Rubric-based rewards provide fine-grained, interpretable supervision for open-ended reinforcement learning, where holistic scalar rewards struggle to capture multidimensional response quality. Static rubrics can lose discriminative power as the policy distribution evolves, while existing policy--rubric co-evolution methods rely on globally prescribed update schedules that ignore heterogeneous reward informativeness. We introduce RACE, a Reward-Adaptive Co-Evolution framework. At the group level, per-rollout-group training-signal routing classifies groups as informative, diversity-collapsed, or rubric-failed, updating the policy only with informative groups while caching rubric failures. At the phase level, event-triggered phase switching enters rubric optimization upon persistent reward saturation and returns when rubric-reward improvement plateaus. Rubric phases train the generator on cached pairs using a frozen judge and a scale-normalized pairwise-margin reward. Across both levels, online threshold adaptation adjusts routing and switching thresholds through proportional control. Under a unified evaluation protocol, RACE achieves the highest average performance and outperforms the strongest fixed-alternation baseline on all eight tasks, while improving rubric discrimination.

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