IMSA: O’Gara Motorsports reorganization under way

O'Gara Motorsports is in the midst of a financial reorganization that could secure its long-term participation in IMSA's WeatherTech SportsCar Championship.

The team has been facing significant business-related issues following the program's recent debut at the Rolex 24 At Daytona, and left unresolved, those funding problems could have hindered its continued presence in IMSA's GT Daytona category.

In a development late Wednesday night, RACER has learned ongoing efforts between team owner Tom O'Gara and the drivers of the No. 11 O'Gara Motorsports Lamborghini Huracán GT3 have resulted in the confirmation of the car's entry at the Mobil 1 Twelve Hours of Sebring.

"We are going to Sebring and intend to continue," O'Gara team manager Shane Seneviratne told RACER.

Among the reasons for the unexpected need to address financial concerns, O'Gara's Beverly Hills Lamborghini dealership is said to be under financial scrutiny from the Italian auto manufacturer, and at least one sponsor on the No. 11 car is known to have defaulted, adding to the program's budgetary woes.

O'Gara Motorsports' existing IMSA Lamborghini Super Trofeo Cup program, which is separate from its WeatherTech Championship operation, is not affected by the financial restructuring taking place within the GTD effort.

O'Gara's team made its IMSA debut in 2015 in the Lamborghini series, and graduated to the top WeatherTech Championship this year with defending GTD champions Townsend Bell and Bill Sweedler.

The No. 11 Lamborghini placed 14th in class and 30th overall at Daytona with Edoardo Piscopo and Richard Antinucci joining Bell and Sweedler.