Team founder Jim Glickenhaus has revealed to Autosport that he does not intend to file an entry for next year’s championship ahead of the closing date on 20 November.
The news follows the team’s decision to again skip the Asian leg of the WEC made up of Fuji in September and Bahrain in November with the Glickenhaus-Pipo 007 entered for the full season.
Glickenhaus suggested after the team was absent from the Fuji entry list that it would only continue in the series if sponsorship was found for a 2024 campaign.
Finding the necessary sponsorship isn’t realistic, as Glickenhaus told Autosport: “No, we won’t be entering - it doesn’t make sense for us.
“To be competitive we’d need to do an evo version of the car and to run two of them.
“That’s not viable for a privateer: the only way we could do it would be with sponsorship or if a customer wanted to run a programme with our car.”
He also pointed out that the priority for his Scuderia Cameron Glickenhaus company was now making road-going vehicles, including the 004 sportscar based on its Nurburgring 24 Hours racer.
“We have a certain capacity and we have sales up to that amount, but even if we could build more, racing in the WEC isn’t going to help us sell them.
“For our little company competing in the WEC just doesn’t make sense.”
Source: Autosport