In 2014, Rees crossed the finish line at the end of the 10-lap feature race ahead of New Plymouth's Hayden Fitzgerald and Aucklander Ray Clee, although it is expected his challenge this time around will come from a different set of talented individuals.
Aside from Rees and Clee once again, foremost among the favourites in the glamour 1000cc Formula Paeroa class are Taupo's Scott Moir and Manukau's Toby Summers, men who similarly have enviable reputations for mastering the high-speed, kerb-clipping, hay bale dodging demands of street fighting.
In the 600cc Formula Two class fans should probably expect to see Glen Eden's Daniel Mettam, Wainuiomata's Shane Richardson and Whakatane's Damon Rees (the rising star son of Tony Rees) battling at the front.
International visitors, American Don Canet and Australian Mark Robertson, could also make life difficult for the Kiwi hopefuls.
"We have put plans in place this year to ensure that the race can go ahead rain or shine," said Paeroa Promotions Trust president Jonathan Smith.
"Our concern was with the speeds being raced in the wet, particularly with the kink on the main straight. If it rains this weekend, we have made provision to alter the shape of the track at short notice and make it an all-weather course.
"We have other contingency plans in place too, with better equipment to clean up after oil spills and are looking to use the 'air fences' that were also used at the Cemetery Circuit races at Whanganui on Boxing Day.
"We are looking forward to what will be another fantastic day of race action, made possible only by the tremendous work done by volunteers. The support we receive from the community for this is amazing."
Sunday's programme also features other bike classes, including Bears (non-Japanese bikes), Superlites, Seniors Classics, Juniors Classics, Post Classic Pre-82, Post Classic Pre-89, sidecars, post classic sidecars and supermoto machines .