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HomeNewsGarry, Barry Rogers sell Supercars stake

Garry, Barry Rogers sell Supercars stake

GARRY and Barry Rogers have sold their slice of RACE, the consortium which owns Supercars.

The development has been confirmed to V8 Sleuth by Supercars.

The Rogers’ were foundation stakeholders in RACE, which took full ownership of Supercars in late 2021 after acquiring both the majority share of Archer Capital and the remaining minority owned collectively by the teams.

It made for an interesting dynamic with the Rogers’ Australian Racing Group at times positioned as a competitor to Supercars, although the father/son duo have consistently maintained a desire to push a ‘whole of motorsport’ approach.

RACE shares owned by ARG were sold in August 2022, while the Rogers’ themselves continued as stakeholders.

They have now sold out too, with the bulk of their portion understood to have been purchased by an overseas figure linked to QuintEvents.

The US-based company was founded by Brian Learst in 2002. Liberty Media, the empire behind Formula 1, purchased more than 90 percent of QuintEvents for US$313 million in a transaction completed in early January.

UPDATE: Supercars reveals new international co-owner

The Rogers’ meanwhile remain at the forefront of ARG, of which the last public update had them owning 75 percent.

ARG has streamlined its focus in recent times to management of categories (TCR, Trans Am and S5000) and events (Bathurst 6 Hour, Bathurst International and Race Tasmania).

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