Holden has confirmed it will withdraw from the Australian Supercars Championship at the conclusion of the 2020 season.
The General Motors brand’s departure is set to have a major impact on the series, with eight of the thirteen teams in the series fielding the VF Holden Commodore chassis.
Holden said previously that it would stay in the top-tier Australian series until the end of 2021, however it was able to terminate its contract with the factory-backed Red Bull team and supplier Triple Eight Race Engineering a year early, allowing it to leave at the end of this year.
“GM Holden and Triple Eight Race Engineering have reached an amicable agreement in the wake of Holden’s announcement that the manufacturer will be closing later this year,” the Red Bull Holden Racing Team said in a statement. “The settlement, the details of which are commercially confidential, will see the Red Bull Holden Racing Team remain on the grid in its present guise until the end of the current Virgin Australia Supercars Championship season. The existing contract had been due to expire at the end of 2021.”
The team also said that the “future branding of Triple Eight’s Supercars team is yet to be determined,” but Red Bull was signed on to appear on the Triple Eight cars until the end of the 2021 season.
With Holden’s departure, Ford is the only manufacturer left in the Supercars Championship. Ford dominated the 2019 Supercars Championship, with DJR Team Penske winning the team’s championship and Scott McLaughlin winning the driver’s championship. Nissan left the series at the conclusion of the 2018 season.
Holden will pull out of the Australian and New Zealand markets before the end of the year, though it will maintain a small presence in the country to service existing customers’ cars.
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Comments
Holden was the undisputed market leader and had a passionate following there in Australia from the 1950’s until the early 2000’s, another fine example of mad Mary’s disastrous leadership.
G. Richard Wagoner Jr.—June 1, 2000 – March 30, 2009
Frederick A. “Fritz” Henderson—March 30, 2009 – December 1, 2009
Edward (“Ed”) Whitacre Jr.—December 1, 2009 – September 1, 2010
Dan Akerson—September 1, 2010 – January 15, 2014
Mary Barra—January 15, 2014 – Present
Yeah we know, but there are a ton of guys on here that want to blame everything on Mary Barra. As if the company wasn’t already bankrupt a decade ago or anything.
You gai/nwo dumb or both? Since when did any overpaid nwo/feminst ever seen success,well?
Thought not,It’s the typical feminist shill,just like joe (wenker) hockey, a perfect match (period)
The writing was on the wall,soros/liberals back then did everything,including scam taxpayers!
Incase you ignorant nutcases assume lifes a joke,iy ain’t and i know more and worked + developed more holdens than ye packa corporate cowards combined!
No pun intended,no vision,no manhood,no future,too many corporate scammers,not enough taxpaying privateers,simple as that and no one in the right mind will vy for any overpriced camaro unless it earns far more than it’s true works,unlike real men!
Are you off your meds or something?