French European Le Mans Series outfit SO24! by Lombard Racing has filed for bankruptcy, DSC has learnt.
“This is the end of the line for the #22 Ligier,” driver Vincent Capillaire wrote on his Facebook page earlier today. “Lombard Racing filed for Bankruptcy on July 5th, and therefore is being removed from the ELMS Championship.
“I’d like to thank the mechanics, team manager and all the engineers. Thanks also to my teammate Jonathan Coleman and all the other people who have supported us.
“It’s been a tough season, but I’m preparing for 2017.”
The last time the team competed was at the Le Mans 24 Hours last month, at which it finished 32nd overall.
It was hinted then that the team was experiencing financial difficulties, when Olivier Lombard, driver, and son of team owner Jean Lombard, gave up his drive to Erik Maris at La Sarthe, which at the time was believed to be a decision effective for the rest of the season.
The team however, will not compete at any of the remaining rounds of the ELMS and didn’t feature on the entry list for this weekend’s meeting at the Red Bull Ring.