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It was more of a Mike Raymond decision than a CAMS one. Truth be know if Cams had had there way through Schenken and John Keefe we would be talking about 2lt racing at the moment
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Its just as well things turned out as they did. Super Touring is more expensive than V8s and without factory support forget about winning races.
V8s has seen a massive growth in quality fields with around two seconds usually covering the grid. It is a far more even platform now than in the Group C/A days.
And look at the crowd support, merchandising etc. I can remmeber going to touring car and endurance rounds in the 80s where crowds were nowhere near the sizes we have today.