TKR meaning in Sports ?

Answer:

What is Team Kiwi Racing mean?

Team Kiwi Racing is a racing team that previously competed in the Australian V8 Supercar series, the Australian Carrera Cup Series, The New Zealand 2.0ltr Touring Car Championship, The NZV8 Championship and BMW Championship Series. The team has since returned at much reduced scale, competing in one make series' in New Zealand while also supporting a number of up and coming young Kiwi drivers from grass root level motorsport through to domestic and international competition.

Although the majority of races in the V8 Supercar series are run in Australia, Team Kiwi Racing was the only team to be headquartered in New Zealand. Their offices are in Auckland, New Zealand while the team rented space to base their Supercar team out of workshops in both Queensland and Victoria, depending on which team they were aligning with for that coming season. When racing a Ford the team based in Victoria and when racing a Holden the team based in Queensland. For much of the second half of their V8 Supercar tenure the team formed a strategic alliances with PMM in Queensland and multi car team FPR in Melbourne in an attempt to improve on track results via multi car partnerships.

The ability of the team to operate became clouded after bankruptcy proceedings where incorrectly placed against Sole Team Owner, David John in New Zealand. The Bankruptcy proceedings were quickly annulled highlighting the news information circulating and initial bankruptcy proceedings may not have been 100% correctly applied. The annulment means David John was effectively never bankrupted but damage had been done to Mr John.

Despite this and all the time and focus that goes with having to defending himself as above, Mr John and the team attended the 2009 pre-season test at Queensland Raceway in preparation for another full season in the Supercars Championship. N John's bankruptcy was later annulled in November 2009 -

In 2009, after the second round in Hamilton, New Zealand; the team's REC was bought out by driver, Dean Fiore and a new team established named Triple F Racing ending TKR's involvement in V8 Supercar.

reference

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