The Danish Automobile Sports Union has announced the creation of a memorial foundation for Allan Simonsen following his death in last weekend's Le Mans 24 Hours.

The Aston Martin Racing man lost his life in an accident in the early stages of the race, with his Vantage GTE crashing heavily into the barriers at Tertre Rouge.

Following numerous requests from fans in both Denmark and abroad, the DASU has announced that it will now create a foundation in Simonsen's memory, with any funds raised going to his surviving fianc?e, Carina Lundbye Hansen, and their one-year-old daughter Mie-Mai Lundbye Simonsen.

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Donations can be made until 31 December 2013 and will be handed over in a ceremony in Copenhagen on 22 January 2014.

"It is with great honour that DASU supports the memory of Allan Simonsen," the DASU board of directors said in a statement. "We have closely followed his career all the way back from the karting years and we are convinced that Allan had the talent to even greater successes. We therefore have put great emphasis in establishing his memorial foundation."

Jan Struve - owner of the Young Driver Team that was running Simonsen's car - welcomed the move and said reaction to the news of his passing was an indication of the respect there was for the 34-year-old.

"In these difficult times, I am very pleased that we are able - through the memorial foundation - to support Allan's surviving fianc?e and child," he said. "The great number of condolences that we have received from all over the world clearly shows the great respect and recognition for Allan both as a race driver and an individual."

Donations to the Allan Simonsen memorial foundation can be made on the following account number in the Danish bank, Jyske Bank A/S:

IBAN DK1350780001117416, SWIFT (BIC-address): JYBADKKK.