Ram Racing close their doors

[JamesHayward]

Ram Racing said:

Following a difficult start to the 2014 FIA World Endurance Championship, with a particularly challenging 24 Hours of Le Mans, British GTE team Ram Racing was planning to return to racing in September with renewed determination and vigour.

However, recent notification of a drastic cut in its expected funding for the second half of 2014 means that the team has been forced to withdraw from the FIA WEC and any further competition with immediate effect. New employment is being sought for the majority of the team’s employees who were released two weeks ago.

Ram Racing extends its heartfelt apologies and grateful thanks to all its drivers, technical partners, loyal employees, the FIA World Endurance Championship and the team’s many supporters. It would like to stress that it has worked tirelessly to try and avoid, or at least alleviate, the situation it finds itself in.

Ram Racing wishes all its competitors in both the LMGTE Pro and Am categories of the FIA WEC a safe and successful season – we are desperately sorry we won’t be there battling with you all on track.

Sad news. I personally wish all the staff the best of luck in finding work. Mid season is never going to be easy

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