{"id":529451,"date":"2026-07-16T18:54:39","date_gmt":"2026-07-16T18:54:39","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/529451\/"},"modified":"2026-07-16T18:54:39","modified_gmt":"2026-07-16T18:54:39","slug":"crucial-supercars-teams-racing-charter-negotiation-heats-up","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/529451\/","title":{"rendered":"Crucial Supercars Teams Racing Charter negotiation heats up"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/07\/Supercars-field-Townsville.jpg\" alt=\"Crucial Supercars Teams Racing Charter negotiation heats up\"\/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSupercars at the Townsville 500. Image: InSyde Media <\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/t.cfjump.com\/92797\/b\/204801\" rel=\"nofollow sponsored noopener\" target=\"_blank\"><br \/><img decoding=\"async\" style=\"border: none; vertical-align: middle;\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/07\/204801.jpeg\" alt=\"\"\/><br \/><\/a><\/p>\n<p>Speedcafe can reveal Supercars boss Barclay Nettlefold made a long-awaited pitch to team representatives during the Townsville 500 weekend.<\/p>\n<p>Supercars owner RACE is in the uncomfortable position of needing to renegotiate or replace its Teams Racing Charter to avoid the calendar shrinking to 12 events.<\/p>\n<p>The teams are being represented in the critical talks by a four-man panel, which was first assembled last year specifically to handle TRC discussions.<\/p>\n<p>That panel consists of Brett Ralph (Dick Johnson Racing), Ryan Walkinshaw (Walkinshaw TWG) and eponymous team owners Matt Stone and Brad Jones.<\/p>\n<p>The pitch had been delayed by months in the wake of the sudden exit of former CEO James Warburton in April.<\/p>\n<p>Nettlefold finally presented his plan to the group last Thursday afternoon ahead of a meeting between all team owners the following evening.<\/p>\n<p>Complete our motor oil survey for your chance to win 1 of 5 Supercheap Auto $100 gift cards.<br \/>\n<a style=\"color: #de482e;\" href=\"https:\/\/speedcafe.com\/2026-oil-survey\/\" rel=\"nofollow noopener\" target=\"_blank\">Take the short survey.<\/a><\/p>\n<p>The group declined to share details with their fellow owners in that meeting while they undertake due diligence on the numbers.<\/p>\n<p>Speedcafe understands Nettlefold\u2019s plan involves creating a pathway to a 15-event championship, aiming for 14 in 2027 and 15 the following year.<\/p>\n<p>Phillip Island appears increasingly likely to join the 2027 calendar in a late-season slot, tipped to be at the expense of Queensland Raceway.<\/p>\n<p>RACE hopes to have its calendar out within the next month, but must first change the TRC to ensure it can afford to exceed 12 rounds.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-1037874\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/07\/Supercars-Taupo-2026-578.jpg\" alt=\"V8 Supercars boss Barclay Nettlefold \" width=\"1920\" height=\"1280\"  \/><\/p>\n<p>Supercars boss Barclay Nettlefold pictured with Tony Quinn. Image: InSyde Media<\/p>\n<p>The TRC was devised when RACE bought the business in 2021 and determines what it must pay the teams each season.<\/p>\n<p>That is stipulated as a base payment for 12 events and an additional fee per event beyond that, with the amounts owing resetting in five-year blocks.<\/p>\n<p>The base was set at $650,000 per TRC from 2022-2026, while additional event payments are the greater of a set figure ($63,000 per event in 2026) or a revenue growth share.<\/p>\n<p>That revenue growth share is calculated each year as 0.75 percent of the amount by which RACE\u2019s revenue exceeds its 2022 revenue.<\/p>\n<p>Teams are understood to have agreed a figure marginally below that owed to them for this year in order to ensure an expansion to 14 events.<\/p>\n<p>From 2027, the base payment resets via a calculation known as TSNER involving RACE\u2019s 2026 revenue from media rights, digital media and sponsorship.<\/p>\n<p>The new media rights deal is expected to result in a healthy increase to the base payment.<\/p>\n<p>More crucially, the payment for each event above 12 is required to be the greater of 9.2 percent of the 2027 base payment or the team\u2019s revenue growth share.<\/p>\n<p>The latest growth share number is said to skyrocket the amount owed for additional rounds, potentially to as much as $200,000 per extra event.<\/p>\n<p>That would make a calendar above 12 rounds unviable for RACE.<\/p>\n<p>Teams believe that leaves them with great leverage to negotiate a new deal that resets the base figure to cover a higher number of rounds, chasing up to $1 million per TRC.<\/p>\n<p>Locking in a greater fixed revenue from RACE will reduce the current pressure on teams to cover the vast majority of their costs with commercial sponsorship.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1037875\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/07\/JM1_1456.jpg\" alt=\"Grove Racing's Matt Payne wins at the Townsville 500 \" width=\"1920\" height=\"1280\"  \/><\/p>\n<p>Teams have a variety of business models. Image: Supplied<\/p>\n<p>RACE, though, wants teams to compromise so that it retains the capacity to invest in the growth of the business, which will drive up long-term TRC values.<\/p>\n<p>Both sides view a 12-round calendar as an undesirable outcome that will hurt the sport, leading to optimism that a compromise will be reached.<\/p>\n<p>Adding to the complexity is the fact teams have differing business models and financial structures, and varying views on what figure will be acceptable.<\/p>\n<p>A one-year amendment to the TRC would require a 75 percent special majority among owners, while a totally new TRC would need 100 percent agreement.<\/p>\n<p>The make-up of the panel representing teams is designed to give a cross-section of views and experience.<\/p>\n<p>Ralph and Walkinshaw operate their teams amid larger business empires, with the former involved in various other sports including rugby league and baseball.<\/p>\n<p>Achieving a deal for the teams that is commensurate with the percentage incomes delivered to competitors by other sports has been a mooted mission of the group.<\/p>\n<p>Stone and Jones meanwhile operate their teams as their primary businesses and have in-depth knowledge of the TRC and the history of Supercars.<\/p>\n<p>Only the latter pair was present in Townsville, with Ralph and Walkinshaw overseas and chiming into meetings via video link.<\/p>\n","protected":false},"excerpt":{"rendered":"Supercars at the Townsville 500. Image: InSyde Media Speedcafe can reveal Supercars boss Barclay Nettlefold made a long-awaited&hellip;\n","protected":false},"author":2,"featured_media":529452,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[228070,111,139,69,216,213],"class_list":["post-529451","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-barclay-nettlefold","tag-new-zealand","tag-newzealand","tag-nz","tag-slot3","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/529451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=529451"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/529451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/529452"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=529451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=529451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=529451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}