As many of you would know by now, FPR have ripped up their contract with Team Kiwi Racing. The rumour is TKR have been unable to meet their financial obligations with FPR, which owns and prepares the #021 Falcon.



The ripple-on effect is that Paul Radisich has walked away from the team, quoted by Fox Sport as saying "TKR is in breach of contract and I have therefore terminated my contract with immediate effect".

With the Eastern Creek round of the V8 Supercar series starting in just a couple of days time, it seems the most likely scenario is that TKR will seek to lease their licence to a development series team. If they can't make it to Eastern Creek with a car, they face the additional burden of fines from TEGA, which requires licence holders to attend all rounds of the series.

For more information, check out the NewsTalk ZB web site, and in particular the interview with Aaron Noonan (browse to http://www.newstalkzb.co.nz/audio2/05165323.wma) from MNews.

Photos courtesy of Ford Media.

Labels: V8 Supercars