European Le Mans SeriesSportscars

Marc VDS pull out of GT Racing after Financial Mismanagement

1 Mins read

Due to increasing costs and financial mismanagement, the Marc VDS Racing Team has been forced to pull out of car racing, including next year’s European Le Mans Series. The team has ended their run on a high note, having won the 24 Hours of Spa this year.

To add on to the success at Spa, the team will also be remembered for winning the Pro Cup Team Championship in the Blancpain Endurance Series, two years ago. The transition away from car racing will mean that the final ELMS round at Estoril will mark an end of an era for the line-up.

Marc van der Straten was particularly emotional at the team’s farewell, with the President condemning the actions of the few that drove the company over the edge, but despite this he spoke fondly of his father who first inspired the team’s beginnings.

“So much so that today my passion for racing is gone. Collaborators have betrayed both my trust and the family spirit of our team,” he started out by saying.

“I am 67-years-old and I do not have the time left to accept behaviour that disrespects the moral principles I hold dear. I am tired by the lack of professionalism of some of the people I, wrongly, placed in key positions within the team.”

“I’m tired of those who have no other purpose but to financially jeopardise our business, even to the point of bankruptcy. That is why I have decided today to bring down the curtain on Belgian Racing and end my long association with four-wheeled motorsport.”

The team will not completely fold though. Marc VDS will continue its involvement in two-wheel racing. Most notably; in MotoGP.

“But be reassured, the Marc VDS Racing Team is not dead either, quite the opposite in fact. The car is dead, long live the bike! Since the beginning of our adventure in the Moto2 World Championship six years ago we have had one World Champion and two Vice-World Champions.”

“I have enjoyed these exceptional results, which were achieved by professional people for whom success is the only reward they require. It is a team that has secured great results and built new projects happily and with good humour; what more could I ask for?”

Credit: Nick Smith / TheImageTeam.com
1347 posts

About author
Single-Seater Specialist who worked for TCF from 2015-19. Come finding me wandering the paddock.
Articles
Related posts
24 Hours of Le MansBritish GTEuropean Le Mans SeriesFIA World Rallycross

Chris Hoy announces terminal cancer diagnosis

2 Mins read
Sir Chris Hoy, one of the most accomplished British Olympians who went on to become a European Le Mans champion and dabble in British GT, the 24 Hours of Le Mans, and even World Rallycross, announced Saturday he is battling an incurable prostate cancer.
Historic RacingSportscars

1000 Miglia revives pre-war figure 8 route for 2025

1 Mins read
The 2025 1000 Miglia will hark back to the days before the Second World War, being held on a figure 8 course similar to what was used for the first 12 editions from 1927 to 1938.
European Le Mans Series

ELMS Unveils 2025 Calendar: Silverstone Makes Triumphant Return

2 Mins read
ELMS reveals 2025 calendar with six races in six countries. Silverstone returns after six years, joining Barcelona, Le Castellet, Imola, Spa, and Algarve on the schedule.