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Embassy Racing sportscar team closes
1st October 2008
The York, UK based Embassy Racing team, which competes in the Le Mans Series with its own WF01 LMP2 cars powered by Zytek V8 engines, has confirmed that it closing down its sportscar racing operation with immediate effect citing the global economic downturn as the reason for the closure.
Team founder Jonathan France said, “As soon as it became apparent to me that the financial situation was becoming difficult, I decided it would be best to put things on hold – settle everything up and concentrate on other business matters.”
The future of the motorcycle racing division of Embassy Racing which competes in the British Superbike Championship has yet to be decided.
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