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Supercars Charter Drama Erupts as Two Teams Refuse to Sign New Deal

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Supercars Charter Drama Erupts as Two Teams Refuse to Sign New Deal
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Erebus and PremiAir follow the field out of pit lane at Sandown. Image: InSyde Media

Intense negotiations between Supercars owner RACE and competing teams regarding event payments significantly delayed the official release of the upcoming racing calendar. Management was forced to revise the Team Racing Charter (TRC) because the preexisting financial terms would have inevitably resulted in a reduction down to just 12 rounds.

After extensive back-and-forth discussions, the championship finally unveiled its 14-round calendar last week after securing the required 75 percent supermajority support for a revised operational plan. However, the political landscape within the paddock remains deeply fractured as certain team principals continue to voice strong objections.

Previously, five outfits—namely Grove Racing, Triple Eight, PremiAir, Erebus, and SCT—rejected an initial compromise proposed by RACE which had been accepted by the remaining seven squads. This stalemate led to an amended TRC applicable to all teams, supplemented by two separate side agreements between the governing body and individual squads.

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One arrangement involves an increase in annual base payments designed to appease the dissenting five-team faction, while the other seven squads receive an equity bonus unlocked upon any future sale of the business. Despite these concessions, PremiAir owner Peter Xiberras and Erebus owner Betty Klimenko made it crystal clear that they remain deeply unhappy with both offers and ultimately withheld their votes.

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While the dissent does not legally block the implementation of the TRC since the mandatory 75 percent supermajority was successfully attained, Peter Xiberras stated that his organization will keep talking with RACE to find common ground.

"We have to negotiate and work out what is fair and what is right. I am sure we will come to an amicable agreement," Peter Xiberras told Speedcafe regarding the controversial TRC framework.

Both proposed offers require teams to relinquish certain entitlements embedded within the TRC in order to financially assist RACE, a condition that Betty Klimenko firmly disagreed with on principle.

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"I am not going to commit myself to something I do not believe in. I will not sign something unless I think it is the correct path," Betty Klimenko explained. "It does not matter if I have to follow the path, it does not need my signature there backing it. This has been going on ever since I arrived in Supercars. It is always the teams that need to give something up."

RACE chief Barclay Nettlefold confirmed that ongoing dialogues remain active with both dissenting organizations as they weigh their long-term options.

"It is their choice, not mine," Barclay Nettlefold remarked regarding whether they will eventually sign the official document. "Ideally we would love them to sign. I think one of them still might."

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Historical records indicate that Erebus similarly abstained from signing the previous single-year TRC amendment that allowed the 14-round schedule to proceed this season, highlighting persistent underlying governance challenges within the category.

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