The increasing national popularity of the Australian Touring Car Championship, improvements in Channel 7's ATCC telecast, and the 1991 economic recession which saw a number of privateer teams only racing in the two ATCC rounds in Sydney and the Bathurst 1000, all gradually reduced the grids until the AMSCAR Series was discontinued after the 1993 season. It was revived in 1997 and held at the ARDC's two circuits, Amaroo Park and Eastern Creek, but with the major teams holding exclusivity to V8 Supercar events, the mostly Sydney-based privateers were not numerous enough to make the series viable and the series folded after 1997.