Porsche out of LMP1
Porsche out of LMP1
07-28-2017, 11:23 AM
#2
Rennlist Member
This is just unreal! First Audi now Porsche. What the hell is going on! So... apparently VW is really hurting from the Emissions Scandal thus pulling out due to costs associated with the LMP1 Program and development. It makes ZERO SENSE.
WEC Statement on the departure of Porsche from LMP1:
Porsche, which recently confirmed its participation in the FIA LMP1-H World Endurance Championship as a manufacturer up to the end of the 2018 season, and which has been actively involved in the development of the technical regulations that will come into force in 2020, has just announced the withdrawal of its LMP1 hybrids from the end of the 2017 season.
The Automobile Club de l’Ouest, promoter of the WEC and organiser of the 24 Hours of Le Mans, regrets this precipitous departure, as it does the abruptness of the decision from one of endurance racing’s most successful and lauded manufacturers.
However, the ACO and the FIA, guardians of the existence and quality of the FIA World Endurance championship, have immediately set to work to put forward to everyone involved in endurance racing the outline of the 2018 season – a season which promises to be quite exceptional thanks to the introduction of new innovations.
Clearly, the reduction of costs and stability, but also inventiveness and audacity, will be vital in making it possible to stage an increasingly spectacular and attractive championship with the sport of endurance racing at the forefront.
This unprecedented 2018 World Championship will, without doubt, excite and enthuse competitors, partners and fans of endurance racing alike.
We look forward to seeing you in Mexico City on September 2 and 3 for the next WEC event when further information will be given.
WEC Statement on the departure of Porsche from LMP1:
Porsche, which recently confirmed its participation in the FIA LMP1-H World Endurance Championship as a manufacturer up to the end of the 2018 season, and which has been actively involved in the development of the technical regulations that will come into force in 2020, has just announced the withdrawal of its LMP1 hybrids from the end of the 2017 season.
The Automobile Club de l’Ouest, promoter of the WEC and organiser of the 24 Hours of Le Mans, regrets this precipitous departure, as it does the abruptness of the decision from one of endurance racing’s most successful and lauded manufacturers.
However, the ACO and the FIA, guardians of the existence and quality of the FIA World Endurance championship, have immediately set to work to put forward to everyone involved in endurance racing the outline of the 2018 season – a season which promises to be quite exceptional thanks to the introduction of new innovations.
Clearly, the reduction of costs and stability, but also inventiveness and audacity, will be vital in making it possible to stage an increasingly spectacular and attractive championship with the sport of endurance racing at the forefront.
This unprecedented 2018 World Championship will, without doubt, excite and enthuse competitors, partners and fans of endurance racing alike.
We look forward to seeing you in Mexico City on September 2 and 3 for the next WEC event when further information will be given.
07-28-2017, 01:54 PM
#3
Rennlist Member
Unfortunately Gbos1 it makes a lot of sense. The cost to payoff ratio is way too high and the top class cars were nearly beaten outright by an LMP2 this past year at Le Mans. The WEC and their rules for manufacturers in the LMP1 class are where the blame primarily lies. Here is an interesting read from John Dagys. His website is an excellent resource for the sportscar racing fan. There are currently many articles pertaining to this issue on the site right now. No affiliation.
http://sportscar365.com/lemans/wec/d...t-for-the-wec/
http://sportscar365.com/lemans/wec/d...t-for-the-wec/
07-28-2017, 02:13 PM
#4
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Seems to me that Fia might have to eat crow and change the rules for the hybrid systems in order to make the cars less expensive and keep some of these manufacturers in the
Game. Every few years they change the rules and consequentlythe price escalates upward and upward for all classes of racing , this is just absurd . When street cars are faster than race cars something is wrong !
Game. Every few years they change the rules and consequentlythe price escalates upward and upward for all classes of racing , this is just absurd . When street cars are faster than race cars something is wrong !
07-28-2017, 03:20 PM
#5
Rennlist Member
IMO this is the reason. Quote from Porsche PR:
"Porsche is investing one billion euro in the Mission E
Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche AG, stresses that a long-term currency hedging strategy and efficient organisation with a further optimised cost structure underpins the trend of positive results. However, he speculates that the extremely high result from the first half of the year may well be difficult to sustain in the future. Meschke: “We will only see a return on our sizeable investment for the development of Porsche's first purely electric sports car and the expansion of production at the Zuffenhausen site once the Mission E goes on sale at the end of the decade.” Porsche is investing one billion euro in the Mission E and is creating more than 1,200 new jobs. In addition, the sports car manufacturer is spending a sum in the several hundreds of millions of euro on future technologies and plug-in hybrid drives. “It’s massively challenging”, Meschke continues, “managing a significant sum of investment while sustaining our high level of return at the same time.”"
"Porsche is investing one billion euro in the Mission E
Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche AG, stresses that a long-term currency hedging strategy and efficient organisation with a further optimised cost structure underpins the trend of positive results. However, he speculates that the extremely high result from the first half of the year may well be difficult to sustain in the future. Meschke: “We will only see a return on our sizeable investment for the development of Porsche's first purely electric sports car and the expansion of production at the Zuffenhausen site once the Mission E goes on sale at the end of the decade.” Porsche is investing one billion euro in the Mission E and is creating more than 1,200 new jobs. In addition, the sports car manufacturer is spending a sum in the several hundreds of millions of euro on future technologies and plug-in hybrid drives. “It’s massively challenging”, Meschke continues, “managing a significant sum of investment while sustaining our high level of return at the same time.”"