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This paper describes the Resource Allocation and Control Engine (RACE) that integrates multiple resource management algorithms for (re)deploying and managing performance of application components in distributed real-time and embedded (DRE) systems. RACE enables DRE systems to (re)configure allocation and control algorithms depending on application characteristics and environmental conditions. It also enables developers to focus on algorithm logic, while reusing many mechanisms used to (re)configure and (re)deploy the algorithms on distributed computing nodes.