Plato Racing entered administration in August 2026. The decision related to the BTCC team came after a race victory at Knockhill. Administrators have set Plato Racing up for sale after the entry into administration.

News outlets reported that the racing team hit a dead end before being offered for sale. Plato Racing is the BTCC team that passed into administration after its Knockhill race victory. The administrators then offered the team for sale. This sequence of events took place in August 2026.