1974 RE-PO 500K

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 501 km. The race, which was the fifth round of the 1974 Australian Manufacturers' Championship, 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.

Class structure
Cars competed in four classes:
 * Class A : Up 1300cc
 * Class B : 1301–2000cc
 * Class C : 2001 – 3000cc
 * Class D : More than 3000cc

Race results
Race results were as follows:

Note:
 * The Mazda RX-3 of Tony Farrell was excluded from the results due to a modification to the half shafts. An appeal was successful and the car was re-instated.