Ginetta Withdraw from Spa

Ginetta have confirmed that the pair of G60-LT-P1s will not be released to CEFC TRSM Racing for tomorrows FIA WEC 6 Hours of Spa due to the team missing payment deadlines.

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“It is with great disappointment that we have to announce that Ginetta will not be releasing the two LMP1 cars that successfully ran at the FIA WEC Prologue at Paul Ricard at the beginning of April. Unfortunately funds promised have not arrived from TRS to CEFC TRSM Racing. The required funds for Ginetta were due some time ago and whilst we understand that TRS has been working with its sponsors to sort the issue, without payment, Ginetta cannot allow the cars to race. Ginetta remains committed to working with CEFC TRSM Racing on this programme.

We are aware that CEFC TRSM Racing has visited TRS many times in China and can also confirm that TRS have visited Ginetta three times recently, the last time to attend a Royal visit. We have been informed by TRS that the current situation is a short term cash flow problem and that the main funds are in place for payment before Le Mans.”

Chairman of Ginetta, Lawrence Tomlinson said: “We’ve got to a situation where a UK-based team with excellent ability, kit and personnel, plus a pair of the latest LMP1 cars with confirmed and fully paid up entries for the 2018/19 FIA WEC (including two entries at Le Mans in both 2018 & 2019) are unable to race simply due to funds not flowing.”

The team are still aiming to get the cars out for the Le Mans 24 Hour next month with Ginettas Lawrence Tomlinson at Spa today, holding talks with senior officials from the ACO, WEC and FIA. A further statement will follow on the status of the programme and what future awaits it.