The new set of guidelines of how IndyCar
would be more transparent in its decisions was implemented in time for the series visit to Iowa Speedway last weekend.
However, the row over technical inspections, transparency and "integrity" had led Mark Olson to try and organise a boycott of the Milwaukee event, although in the end only the O2 Racing Technology team actually pulled out and the event went ahead with the remaining entrants.
IndyCar took a very poor view of anyone trying to interrupt the running of a race weekend in progress, and found O2 Racing Technology to have been in violation of multiple rules as listed in the Indy Lights rulebook leading to the decision to eject the team from the 2011 and 2012 Indy Lights Series. Olson's own personal membership of the series was also rescinded until December 31, 2012.
"The mere act of attempting to impede the conduct of the event is something we will not tolerate," said Indy Lights executive director Roger Bailey. "We must maintain the integrity of our series."
Olson and O2 Racing Technology have the right of appeal, but given that their own investors have pulled the plug on their backing for the team for the time being it is seen as highly unlikely and rather pointless that they would seek to do so at the current time.
Olson said that the sponsors and investors had pulled out because of the "integrity issues (outside of our control) with the 2011 Indy Lights series championship," and that the backers had "decided to temporarily take a step back and to reconsider their participation. Unfortunately, this also impacts the teams' ability to participate.
"We're heartbroken over the knock-on effects that this situation has on our team members' families and on the careers of our drivers [Mikael Grenier and Peter Dempsey], but we're hopeful that confidence will be restored in the integrity of the Indy Lights championship in a timely manner and that our partners will be encouraged to resume their participation."