Motor racing is a high profile event category for NSW bringing with it substantial economic, employment, promotional and tourism benefits.
The Sydney 500 is the “Grand Finale” of the annual V8 Supercars international series, which has around 15 championship events annually held in Australia and overseas. NSW has secured the rights to host the series final until 2016, with the option of retaining the event for a further two years.
The event is organised and promoted by V8 Supercars Australia and is assisted by Destination NSW, through the Homebush Motor Racing Authority (HMRA). The organisation took on this role when HMRA became part of Destination NSW in July 2011. HMRA is responsible for the planning approvals process and ensuring the effective and efficient delivery of government services for the event.
The three day event takes place in the first weekend of December each year. Two championship legs - each run over 250 km - are raced on the 3.4km street circuit around Sydney Olympic Park. Drivers have to complete 74 laps of the circuit in each leg.
In addition to motor racing, the event includes car exhibitions, motorcycle stunts and family zones. The 2014 Sydney 500 V8 Supercar event will be held in Sydney from 5 - 7 December.
The Australian round of the 2014 World Rally Championship is to be held on the Coffs Coast of NSW from 11 - 14 September. The event organiser and promoter is Rally Australia. HMRA administers the Motor Sports (World Rally Championship) Act 2009 and manages the planning and approvals processes associated with the staging of the event.