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Supercars launches tender for RECs from 2022

08 Apr 2021
Supercars launches market tender for two RECs ahead of 2022
2 mins by James Pavey
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Supercars has launched a market tender for two Racing Entitlement Contracts (RECs) ahead of the 2022 Repco Supercars Championship.

The announcement has opened the door to the 2022 grid featuring 26 full-time entries, which would mark the largest full-time grid since 2018.

The two RECs are currently surrendered and are now being tendered for parties wishing to compete in 2022 and beyond.

The 2021 grid comprises of 24 cars across 11 teams.

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Supercars CEO Sean Seamer said several parties have already enquired about the two surrendered RECs.

"We’ve recently had new team owners join the Repco Supercars Championship, with the likes of Tony Quinn and Stephen Grove coming on board in 2021,” Seamer said.

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"This is an opportunity for a new team owner to join the fold or offer an existing team owner the opportunity to expand their program.

"Supercars has already received interest from several parties to purchase these RECs.

"The championship’s competitive racing is the envy of the motorsport world and the interest we have received points to a bold, confident and exhilarating future for the championship.”

Back in February, Supercars confirmed the two RECs will be tendered for possible 2022 entry, which will coincide with the introduction of the Gen3 regulations.

Parties wishing to participate in the tender must express their interest by Friday, 23 April 2021.

The current deadline to complete any such sale is 30 June 2021.

The 2021 season will continue at the Beaurepaires Tasmania SuperSprint across April 17-18. Tickets are on sale now.

The event will be broadcast live on Foxtel and will be streamed on Kayo.

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