Due to integrity issues (outside of our control and just recently learned about) with the 2011 Indy Lights series championship, O2 Racing Technology’s sponsors and investors have decided to temporarily take a step back and to reconsider their participation. Unfortunately, this also impacts the team’s ability to participate.
After a series of discussions with the other team owners, drivers, and INDYCAR, we have been generally assured that INDYCAR is aware of the issues with the tech inspection reporting/penalty procedures and will be addressing them at some point in the future.
We’re heartbroken over the effect that this situation has on our team member’s families and on the careers of our drivers, but we’re hopeful that confidence will be restored in the integrity of the Indy Lights championship in a timely manner and that our partners will be encouraged to resume their participation.
For additional information, please contact Mark Olson at email@example.com.