Since the early 1990s, a sign honouring local racing legend Larry Perkins has welcomed people to the far north-west Victorian town of Cowangie.

Last week, however, it was cut down and stolen.

The sign was believed to be taken between Wednesday and Friday.

Jack Perkins, son of Larry Perkins and a racing driver himself, condemned the act, labelling it as "disappointing" for the community.

"[The sign] is a really cool thing for the community and obviously in the motor racing world," he said.

"That's the thing that really annoys you; when community go to this effort to put something up, they're proud of their town and proud of that particular sign [and then someone steals it]."

Installing sign a community-led initiative

Larry Perkins, who retired in 2003, won the Bathurst 1000 race six

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