of member clubs (and by association, competitors) - is the financial and resource input by MSNZ really in the interest of historic and classic motor sport competitors who make up a significant proportion of the NZ motor sport fraternity?