NEW MAJOR SHAREHOLDER AT KELLY RACING

SUPERCARS team Kelly Racing has become Kelly Grove Racing, following a 50 percent buy-in from the Grove Group.

The Grove Group operates across the manufacturing, hire, private investment, property development and hospitality industries and is no stranger to motorsport.

Father and son duo Stephen and Brenton Grove have both raced extensively and will take an active role in the team, attending events alongside team principal and co-owner Todd Kelly.

ENTRY LIST: 2021 Repco Supercars Championship

The news comes ahead of expected confirmation that star driver David Reynolds will join the squad, replacing the retired Rick Kelly alongside Andre Heimgartner.

“This will be our thirteenth year owning and running Kelly Racing,” said Todd Kelly.

“Over that period we’ve built and ran Holdens, designed, developed and manufactured a complete Nissan Supercar and engine, and recently converted to Ford, once again with the car build and engine development and manufacturing all completed in-house.

“I believe we’ve been extremely effective over the years to be able to design and manufacture all of our own equipment to an extremely high standard through having a great team, a supportive partner network and through a lot of hard work and dedication.
 
“But it’s been evident for a long time now that there are two factors that contribute to consistent on-track success; one, streamlining the team from four cars to two and the second is being able to find a way to compete with the top teams that have the firepower of multiple shareholders both locally and international.

From left: Todd Kelly, Stephen Grove and Brenton Grove. Pic: Supplied

“To put ourselves on a level playing field it was extremely important to have a partner come into the team who is like-minded and as passionate about racing as we are, and fortunately we’ve been able to find that partner in Stephen Grove.

“The Grove Group, like most of our partners, is an extremely successful Australian-owned business which uses almost entirely Australian-made products which is important to Rick and myself.

“The Grove Group also has a vast amount of experience in motorsport with their Porsche and GT programs which will be a huge asset to the team.
 
“Along with an announcement in the coming days on our new driver and sponsor line-up for this year, I believe this new partnership will set us up for our most successful year yet.”

Added Stephen Grove: “I’m excited to announce our strategic partnership with Todd, Rick and Kelly Racing for 2021.

“We decided to enter the Supercars Championship based on the series’ strong strategic roadmap forward with the Gen3 ruleset and the new TV rights agreement.
 
“It was clear that the opportunity to partner with Kelly Racing was the right fit for our business given the synergies in philosophy between Kelly Racing and the Grove Group.
 
“I believe that through our partnership the team can grow and develop to promote and reward our sponsors for their commitment in not only our team but our vision moving forward.”