Matt Braid on Toyota’s Supercars tilt

The last man to bring a brand into Supercars gives Toyota’s decision the thumbs up.

Toyota Australia’s announcement that it will enter Supercars is about as big as motorsport news gets.

It’s a huge boost for the series. Toyota’s marketing and activation muscle is unrivalled Down Under. While it will certainly be good for Toyota, it will inevitably be great for Supercars as well. This red tide will raise all boats.

The last manufacturer to join Supercars was Volvo. Although its involvement was relatively short-lived, it was successful – both on and off the track. The architect of Volvo’s Supercars entry was Matt Braid, then CEO of Volvo Australia. Braid later went on to become the Managing Director of Supercars – a poacher turned gamekeeper of sorts.

He’s ideally placed to comment on the challenges and opportunities Toyota faces as it sprints toward the 2026 Supercars series, with Walkinshaw Andretti United as its homologation team.

I expected Braid to be the first call for many motorsport commentators. When he wasn’t, curiosity got the better of me. So, I picked up the phone.

“They’ve been the biggest target for a long time,” Braid said from his Sydney base.

“I saw Tony Cochrane say that the one thing he regrets is not being able to get Toyota. It was the same when I was at Supercars. James Warburton, John Casey, and I pushed pretty hard, but credit to the team now – they’ve scored the big one.”

Braid notes that Toyota’s vice president, Sean Hanley, is key to this decision. A lifelong Toyota and Lexus executive, Hanley has had Supercars in his sights for decades but played the long game. It’s only now that the stars have aligned. Make no mistake, however – without Hanley’s considerable influence within the company, the Supercars business case would likely never have progressed.

“It could only happen with Sean Hanley,” Braid agreed.

“He likes the sport, but it’s not just a love affair. He sees the benefit. He was behind the [Toyota 86 series], and the [Lexus] Safety Car… They dipped their toe in the water for a long time, getting everything right before putting the [successful] business case forward.”

“Getting the business case approved was probably the biggest hurdle… Now, keeping it relevant in their global sphere is key. It will be interesting to see how they manage that and maintain global support over the [pre-2026] period to achieve their goals…”

Braid knows all too well the complexity of modern automotive marketing. He masterminded Volvo’s Supercars entry and says the real work has just begun for Hanley and his Toyota team – both in the boardroom and the workshop.

“It’s scary that it’s been that long [since a new brand entered Supercars], but the Australian market is vitally important to Toyota. They’re in a different position than Volvo was at the time.

“Getting the business case approved was probably the biggest hurdle… Now, keeping it relevant in their global sphere is key. It will be interesting to see how they manage that and maintain global support over the [pre-2026] period to achieve their goals,” Braid said.

On the technical side, Braid praised Toyota’s decision to partner with the Walkinshaw Group. This partnership goes beyond the racetrack – they’re working together on the local left-to-right-hand drive conversion of Tundra full-size US-market pickups, a world-first for Toyota.

More Toyota USA products are expected to follow the Tundra’s late-2024 release.

Local expertise is essential, Braid asserts.

“We’ve seen it before where a big manufacturer wants to get involved. Often, they dive in and try to do it all themselves, and it doesn’t work.

“It’s critical to link with a local team that has deep knowledge of the series and solid engineering capabilities. We saw Mercedes-Benz attempt this through AMG – they thought, ‘We know engines and cars, we’ll do it our way,’ but it didn’t work out.

“But Ryan Walkinshaw and his team are the perfect partners. They understand the pressures and opportunities on the OEM side, and partnering with Toyota is a huge win for them,” Braid said.

Toyota joins Supercars as the clear number one auto brand in Australia. Braid says he’ll be watching closely to see how Toyota engages with the public over the next 12 months as it prepares for its on-track debut.

“They’ve already got a great platform to communicate this news and build on it. Getting the reach won’t be an issue – the interesting part will be the content they create to communicate [their participation].

“With Volvo, we didn’t quite have the same reach, which impacted the market [opportunity]. We had to work harder to get the news out and showcase the brand. Toyota already has a ready-made audience, so they can focus more on the content to rev it up.”

Braid also sees off-the-shelf assets that Toyota can leverage.

“They have the Gazoo Racing brand and blending that into Supercars will be fascinating to watch. They already have cars on the road that can support their efforts.

“Every manufacturer is looking for an edge – both for their brand and how they promote it. The racing side is one thing, but engaging with drivers’ personalities is another.

