HVM Status GP has elected to withdraw its entry from the 2013 FIA World Endurance Championship.

The team’s Lola-Judd B12/80 LMP2 entry and team are in place and ready to compete, but the final budget raised by the combined efforts of the team and potential drivers was not sufficient to race competitively for a full season.

HVM Status GP is actively pursuing opportunities to create a revised programme with the Lola Coupe in an ACO-licensed series in 2013 to sustain its involvement in sports prototype racing at international level this year and beyond.

The team would like to thank all its technical partners and the FIA WEC organisers for their support to date.

Source : HVM-Status