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Penrite Racing back for 2022

Grove Racing is excited to announce Penrite Racing’s return to the Repco Supercars Championship with the Australian oil company taking naming rights in 2022 and beyond in a renewed multi-year deal.

Both championship cars of David Reynolds and new team recruit Lee Holdsworth will compete under the banner of Penrite Racing.

Both Ford Mustangs will feature an Australian take on the striking black, red and gold colours synonymous with the historic Australian lubricant brand.

Established in 1926, Penrite Oils is a proudly Australian, family-owned company with nearly 100 years of trusted performance and product innovation. The longevity and strength of the big Australian lubricant company is celebrated by Reynold’s #26 – an homage to 1926, the year Penrite was founded.

Bathurst 1000 winning drivers Reynolds and Holdsworth were joined by Australian media personality Sam Kekovich on Australia Day to showcase the Australian passion that is intertwined with both the Penrite Racing and Grove Racing brands.

Holdsworth’s Penrite Racing Mustang will compete with the #10 for the 2022 season – a number previously run under the Grove Racing banner.

The opening round of the 2022 Repco Supercars Championship will be held under lights at Sydney Motorsport Park on March 4-6.

Ahead of the Sydney event, Penrite Racing will conduct a pre-season test at Winton Motor Raceway on February 22.

The livery of the Penrite Racing Mustang’s was produced in partnership with its official paint and vinyl graphics partners PPG and Graphic Art Mart.


Toby Dymond
General Manager, Sales & Marketing, Penrite Oils

“Penrite is a proudly Australian family-owned business and we could not be happier to partner up with a like-minded, locally-owned Supercars race team,” said Toby Dymond.

“Australian manufacturing is very important to Penrite, so to be in a position to increase our support of a self-sufficient Supercars team like the Groves in a dream relationship.

“It is fantastic that we are continuing our long association with Supercars, and with our driver David Reynolds who is regarded as one of the best in the business.

“And now to have reigning Bathurst 1000 winner Lee Holdsworth in our team and in our colours, we feel very fortunate, and we can’t wait for the season to start at Sydney Motorsport Park.”


Stephen Grove
Owner, Grove Racing

“To have an iconic Australian brand like Penrite to be a part of Grove Racing’s first full year at the helm of our Supercars team is fantastic,” said Stephen Grove.

“Penrite is a well-respected Australian company who Grove Racing have worked with in 2021 and for them now to step up to support both of our cars is a great opportunity for our team to assist in growing the Penrite brand. We are truly excited for the year ahead.

“Like the Grove Group, Penrite is a family-owned Australian company that shares the same business values and there are strong synergies between our two organisations.

“Like all Supercars team, we want to win, and that will always be the aim, but first and foremost, we want to continue to grow, develop our Ford Mustangs and work our way up the grid. This year is about moving forward, improving the business, advancing the team and creating a sustainable and competitive future.”


David Reynolds
Driver, #26 Penrite Racing Mustang

“It’s an exciting day for us, launching our 2022 Grove Racing livery across both Ford Mustangs. We’ve got the same sponsor in Penrite, which is fantastic for our team, I’ve got a new team-mate in Lee Holdsworth who I’ve known for a very long time, so I’m glad he’s joining and he’s going to be part of our journey this year,” said Reynolds.

“This is the first year under full-ownership of the Grove family, which is good to have fresh blood in this team. Our hopes and dreams for this year would be for more wins and pole positions, we’ve got some new crew members coming onboard, new parts being built, so there’s a lot of excitement in the group.

“It’s awesome to have Penrite’s support this year. It is the most fantastic brand to deal with. Being Australian owned and manufactured is a great fit to launch on Australia Day.

“I’m really looking forward to having Lee Holdsworth join our team. He’s just come off winning the biggest race at Bathurst last year. I’ve known him for a very long time, but I’ve never actually worked alongside him, so it’ll be interesting to see how he conducts himself, drives the car and gives feedback. I’m very, very excited to have him.”


Lee Holdsworth
Driver, #10 Penrite Racing Mustang

“This season is very exciting. We’ve got two Penrite Ford Mustangs behind us, which is great, I’ve got Dave as a team-mate and we have plenty of things to look forward to. I think this team will really step up a notch this year and achieve some great results,” said Holdsworth.

“Dave and I have known each other for a very long time and raced each other a lot. We have a lot of respect for each other and a great friendship, so it’ll be cool to link up. I hope our experience combined will push this team along and we can strive towards the results that the Groves have as their goal.

“Penrite is an Australian brand, so it’s great to launch on Australia Day. They are very cool colours, the Australian flag is featured just behind the Penrite branding, so it’s a great day for it and it will be good to have it on track this year.

“It’s hard to set an expectation at this stage, but I think everyone aims to be in the top 10 first and foremost, but we’ll take it from there. I’m looking forward to stepping into the car to see what it’s like, the potential it has and we’ve got some good additions coming on this year with the engineering crew working hard to produce new parts to make these Mustangs go faster to be in a position to challenge for race wins.”