| Name | Reason for Selection at Life Member | Year Bestowed |
|---|---|---|
| Ian Gowanloch | Supporting BEARS morally and financially from day one | 1997 |
| Peter Muir | For his outstanding racing career and his efforts at the Isle of Man. | 1997 |
| Chris Smith | For his years of service. Chris is one of only three founding members. | 1998 |
| Scotty Brown | Meritorious commitment to BEARS racing. | 1999 |
| Mal Cherlin | Continually extolling the virtues of BEARS. | 2000 |
| Phillip Gray | Tireless efforts in keeping BEARS going. | 2005 |
| David Aboud | In recognition of outstanding service and dedication | 2010 |
| Linden Roth | For displaying true BEARS spirit and sportsmanship for over 20 years. | 2017 |
| Rick Fitzsimmons | In recognition of outstanding service as both racer and committee man | 2021 |