AVESCO has ceased to be. The Australian Vee Eight Supercar Company, AVESCO, governing body of the Australian V8 Supercar Series has now completed the form✨al name change to V8 Supercars Australia.

"The acronym AVESCO is still unfamiliar to a lot of people but the moment you mention V8 Supercars people of all walks identify with it immediately," explai🍒ns former AVESCO c🍨hairman, Tony Cochrane.

"The international Motorsport community particularly in China and Europe are becoming very familiar with our product and know the name V8 ඣSupercars. They are not generally familiar with AVE🐻SCO until the acronym is further explained," continues the V8 Supercars Australia chairman.

Cochrane reckons the name is the only change𒉰, and everything else is p🔯rogressing very well indeed for the V8 series.

"V8 Supercars could not be in better shape. Numbers across ♔the board are up by 10 per cent or more and we are achieving our goals each year. The name change does not mean any structural change to the businessܫ," he explains.

"It is a step forward in our brand awareness in Australia and overseas. By changing our trademark name the hope is that it will become synonymous around the world. Weﷺ also wanted to ensure our sport remains uniquely Australian."