The 1974 RE-PO 500K was an endurance race for Group C Touring Cars. It was held at the Phillip Island Circuit in Victoria, Australia on 24 November 1974 over 106 laps, a race distance of 501km (311miles). The race, which was the fifth round of the 1974 Australian Manufacturers' Championship,[1] was the fourth annual "Phillip Island 500K".
The race was won by Holden Dealer Team driver Colin Bond driving a Holden Torana. Bond finishing a lap ahead of the Ford Falcon (XB) of Murray Carter. Brothers Rod and Russ McRae finished three laps behind Bond in a Holden Torana to take third.
Cars competed in four classes:[2]
Race results were as follows:
| Position[3] | Drivers | No. | Car | Entrant | Class | Laps |
|---|---|---|---|---|---|---|
| 1 | Colin Bond | 2 | Holden LH Torana SL/R 5000 | Marlboro Holden Dealer Team | D | 106 |
| 2 | Murray Carter | 18 | Ford XB Falcon GT Hardtop | Murray Carter | D | 105 |
| 3 | Rod McRae Russ McRae | 28 | Holden LH Torana SL/R 5000 | Dustings of Burwood | D | 105 |
| 4 | Graeme Blanchard | 16 | Holden LJ Torana GTR XU-1 | Insul Fluf Home Insulation | D | 103 |
| 5 | Stuart Saker | 17 | Holden LJ Torana GTR XU-1 | Stuart Saker | D | 101 |
| 6 | Tony Farrell | Mazda RX-3 | Mazda Racing Team | C | 100 | |
| 7 | Kevin Kennedy | 15 | Holden LJ Torana GTR XU-1 | Kevin Kennedy | D | 99 |
| 8 | Ray Gulson | 48 | Alfa Romeo GTV | Ray Gulson | B | 99 |
| 9 | Jim Murcott | 49 | Alfa Romeo GTV | AF & M Beninca | B | 99 |
| 10 | Mel Mollison | 42 | Mazda RX-3 | Bainbridge Motors | B | 98 |
| 11 | Matt Phillip | 37 | Holden Torana GTR | Mollison Motors | C | 96 |
| 12 | Bill Evans | 58 | Datsun 1200 Coupe | Datsun Racing Team | A | 94 |
| 13 | Brian Ovenden | 21 | Chrysler Valiant Charger R/T | Brian Ovenden | D | 94 |
| 14 | Stewart McLeod | Datsun 240K | Datsun Racing Team | C | 93 | |
| 15 | Colin Campbell | 44 | Ford Escort Twin Cam | Alan Coffey Motors of Dandenong | B | 93 |
| 16 | Ken Brian | 63 | Honda Civic | Auto Village - Nowra | A | 92 |
| 17 | Gary Toepfer | 64 | Toyota Corolla | G Toepfer | A | 88 |
| 18 | Gary Rowe | 45 | Ford Escort Twin Cam | Peter Mac's Towing Pty Ltd | B | 87 |
| 19 | Max McClure | Mazda RX-3 | B | 84 | ||
| 20 | Max McGinley | 65 | Honda Civic | Max McGinley | A | 82 |
| 21 | Geoff Wade | 46 | Ford Escort Twin Cam | Peter Mac's Towing Pty Ltd | B | 78 |
| DNF | Dave Clement | 53 | Morris Cooper S | Clement Motors | A | |
| DNF | Cam Richardson | 11 | Holden LJ Torana GTR XU-1 | Richardson Engine Reconditioning | D | 83 |
| DNF | John Bundy | 57 | Morris Cooper S | JF Bundy | A | 72 |
| DNF | Robin Dudfield | 59 | Alfa Romeo Junior | Victorian Police Motor Sport Club | A | |
| DNF | Lawrie Nelson | 19 | Chrysler Valiant Charger R/T | Lawrie Nelson | D | 61? |
| DNF | John Stoopman | 14 | Holden LJ Torana GTR XU-1 | Bayside Holden | D | 51 |
| DNF | Peter Brock | 1 | Holden LH Torana SL/R 5000 | Marlboro Holden Dealer Team | D | |
| DNF | Peter Janson | 4 | Holden LH Torana SL/R 5000 | P Janson | D | |
| DNF | Allan Moffat | 33 | Ford XB Falcon GT Hardtop | Allan Moffat Racing | D | 35 |
| DNF | Robert Bride | 9 | Holden LJ Torana GTR XU-1 | Torana Club of Victoria | D | |
| DNF | Bernie McClure | 25 | Holden LH Torana SL/R 5000 | Bendigo Motor Co | D | |
| ? | Geoff Newton | 32[4] | Ford Capri V6 | Geoff Newton | C | |
| Excl | Nick Louis | Mazda RX-3 | Kernan Motors (Mazda) Flemington | C | 95 | |
Note: