Forsythe Championship Racing, founded by Gerry Forsythe in 1995 have announced that they will close down after the Long Beach Grand Prix, having failed to secure funding to join the merged IRL IndyCar Series.
Forsythe's VP of Operations Neil Micklewright declared "Forsythe Racing, the parent company of FCR, will participate in the Toyota Grand Prix of Long Beach, the Champ Car finale, with drivers to be announced but will close down its racing operations after."
What will happen to Paul Tracy remains unclear at this point.
The team struggled to attract sponsorship to replace long-time backer Player's after anti-tobacco advertising legislation forced the company to pull out before the 2004 season.
Forsythe's VP of Operations Neil Micklewright declared "Forsythe Racing, the parent company of FCR, will participate in the Toyota Grand Prix of Long Beach, the Champ Car finale, with drivers to be announced but will close down its racing operations after."
What will happen to Paul Tracy remains unclear at this point.
The team struggled to attract sponsorship to replace long-time backer Player's after anti-tobacco advertising legislation forced the company to pull out before the 2004 season.