The V8 Supercars Championship could return to a full 28-car grid next season after series officials confirmed that the three dormant Racing Entitlements Contracts will be put to tender.
This year’s field shrank to 25 cars after Triple F Racing, Tony D’Alberto Racing and Lucas Dumbrell Motorsport (which has continued as a one-car team) failed to submit entries before last year’s December cut-off. The move defaulted their respective RECs back to the commercial rights holder, who could then elect to sell then on to any interested buyers.
The tender process is expected to take roughly four weeks. Under the category rules, the V8 Supercars can reabsorb a REC and either permanently reduce the grid size (as was done this year) while attempting to put them out for sale.
Having been unable to sell the RECs themselves before last year’s deadline, their previous owners will receive the proceeds of the respective sales, less a transaction fee taken by V8 Supercars.
The news effectively allows external parties interested in the series – such as the US-based Team Penske and Richard Childress Racing empires – to set up entries from scratch, although both have previously indicated their preference to invest in existing operations.
Image via Motorsport.com
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