Plato Racing entered administration in August 2026. The decision involving the BTCC team succeeded a race victory at Knockhill. Administrators have put Plato Racing up for sale after the passage into administration.

News outlets reported that the racing team ran out of road before being put up for sale. Plato Racing is the BTCC team that entered administration after its Knockhill race victory. The administrators then put the team up for sale. This set of developments happened in August 2026.