Plato Racing Enters Administration as Team Races Under CPRL

Arafino Advisory is operating the entry while marketing it for sale, a rescue that keeps the cars on track and exposes wider budget stress in the BTCC.

Overview

Court filings show Plato Racing Limited has entered administration and Pantera Valuations has listed the operation for sale as 'Project Speed', revealing cumulative losses of more than £800,000.
Title sponsor Cataclean and TOCA have provided short‑term support so the entry will complete the 2026 season under the interim name CPRL and with an all‑black livery.
Joint administrators Arafino Advisory say the business is trading in administration with the aim of rescuing it as a going concern and intend for the team to keep competing at events such as Donington Park.
Jason Plato has left the operation but the cars keep their drivers Adam Morgan and Dan Rowbottom for the weekend, and RML Group has been reported as providing interim technical support.
The team’s collapse days after a breakthrough 1‑2 at Knockhill and recent budget exits elsewhere in the paddock, including James Dorlin’s seat loss and Dan Lloyd’s return, underline growing financial pressure across the BTCC and make a sale or further lineup changes likely developments to watch.