TICKFORD Racing has undergone an ownership structure change.
Long-time racer Rusty French, who purchased the team in partnership with Rod Nash just before Christmas 2012, has sold out of the Melbourne-based team.
That leaves Nash and Sven Burchartz as the sole shareholders of the team.
The ownership structure change is understood to have quietly been made prior to the start of this year’s Repco Supercars Championship.
Burchartz confirmed the ownership change to V8 Sleuth’s Aaron Noonan in this week’s episode of the V8 Sleuth Podcast Powered by Repco.
Tickford Racing debuted in the Supercars Championship in 2003 as Ford Performance Racing.
FPR was originally run by the British-based Prodrive organisation led by David Richards and was created after a buy-out of Glenn Seton Racing.
Nash and French purchased the team in late 2012, a deal that was announced in early 2013.
Ford’s withdrawal from Supercars prompted the team to swap to the Prodrive Racing Australia banner in 2014, which then gave way to using Tickford Racing from 2017 onwards.
Burchartz, a long-time Porsche racer, initially sat on the team’s Advisory Board and became a partner in the team in 2015.
LISTEN: Sven Burchartz on the V8 Sleuth Podcast
Tickford Racing runs four cars in the Repco Supercars Championship plus a car in the Dunlop Super2 Series.
The next round is this weekend’s nti Townsville 500 in North Queensland.