ALMS
BAM! announces ownership change in ALMS
BAM! (British American Motorsport), based in Stuart, Fla., is being restructured to be a single-owner team. Tim Munday of Jupiter, Fla. will assume sole ownership of the team by buying the 50-per-cent share of BAM!'s founding co-owner, Peter Baron ...
Published: Jul 10, 2004, 6:24 PM
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BAM! (British American Motorsport), based in Stuart, Fla., is being restructured to be a single-owner team. Tim Munday of Jupiter, Fla. will assume sole ownership of the team by buying the 50-per-cent share of BAM!'s founding co-owner, Peter Baron of Deerfield Beach, Fla. The partners hope to complete the transition by Aug. 1.
Munday remains BAM! technical and race director, and he will now assume responsibility for the team's business operations, as well. BAM! will maintain its close relationships with Porsche Motorsport North America and Michelin.
BAM! will continue to compete in every race of the American Le Mans Series, fielding the No. 43 YES Network Porsche 911 GT3 RSR for Leo Hindery, Jr. of New York and for Porsche factory drivers Lucas Luhr of Monaco; Sascha Maassen of Raeren, Belgium and Mike Rockenfeller of Neuwied, Germany, who will alternately drive with Hindery in the six remaining races of the season.
BAM!'s next race will be at Infineon (Sears Point) Raceway in Sonoma, Calif. on July 18.
Peter Baron:
"There's a reason a ship has only one captain. Tim and I had a difference of opinion on how BAM! should go forward, and when we couldn't agree on a common vision, it felt best for both of us to split the partnership. I'm proud of my contributions toward making BAM! one of the premier GT teams in the ALMS and in helping lay the strong foundation that Tim and the team can build on for future success. And I will always cherish my seven years racing with Leo -- after all, we share tattoos!"
[Hindery and Baron got matching tattoos after their second-place finish in the 2003 24 Heures du Mans]
Tim Munday:
"I will miss my friend Peter Baron, and I wish we could have resolved our differences. Thanks in no small part to Peter's support, BAM! has had remarkable success in its first nine months of operation, including a magical run at the 2004 24 Hours of Le Mans, and I am confident about our prospects going forward."
Leo Hindery, Jr.:
"Back in 1998 when I stopped racing NASCAR, Peter Baron first taught me the phrase '10/10ths' and then he taught me how to turn right. He also taught me the worth of friendship, and I will greatly miss my tattoo-mate. Tim Munday and I will now have to convince one of our young Porsche factory drivers that tattoos make you cool."
-bam/sp-
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