The IP Tech Race Engineering team are not at Croft this weekend, after delaying their British Touring Car Championship debut again.
Andy Neate was due to race the team’s new Next Generation Touring Car Chevrolet Cruze in North Yorkshire, after withdrawing from the Oulton Park meeting at the 11th hour.
But further issues with the new car have now prevented this from happening.
A statement on the team’s website said “We are hugely disappointed to bring the news that the IP Tech Race Engineering Chevrolet Cruze will not be making its much anticipated debut at Croft this weekend.
“In the final stages of developing what will undoubtedly be a very competitive package, we met a series of technical issues in the run up to the previous round at Oulton Park, which have required further investment to remedy.
“Sadly, it has not been possible to put that investment in place in the two-week gap between races, which in turn will prevent the team from showcasing the true potential of the car. This is in no way a reflection of the work being carried out by the highly experienced team of people at IP Tech, but simply one of timing and financial limitations.
“It is no secret that considerable financial backing is required to establish an engineering business of this nature and with the intentions of the team being to compete at the very highest level in the near future, compromising on any element of the build and development of the car has not been an option for those involved.
“We offer our sincerest apologies to those excited about our first appearance on track this weekend and thank you all for your continued support and enthusiasm for our project.”