Adelaide has let go of its rights to host the Adelaide 500 in early 2021, citing uncertainty around Covid-19.
The season-starting V8 race round was scheduled to run for four days in late February/early March. But the three-month lead time to build the temporary grandstand and corporate facilities left it vulnerable to excessive losses if the event had to be cancelled at the last moment due to Covid-19.
The South Australian Tourism Commission is now looking to hold the closing round in November/December.
“Our world-class street circuit requires significant planning and temporary infrastructure to operate successfully,’’ said South Australian Tourism Commission boss Hitaf Rasheed.
“Our event-build is one of the largest in the state and comes with considerable risk and reward.
“Top of mind for us, is our many suppliers and stakeholders who will soon start making huge investments into the event, both time and money, and we want the best result for them as well as our loyal fans.
“We are working with Supercars on revised dates for the 2021 event and looking to have this resolved in time for their calendar release, currently planned for the back half of October.”
Supercars CEO Sean Seamer said “it would not be viable to run an event of that size and scale in February”.
“We have a great relationship with South Australia and will continue to look at all options for 2021,” Seamer said.