The FX-500 endurance race is an exciting addition to the Australian road race calendar.

The $100,000, winner takes all FX-500 Superbike endurance race will be officially launched at Sydney Motorsport Park on 22 October, with the naming rights sponsor and rider lineup to be revealed.

The 16 November event is touted as offering the “world’s richest motorcycle race prize”, and is expected to attract a host of well-known riders to vie for the inaugural title.

“Everyone knows endurance races are an open book with no outcome on who the winner will be no matter how big the names,” said ARTRP managing director Terry O’Neill in today’s announcement.

“It has always been a case with endurance races that any well prepared team can win because there is a large element of luck as well as good planning involved in winning.

“This is what makes endurance racing exciting and when you have the country’s best racers vying for the $100,000 winner takes all prize then everyone knows this is going to be one very exciting and hard fought out competition.”

A full set of specific technical rules for the FX-500 will be announced next Monday, along with a list of prizes for previously unmentioned grades and levels of privateer.

“The tech rules will keep the principle of FX-Superbike alive with no expensive mods allowed or expensive quick brake, wheel change gear allowed,” said O’Neill.

“As announced previously the FX-500 is open to FX-Superbike and eligible Pro Stock machines. Please check with us that your bike meets the rules.”

A number of changes to the way in which the FX-500 will run will also be detailed after ARTRP took into account a range of feedback received from competitors.