GAINSCO/Bob Stallings Racing Suspends Operations

GAINSCO

Following the accident in which driver Memo Gidley suffered severe injuries during this year’s Rolex 24 At Daytona, GAINSCO/Bob Stallings Racing has elected to suspend operations for the balance of the 2014 season. (Photo: Getty Images)

DALLAS – Following the accident in which driver Memo Gidley suffered severe injuries during this year’s Rolex 24 At Daytona, GAINSCO/Bob Stallings Racing has elected to suspend operations for the balance of the 2014 season.

"It is with great regret," team owner Bob Stallings said in a statement released Monday.  "Since Daytona, Priority 1 for us has been Memo’s recovery.  Everyone on the team has been focused on his care and comfort, and it's meant the world to see such support from the fans and the racing community.  Even though Memo has a long road ahead, the worst is behind him.  It's allowed us to step back and take a look at the program at large.  With both the personal and economic strain this has put on us, we feel it’s in the best interests of everyone to sit out this year with a firm focus on a return in 2015."

With the strain of Gidley’s recovery, combined with the destruction of the team’s primary Corvette Daytona Prototype and the financial requirements necessary to continue racing, the organization feels that it's best to simply sit the year out.  Drivers Jon Fogarty and Alex Gurney, and their crew have been released for opportunities available with other teams.

While the organization’s famed No. 99 "Red Dragon" will be absent from competition this year, Stallings believes these developments will position the team to focus efforts on 2015 and a return to the TUDOR United SportsCar Championship.

Monday's statement concluded by emphasizing that GAINSCO/Bob Stallings Racing, as well as Stallings personally, will continue to look after the recovery of Gidley.

Related Topics:

TUDOR United SportsCar

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