THE last Kelly Racing-built Supercar chassis has been placed on the market and is set to put the full stop on a long history of direct involvement in the category from the Kelly family.
Listed here on My105.com, the Gen2 Mustang has enjoyed a life of racing across the Supercars Championship and Dunlop Super2 Series.
Most recently raced in Super2 by Todd Kelly’s son Mason in 2024 and 2025, the KR011 chassis last raced in the 2025 Adelaide Super2 season final in the hands of Max Geoghegan.
The car started its life as Rick Kelly’s last Supercar; he drove it as the #15 Castrol Mustang in the COVID-affected 2020 season for Kelly Racing after the team moved from racing Nissan Altimas.
The 2006 V8 Supercar Champion made the decision to retire from racing with minimal fanfare after that year’s Bathurst 1000 season final.
This chassis was raced by David Reynolds under the Penrite Racing banner across 2021 and 2022; the first year was as Kelly Grove Racing and the second as Grove Racing after Stephen Grove completed his buyout of the Kelly’s share of the Braeside-based team.
Ownership of the Gen2 Mustangs was retained by the Kellys, and this chassis was returned to Kelly Racing after the Supercars Championship moved to Gen3 regulations.
Kelly Jnr made his Super2 debut in the car in 2024 and made his last appearance in the car at Queensland Raceway last year.
The KR011 Mustang has undergone a full rebuild since the end of last season and is presented in ready-to-race condition.
The Dunlop Super2 Series will feature Gen2 Mustangs and ZB Commodores for the remainder of this year and 2027 before moving to Gen3 machinery in 2028.
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