RACE to decide on ARG purchase this month

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RACE, which owns Supercars, will decide if it wants to purchase Australian Racing Group this month. RepcoSC

RACE purchased Supercars in its entirety last year

ARG owns and runs a number of categories such as TCR Australia, S5000, Trans Am, GT World Challenge Australia and Touring Car Masters. That shareholding was often seen as an ARG property, however it has today been clarified that they were individually owned by the Rogers family and Boyd, and never by ARG itself., which are believed to be been taken over by an existing shareholder, likely investment firm Henslow.

 

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