Marc VDS Racing is to pull out of its four-wheeled commitments at the end of the 2015 season due to 'financial mismanagement' and a 'moral cost' which has seen team president Marc van der Straten lose passion in sportscar racing, but maintain its involvements in MotoGP and Moto2.

van der Straten says the decision was made after he became frustrated with sportscar racing and as a result the team will withdraw after the final race of the season in the European Le Mans Series at Estoril.

A month ago the team announced it planned to completely revise its racing strategies for 2016 and despite enjoying success in sportscar racing the team will not be returning next season. Marc VDS claimed the 2013 Pro Cup Team Champions title in the Blancpain Endurance Series, two podium finishes at the 24 Hours of Nurburgring and victory at this year's 24 Hours of Spa.

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A team statement announcing the news read: "The decision to cease car racing activities was made not because of the financial cost, but because of the moral cost to a team that no longer operates with the same principles that Marc van der Straten holds dear.

"For Marc van der Straten racing is about passion, competition, honour and professionalism. For car racing his passion has now gone, crushed by the deceit of those he thought shared his vision for the Marc VDS Racing Team, but who turned out to be thinking only of themselves."

van der Straten says he has lost trust and family spirit in the team and does not want to continue racing after being let down by unnamed key personnel.

"We must recognise that things have changed," van der Straten said. "Today my passion for racing is gone. I am 67-years-old and I do not have the time left to accept behaviour that disrespects the moral principles I hold.

"I am tired by the lack of professionalism of some of the people I, wrongly, placed in key positions within the team. I'm tired of those who have no other purpose but to financially jeopardise our business, even to the point of bankruptcy."

Despite his frustrations, Marc VDS will continue in both the MotoGP and Moto2 World Championships and recently announced Moto2 champion Esteve Rabat is to step up to the premier class with the Belgian squad for 2016.

"The Marc VDS Racing Team is not dead, quite the opposite in fact," van der Straten said. "The car is dead, long live the bike. Since the beginning of our adventure in the Moto2 World Championship six years ago we have had one World Champion and two Vice-World Champions. I have enjoyed these exceptional results, which were achieved by professional people for whom success is the only reward they require."

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there is rumbling going on in his bike racing world team also ! about mechanical setup pblems