 He announced his retirement on January 28, 2011 at the Araneta Coliseum at the start of Game 4 of the finals.He had played the entire finals series before he hanged up his #17 jersey in which Talk 'N Text Tropang Texters subdued San Miguel Beermen in 6 games.On December 20, 2016, FEU announced the hiring of Racela as the head coach of the FEU Tamaraws men's basketball team in the UAAP.