The Winona WCM Grand Prix has pledged to fight on after their main sponsor for 2007 failed to deliver funding in time for the team's planned launch at next weekend's British Grand Prix.
The funding problems for Winona WCM started at the end of 2006 when the team's main sponsor switched its budget to the World Rally
Championship, leaving the British outfit with just a few weeks to find new backers.
The situation appeared to be resolved when a new fashion brand signed up to sponsor the team in February 2007, with the bulk of funding due to arrive in April and May in time for a launch at the team's home race at Donington
Park. However the major payments never arrived and the resulting legal dispute shows no signs of being resolved.
"Over the last 15 years we have enjoyed putting a lot of effort behind the grand prix careers of young British riders like Neil Hodgson, James Haydon, Chris Burns and James Ellison," said racing director Peter Clifford. "We want to continue doing that and see this setback as just another challenge to overcome."
The team had planned to pay tribute to Bob McIntyre's British GP win in 1957 by running a replica colour scheme from that famous TT victory.
"Winning a motorcycle grand prix is a huge achievement that should rank alongside other great sporting feats like winning Wimbledon or the British Open Golf. But somehow this has been forgotten in the UK," stated commercial director Andy Hyde. "The great example of past heroes like Bob Mac, who ultimately gave his life in the pursuit of our sport, is a timely reminder of the meaning of our sport."