British Touring Car Championship team Plato Racing entered administration in August 2026. The formal filing into administration came right after Plato Racing took top spot at Knockhill. After the decision, appointed administrators promptly listed the team for sale.

Plato Racing took the Knockhill race win just before entering insolvency that August. Administrators then put the British Touring Car Championship team for sale right after taking control. The administration filing for the squad in August 2026 led straight to the search for a buyer by the appointed officials.