Gore backs out of V8 Supercars to focus on Champ Car

WPS/WOW Racing team owner Craig Gore has announced that his team has withdrawn from the V8 Supercar Championship Series because of personal business and health commitments.

The Gold Coast-based businessman has sold his two Team License Agreements to undisclosed parties with the blessing of the Touring Car Entrants Group of Australia (TEGA) and the team’s cars and equipment are to be sold separately.

Gore will remain involved in V8 Supercars, with his financial services group Wright Patton Shakespeare continuing as naming-rights sponsor of the WPS Chrysler V8 Supercar Safety Car program for the next five years.

Gore also remains committed to his Team Australia motorsport program and driver Will Power in the Champ Car World Series (soon to merge with the Indy Racing League) in the United States, where Team Australia is backed by Gore’s Australian wine export company Aussie Vineyards and its Au brand. Gore also has significant involvement in the Gold Coast Indy 300 event each October as an event sponsor.