‘Not at any point did I have a direct or indirect role in funding allocation. My involvement was to provide funds, which were the shortfall to the team after sponsor contributions. I meet and will continue to meet these requirements. Derrick Walker has been offered a resolution to all outstandings, none of which are acceptable to him.
‘The heads of agreement which we [Walker and Gore] operated under for three years were deemed by Derrick Walker as unacceptable and unworkable in January of this year. Given this, and the uncertain future direction of the sport at that time, I meet with Derrick Walker in late January in Los Angeles to discuss the future of both and it was agreed both the series and GFW could not continue as it was. There was no confusion. Either we effected change or we closed the doors.
‘There needed to be change. I subsequently meet with Kevin Kalkhoven and Gerry Forsythe in Las Vegas and in accordance with my agreement with Derrick, explained to both men in no uncertain terms our lack of desire to continue in the series as it was. There needed to be change; significant change for GFW to continue to operate and/or participate in the CCWS. There were many topics discussed at this meeting, including my further involvement in the series independently as a team owner.
‘At the conclusion of this meeting I met again the following day with Kevin Kalkhoven for several hours to discuss the future of the sport and that of CCWS. At the conclusion of that meeting I telephoned Derrick Walker and told him to cease all expenditure on the programme. I provided Derrick Walker with many opportunities during the next month or so to walk from both GFW and CCWS. It was my understanding after meeting Kevin Kalkhoven that there was change afoot and from that point on we should seriously consider all our options moving forward.