Archer Capital acquired a majority stake in V8 Supercars in May 2011, investing alongside management and the teams involved in the sport. V8 Supercars is the Asia-Pacific's premier motors sport category, and one of the leading touring car competitions globally. The category currently features 28 cars from 17 teams competing in events across Australia, New Zealand and the Middle East.
The business is the central franchise rights holder, and holds contracts with the circuits, teams, media buyers and category sponsors. In addition, the business promotes and runs a number of the major events on the calendar, including the Bathurst 1000, considered one of iconic motor-sport events globally.
The business has expanded rapidly since its foundation in 1997, and has a strong and passionate fan-base. In 2010, V8 Supercars events were the largest annual event in the each of the states and territories in which they were run, and attract very strong television audiences around the country.