Penrite Racing returns to the Supercars grid in 2023 as the Gen3 era begins.

The team will once again compete under the Penrite Racing banner as Penrite Oil join them as naming rights partner for a third year.

The team’s Gen3 Ford Mustang challengers hold special significance to the Braeside squad given they are the first cars built completely by Grove Racing after the Grove Group took full ownership in 2022.

Their driver line-up is a mix of experience and youth which includes New Zealand rookie Matthew Payne and veteran David Reynolds.

Joining their stable of drivers this year as co-driver is five-time Bathurst winner Garth Tander who will also provide mentoring support to Payne and Grove Racing’s Junior Team.

The team climbed from eighth to fifth in the teams' championship in 2022, taking to the podium eight times.

Reynolds came home eighth in the drivers' championship, achieving a total of seven podiums in the year and two pole positions.

Under the leadership of Team Principal David Cauchi and Technical Director Grant McPherson, the team have established a crew that brings a wealth of knowledge and skill to the track as they pursue further advancement in 2023.

The team has also confirmed the appointment of Jack Bell as Race Engineer to Payne, with Alistair McVean to continue engineering Reynolds for the 2023 season.