Bond reached the highest levels in Australian motorsport in 1969 when he was recruited by Harry Firth to the newly formed Holden Dealer Team.

On a day when the Fords crumbled with unsuitable tyres for the race, the HDT stood strong, putting all three Monaros (including one driven by Des West and Peter Brock which finished third) into the top six positions with Bond and Roberts winning.

One was in the Australian Grand Prix at Warwick Farm and driving in a wet practice session Bond put in lap times seconds faster than his more experienced F5000 rivals.

At Bathurst Bond claimed pole position from the Ford XB Falcon GT Hardtop of Allan Moffat and led for much of the early part of the race until a broken axle at half distance put him too far back to challenge the similar Torana Peter Brock and Brian Sampson.

In 1987, motoring writer Bill Tuckey in his book The Rise and Fall of Peter Brock claimed that there had been a lap scoring error in the 1976 race and that Colin Bond's Torana was the first car to complete the distance.

It remains however a contested footnote, Bob Morris denies that this was the case, claiming most team lap scorers agreed that the results were correct.

During the 1980s Bond was less prominent than he had been the previous decade, due mainly as others recognised his engineering ability and he was hired to front smaller operations like Steve Masterton's Capri team, Alfa Romeo's three-year factory effort and in the 1990s Toyota's short-lived foray into Supertouring.

But he did register two more Bathurst 1000 placings, finishing 3rd in 1983 with Allan Grice in a Roadways Racing Holden VH Commodore SS, and 1988; the latter occasion with 1980 Formula One World Champion Alan Jones as co-driver in a Ford Sierra RS500.

Driving an unfamiliar car with 650 bhp (485 kW; 659 PS) (approximately 200 bhp (149 kW; 203 PS) more than either had driven previously), Bond and Miedecke acquitted themselves well against the likes of Sports car racing stars Stefan Bellof, Jacky Ickx, Jochen Mass, Derek Bell, and Aussie internationals Alan Jones and Vern Schuppan.

Driving a Holden VP Commodore with Swede Anders Olofsson, Bond briefly led the race early on when many cars were pitting to change tyres.

Bond retired as a driver in 1994, but continued to contribute to the sport as a driving standards observer for V8 Supercar until he was replaced by Tomas Mezera after the 2006 season.