Waters, from Mildura in Victoria, is an experienced motor racing driver.
He currently leads the Australian Formula Ford championship and has years of experience driving go-karts and open-wheelers.
Waters was selected by V8 Supercar team Kelly Racing to drive one of their Holdens from the Seven Digital television program Shannons Supercar Showdown, in which 10 drivers competed for a shot at competing at Bathurst.
Kelly Racing co-owner Rick Kelly, himself a V8 Supercar driver and Bathurst's youngest ever winner, defended the decision to throw the teenager into the testing race.
"The critics will say he shouldn't be doing this for his first race and he's very young, but I don't think it's an issue," said Kelly, who made his Bathurst debut aged 18.
"We've been genuinely surprised every time we've put Cam Waters in one of our cars, with what he's capable of.
"Cam performed amazingly and really opened the eyes. We are genuinely excited about Cam's ability and potential.
"We really hope it provides him with a kick-start to his career. He's got the talent to go all the way in this sport."
Waters, who has only been to Bathurst as a spectator, said he was ready for his baptism of fire as part of a huge few days.
"Hopefully I pass my 'P' test the Wednesday after Bathurst," says Waters, who wants to pursue a fulltime V8 career.
"The V8s is where I want to be. I've been racing for years now - I've been in karts since I was six.
"I've been doing this for a long time and hopefully I'll go alright up there. I can't see why I won't."
Waters beat English 22-year-old Andrew Jordan to win the prize.
- AAP
