The Confederation of Australian Motorsport (CAMS) has announced a review of its judicial process in relation to V8 Supercars.

The review aims to ensure best practice, international compatibility and transportability and a judicial system that is both fair and transparent for competitors and motor sport enthusiasts.

The review panel will be chaired by Lex Lasry QC and will review the existing judicial process, penalties, timing of hearings and seek information on best practice in other motor sport categories worldwide and other sporting codes.

CAMS Chief Executive Officer Dr Rob Nethercote said that he had informed AVESCO earlier this year of CAMS' intention to hold a review and had received a presentation from them.

"We met AVESCO in Queensland last month where we received their initial input," Dr Nethercote said. "We were impressed with their ideas, some of which could be implemented immediately, and the panel will give due consideration to their views.

"The purpose of the review is to ensure that the judicial process is the best available and complies with the Federation International de l'Automobile's (FIA) International Sporting Code.

"We are seeking submissions from relevant individuals and organisations and the terms of reference for the review will be available on the CAMS website," Dr Nethercote said.

The first meeting of the review panel is scheduled for 15 December and the recommendations will be made public before the end of February next year.