A Droitwich-based motorsport team has had to pull out of the national championships due to funding issues.
Team Dynamics has announced it is to take a hiatus as a fully-fledged entry in the British Touring Car Championship 2023 season.
Matt Neal, owner of the team which works out of Berry Hill Industrial Estate, said the decision was made after they were unable to secure the necessary commercial partnerships.
“This has been an extremely difficult decision for us to make as a business,” he said.
“Unfortunately, with the current economic climate, we have not been able to secure the commercial partnerships we required to commit to the forthcoming BTCC season.
“I’ve been in the BTCC all my life and it has presented us with many fantastic opportunities and memories, so I’m extremely disappointed that we will not be directly involved and saddened for our dedicated employees, partners, fans and supporters.”
Having been at the forefront in making Honda one of the most decorated marques in BTCC history, the team is still looking to play its part in that ongoing success story.
Team Dynamics will still have some part to play in this season’s championship, with a support agreement with One Motorsport.
Alongside helping One, the squad will continue building their own business as well as running customer vehicles in various events in the UK and around the world.
Mr Neal added: “We still want to keep the Honda brand at the forefront of racing and ultimately winning races.
“Under our tenure, the car marque became one of the most successful manufacturers in the championship, second only to Ford in just half as many years.
“So, we aim to put to good use our resources and developments made over the winter by supporting One Motorsport in 2023 and helping them to win races and challenge for the Drivers’ and Teams’ Championships.”
Mr Neal had reassured fans that this certainly doesn’t mean the end for Team Dynamics, with plans to be back on the grid in the future.
“We would like to thank everyone involved in the BTCC, especially Alan Gow, who has supported us over the years,” concluded Mr Neal added.
“We wish all the teams and drivers, particularly One Motorsport with Neil Brown Engineering, the best of luck for the forthcoming season.
“We hope to actively be back in the BTCC in the future.”
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