It was the inaugural "1000 Classic" race,[1] created in response to the desire of V8 Supercar organisers AVESCO to compete at the popular Mount Panorama Circuit outside of the traditional Bathurst 1000 event, as AVESCO were in conflict with the Bathurst 1000 organisers, the Australian Racing Drivers' Club. While many attempts were made to broker a peace between the two bodies, there was a fundamental chasm over the issue of television coverage with AVESCO holding a series contract with Network Ten and the ARDC holding a contract with the Seven Network. The impasse was solved when Bathurst City Council negotiated a deal with AVESCO for a separate race, to be held two weeks after the 1997 AMP Bathurst 1000, which subsequently went ahead with a field of Australian and British Super Touring cars.
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