O’Gara Motorsports in trouble?

UPDATE This rumor, broke by AR1.com last week is now upgraded to 'fact.' One of IMSA’s newest teams is no more, with O’Gara Motorsport having ceased operations in both the WeatherTech SportsCar Championship and Lamborghini Blancpain Super Trofeo North America series, effective immediately.

Multiple sources have confirmed that the Tom O’Gara-owned organization has pulled the plug on its motorsports programs, reportedly due to financial restructuring within O’Gara’s other business ventures.

02/11/16 Rumor has it that something big has gone down with O'Gara Motorsports Lambo GT team since the Rolex 24. Rumors say the entire team has shut down since the Rolex 24 because of some sort of dealership fraud (Tom O'Gara owns several luxury dealerships in Beverly Hills).

This team was building quickly going into this season. Lots of familiar names in racing and was set to be a huge program. Their website and Facebook sites are still up but with no recent updates. If the rumors are true, when a team shuts down this quickly it is never good.

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