BAM! - ownership change
BAM! (British American Motorsport), based in Stuart, Fla., is being
restructured to be a single-owner team. Tim Munday of Jupiter, Fla. will assume sole
ownership of the team by buying the 50-per-cent share of BAM!'s founding
co-owner, Peter Baron of Deerfield Beach, Fla. The partners hope to complete the
transition by Aug. 1.
Munday remains BAM! technical and race director, and he will now assume
responsibility for the team's business operations, as well. BAM! will maintain its
close relationships with Porsche Motorsport North America and Michelin.
BAM! will continue to compete in every race of the American Le Mans Series,
fielding the No. 43 YES Network Porsche 911 GT3 RSR for Leo Hindery, Jr. of New
York and for Porsche factory drivers Lucas Luhr of Monaco; Sascha Maassen of
Raeren, Belgium and Mike Rockenfeller of Neuwied, Germany, who will
alternately drive with Hindery in the six remaining races of the season.
BAM!'s next race will be at Infineon (Sears Point) Raceway in Sonoma, Calif.
on July 18.
Peter Baron:
"There's a reason a ship has only one captain. Tim and I had a difference of
opinion on how BAM! should go forward, and when we couldn't agree on a common
vision, it felt best for both of us to split the partnership. I'm proud of my
contributions toward making BAM! one of the premier GT teams in the ALMS and
in helping lay the strong foundation that Tim and the team can build on for
future success. And I will always cherish my seven years racing with Leo -- after
all, we share tattoos!"
[Hindery and Baron got matching tattoos after their second-place finish in
the 2003 24 Heures du Mans]
Tim Munday:
"I will miss my friend Peter Baron, and I wish we could have resolved our
differences. Thanks in no small part to Peter's support, BAM! has had remarkable
success in its first nine months of operation, including a magical run at the
2004 24 Hours of Le Mans, and I am confident about our prospects going
forward."
Leo Hindery, Jr.:
"Back in 1998 when I stopped racing NASCAR, Peter Baron first taught me the
phrase '10/10ths' and then he taught me how to turn right. He also taught me
the worth of friendship, and I will greatly miss my tattoo-mate. Tim Munday and
I will now have to convince one of our young Porsche factory drivers that
tattoos make you cool."
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Sylvia Proudfoot
spur07@cs.com
403 287 3945