Post by Kyle on Jan 12, 2008 23:26:25 GMT -5
Morgan-McClure Motorsports essentially closed its doors Friday, laying off a majority of its employees and further damaging any slim hopes the last Virginia-based Sprint Cup team has of competing in its 26th season. Tim Morgan, President of Morgan-McClure Motorsports announced today [Friday] at 3:00 PM that, "We are basically closing the doors on 25 years of NASCAR racing. We have been searching for sponsorship for months and decided that if nothing materialized, we would have to cancel testing and release most of our employees." Morgan continues, "We will continue our marketing efforts and still try to put something together but we cannot continue the way we are today."
Larry McClure, Team Manager said, "We will continue to search for sponsorship and if something becomes available, we have the cars ready to go to Daytona. This is a very hard day for me. I've had a lot of fun racing and it's just hard to believe it has come to this. I would like to say thanks to all our fans who have remained loyal through all these years. And to thank everyone who has ever supported us in any way, whether it be through this race team or our dealerships."
Larry McClure, Team Manager said, "We will continue to search for sponsorship and if something becomes available, we have the cars ready to go to Daytona. This is a very hard day for me. I've had a lot of fun racing and it's just hard to believe it has come to this. I would like to say thanks to all our fans who have remained loyal through all these years. And to thank everyone who has ever supported us in any way, whether it be through this race team or our dealerships."