Read the text and determine if the sentence is true (see options at the end):

The Bathurst 1000 (currently branded as the Supercheap Auto Bathurst 1000 for sponsorship reasons) is a 1,000 km touring car race held annually on the Mount Panorama Circuit in Bathurst, New South Wales, Australia. It is currently run as a championship event for Supercars.

Sentence: The Bathurst 1000 is the most prestigious race on the circuit.
Select from:
(I) Yes;
(II) It's impossible to say;
(III) No;
(II)