History
The Automobile Club of Victoria was founded in 1903, and it held its first car rally at Aspendale Park Racecourse in 1904. In 1916, it received the approval of His Majesty the King to prefix the title "Royal" to its name.
RACV is a member of the Australian Automobile Association which has member organisations in each state and territory of Australia.
RACV was a founder of insurance brand AAMI (previously known as Club Motor Insurance and now owned by Suncorp-Metway), and both companies are now major competitors in the insurance market in Victoria with RACV's business venture with rival Insurance Australia Group.
Read more about this topic: Royal Automobile Club Of Victoria
Famous quotes containing the word history:
“All history becomes subjective; in other words there is properly no history, only biography.”
—Ralph Waldo Emerson (18031882)
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“The history of all hitherto existing society is the history of class struggles.”
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