Mark Skaife has announced he will not stand for re-election as Chairman of the V8 Supercars Commission.
Skaife, the Commission’s inaugural Chairman, will vacate the role when his current two-year tenure expires in October.
Elections will be held prior to this year’s Bathurst 1000 event for the Chairman and Independent Member positions in accordance with the constitution, with current independent member Chris Lambden also vacating his position.
Having spearheaded the introduction of the new generation V8 Supercar (Car of the Future) and the entry of Nissan, Erebus Motorsport V8 and Mercedes-Benz, and Volvo in 2014, the six-time Bathurst winner and five-time Series Champion will remain with V8 Supercars in a strategic business development role and as an adviser to the board.
“I am enormously proud and honoured to be the very first Commission Chair and of the incredible success of the new generation product which has led to the best racing in history,” Skaife said.
“The Commission has worked diligently to guide V8 Supercars through the Car of the Future introduction and in making decisive sporting recommendations to the Board.
“At times there has been robust and passionate debate but that has led to significant outcomes, making the Commission a critical part of the overall Governance of the sport.
“I thank each and every member of the inaugural Commission for their support of me as Chairman; and of the professional and meticulous work it has done.
“I look forward to stepping up within V8 Supercars in a broader strategic and business development role to assist James [Warburton, CEO] and the Board through the next stage of growth.
V8 Supercars CEO James Warburton praised Skaife’s invaluable input over the past two years.
“Mark’s contribution as Commission Chairman has been exemplary,” Warburton said.
“I have asked Mark and I am delighted that he has accepted the role of Strategic Business Development and Board Advisor. He continues to be a major asset for the sport in this role.”