“‘Shoulder content’ has become critical in sports. Drive to Survive is the obvious example – there’s now huge demand for the peripheral stories around racing, and I think Toyota will be able to leverage that.”

Braid adds that the engagement of Toyota’s 270-strong dealer network around Australia will be another key element.

“It’s a galvanizing experience. At Volvo, we brought our dealer network along for the journey, explaining why we wanted to go racing. It was a big leap for us, but the dealers backed it 100 percent – even pushing for the Polestar blue road cars. They jumped on board quickly.”

He recalls how racing united typically competitive dealers:

“There’s nothing better than everyone coming together to back one team. After our first race event in Adelaide, every dealer was in the hotel restaurant, toasting each other, cracking champagne. One of the senior Volvo execs [from Sweden] said he’d never seen a group of dealers come together and celebrate like that.

“That’s the power of getting behind a sports team – especially a motorsport team. I think it’s a real benefit.”

Braid is confident in Toyota’s success and adamant that this is great news for Supercars.

“It couldn’t have come at a better time,” he said, referring to speculation about Toyota’s impact on television rights negotiations.

“Any addition like Toyota has to help. This move will keep the other Supercars manufacturers on their toes and might also prompt other brands to take another look.

“I can’t give enough credit to those involved. It’s a big win, and as someone who tried to get Toyota involved, it’s a huge coup.”

EV shift not fast enough for Volvo

Volvo’s decision to retain ICE in its portfolio is a clear indication EV uptake is too slow to pay the bills

Volvo’s delay of going all-electric prompted me to dig up a transcript of an interview I did with Volvo boss Jim Rowan during a visit to Australia in early 2023…

Rowan made it very clear Volvo Cars couldn’t afford to invest in development of both ICE and EV. He championed the technological superiority of electric powertrains. But also conceded that EVs would be accepted at different rates around the world.

Rowan’s comments then make instructive reading now as the first world [re]considers personal transport options…

“I look at it [internal combustion] as an engineer. If I look at an internal combustion engine, it runs at an efficiency of about 35% because you lose so much to noise and heat and vibration. Our new e-motors are running at 93% efficient… There’s less vibration, there’s less noise, there’s higher efficiency, there’s zero tailpipe emissions. It feels that technology is going to be the next relevant technology for mobility,” Rowan commented

“And the same way as we moved from steam to internal combustion 100 years ago –because steam was good for its day but it had limitations and then of course internal combustion came … The same thing, I think, is going to happen over the next generation but it will be electric.

“[But] We need to understand the nuances at each market. If you look at the US as an example: the US is changing to electrification quickly on the coasts. In the interior [Midwest], then that’s slower, and the big push there is then PHEVs.

The same way as we moved from steam to internal combustion 100 years ago… I think, is going to happen over the next generation but it will be electric


“What’s interesting is the people who buy a PHEV and they need a second car, almost all of them go straight to BEV. They like the electric drive experience, and they’ve already got the kind of a safety net with the PHEV and then they go full electric on a second car or a third car — car for the kid, or whatever.

“So, I think it will be different in different parts of the world. We’ve said we’ll be fully electric by 2030. I think we will be. I think the market will move. That’s a decision that we take as part of our strategy. And I think we’ll be proven right. But it’s not going to be detrimental to the company as a whole because enough of the market will move to electric that we can take up that market share,” Rowan stated.

So, what’s changed? Is Volvo’s latest decision a concession that not enough of the global car market is going to shift? Interesting times…

Enough with the weird EVs already!

Are brand conscious buyers already tiring of jelly-mold EVs?

Is anyone really surprised that Mercedes-Benz AG has axed the EQS (pictured below) and will instead provide electric drivetrains to its next generation of S-Class?

S-Class is almost a brand within itself. It’s a statement and a default purchase for many of the more well-heeled members of the community.

It’s also long been a technology bellwether for the Three-pointed Star. That it didn’t deliver a battery-electric opportunity for its customer set, nor top Mercedes-Benz’s technology offer, flew in the face of what S stands for.

Parlous sales and even worse retained values of the EQS globally made it clear – this was not the electric limo they were looking for…

The collateral damage did overall brand few favours…

Mercedes-Benz’s experiment with standalone EQ models will remain but I’m certain (like the company and industry overall’s ‘EV or bust ‘adventure) this will continue to be elegantly wound back.

Don’t get me wrong, battery electric cars have an important role to play and do, can or will suit a significant number of consumers.

But the S-Class decision reinforces that for many car buyers the future will be about the ability to choose your powertrain — without the need to throw away iconic qualities, performance, style, feel, fit and finish…