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Racing Entitlements Contract - The Supercars Collective
https://www.thesupercarscollective.com/tag/racing-entitlements-contract/
Supercars launches tender for RECs from 2022 - Supercars
https://www.supercars.com/news/championship/supercars-launches-tender-for-recs-from-2022/
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 …
V8 Supercars Offers Racing Entitlement Contract
https://www.supercars.com/news/championship/v8-supercars-offers-racing-entitlement-contract/
Today, V8 Supercars is launching a market tender of a surrendered Racing Entitlement Contract (REC) ahead of the 2016 V8 Supercars Championship season. A REC entitles a party to race one car in each Championship event and one REC is currently being tendered for parties to compete in the 2016 Championship season and beyond.
Explained: Supercars’ new Teams Racing Charter system
https://www.speedcafe.com/2021/12/08/explained-supercars-new-teams-racing-charter-system/
All Racing Entitlements Contracts have been transferred to the Teams Racing Charter, meaning 25 are “on foot” going into 2022. One licence remains on the shelf and its release is at the discretion...
Supercars opens 2022 entry tender - Motorsport
https://www.motorsport.com/v8supercars/news/supercars-opens-2022-entry-tender/6151220/
Supercars has formally opened the tender process for two spare Racing Entitlements Contracts that could join the grid next season. By: Andrew van Leeuwen. Apr 8, 2021, 9:00 PM.
BACK-ENDED $25 MILLION PAYDAY FOR SUPERCAR …
https://autoaction.com.au/2021/10/23/back-ended-25-million-payday-for-supercar-recs
Date posted: October 23, 2021. A $1million bonus, spread over five years, is coming to each of the current 25 Racing Entitlements Contract holders in Supercars as a result of the pending sale of the series. In the Supercars equivalent of Afterpay, the $25m will be paid over five years, as a ‘time payment’ of the teams’ revenue for selling their 35% of the business.
V8 Supercars issues legal action against LDM - Speedcafe
https://www.speedcafe.com/2014/09/03/v8-supercars-issues-legal-action-ldm/
V8 Supercars has launched legal action against Lucas Dumbrell Motorsport as the fallout from the category’s Racing Entitlements Contract …
Supercars Championship - Wikipedia
https://en.wikipedia.org/wiki/Supercars_Championship
A TRC is a contract between Supercars and a team which outlines the team's entitlements and obligations. TRCs may be leased by their owners to another party for a maximum of two years, after which the owner must either use it themselves or sell it. A racing number is tied to each TRC, with teams able to apply for a TRC number to be changed.
THE OTHER OWNERS: TIM MILES - The Race Torque
http://www.theracetorque.com/2019/07/the-other-owners-tim-miles/
That second piece, profitability, is the hard piece and you have to make the hard decision to give the REC (Supercars’ Racing Entitlements Contract) back. Miles on making the tough decisions from a sporting and business perspective.
Horse racing contracts - Collyer Bristow
https://collyerbristow.com/business/commercial-lawyer/horse-racing-contracts/
Whether you are a horse breeder, owner, or a buyer looking to enter into a racehorse lease agreement, syndicate contract or horse partnership agreement, our team of expert equine solicitors will provide the legal advice necessary to complete your transaction smoothly. make an enquiry. Horse racing contracts. Read more Meet the team. Introduction.
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