Seton came close to winning the 1995 Tooheys 1000 in the new EF model Falcon, retiring due to a broken engine valve spring whilst in the lead with only eight laps to run.
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At the 1995 Sandown 500 it was revealed that Alan Jones had concluded a deal with Dick Johnson Racing engineers Jim and Ross Stone to form a new team, with backing controversially from Glenn Seton Racing sponsor Philip Morris, for whom Jones drove.