The 1997 season turned out to be one of the best for the team from a championship perspective with Ingall finishing second and Perkins fourth. They dominated the Melbourne Grand Prix support races and the Phillip Island races with one-two results before once again winning the Bathurst 1000 for Larry's sixth and Ingall's second time. The team also ran a third car as part of the "Castrol Cougars", shared between female drivers Kerryn Brewer and Melinda Price, who is the sister of former racer, Drew Price, and the aunt of future Perkins Engineering driver, Shane Price.