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SBD Global/June 25, 2014/Leagues and Governing Bodies

V8 Supercars Puts Three Licenses Up For Sale, Expects 28-Car Field Next Year

V8 Supercars "are confident of returning to a 28-car field" next year with three unused entries put up for sale, according to Rose Adaimy of the AAP. V8 Supercars CEO James Warburton on Tuesday announced "the start of a tender process for the dormant racing entitlement contracts (RECs), which were handed back by Tekno Autosports, Lucas Dumbrell Motorsport and Tony D'Alberto Racing before the 2014 season." Each REC "allows its owner to race one car, with holders also entitled to a share of V8s' end-of-year profits." The move "opens the door for new teams to enter the category, existing outfits to expand or previous entrants to return" (AAP, 6/24). FOX SPORTS reported the REC "only buys an entitlement to compete in the championship." It is "then up to the successful applicant to assemble their own team, either by starting from scratch or forming a technical alliance with an existing outfit." Warburton said, “This is a fantastic opportunity to compete in one of the most successful categories in world motorsport and we believe there will be significant interest” (FOX SPORTS, 6/24).
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