American driver Conor Daly loses GP2 ride with Venezuela GP Lazarus

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A lack of funding has put American GP2 driver Conor Daly on the sidelines ahead of this weekend’s race at Monza.

Daly confirmed the tough news via his Twitter account earlier today:

He has since added additional comments in a release: “I’m naturally disappointed but thankful for the opportunity that Venezuela GP Lazarus provided me this season. Lazarus is a great team of people who race because of their love of the sport and I wish them every success in the future.”

“Europe for the past four years has been a an invaluable experience for me. It was a sacrifice well worth making because I know today that I am a better driver because of it. I’m ready for my future, whatever it may be.”

After finishing third in the GP3 championship last season, Daly moved up to GP2 for 2014 with Venezuela GP Lazarus. His best finish has been a seventh in Race 2 at the Hungaroring in July.

Daly’s dropping makes him the second American to leave the GP2 grid this season. In July, Alexander Rossi left Caterham, where he served as not only a reserve for its F1 side but also as a race driver for its GP2 squad.

As for where Daly goes from here, the release made note of his recent appearance at last weekend’s Verizon IndyCar Series championship finale at Auto Club Speedway.

On that subject, Daly says: “I want to be a professional race car driver and be in a position to take advantage of any opportunity that might come my way.”

Daly made his IndyCar debut in the 2013 Indianapolis 500 for A.J. Foyt Racing.

Audi bids farewell to Dr. Wolfgang Ullrich upon retirement

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Audi bid farewell to its iconic head of motorsport, Dr. Wolfgang Ullrich, at its end-of-season ‘Race Night’ event in Germany on Friday upon his retirement.

Ullrich took over the reins as Audi’s head of motorsport in 1993 and stayed in the role for 23 years, overseeing its arrival in the prototype class of sports car racing and domination of the 24 Hours of Le Mans.

Ullrich stepped down from the position at the end of 2016, handing the reins over to ex-Audi DTM chief Dieter Gass, and attended his final racing event with the German marque at its first works Formula E outing in Hong Kong earlier this month.

Ullrich was honored at the Race Night event on Friday and thanked for his efforts in developing Audi into a force within global motorsport.

“In 566 factory-backed commitments during this period he celebrated 209 victories, 13 of them in the 24 Hours of Le Mans, eleven in the 12-hour race at Sebring and nine in the ‘Petit Le Mans’ at Road Atlanta,” a piece on Ullrich’s tenure for Audi’s website reads.

“31 driver titles in super touring car racing, in the DTM and in the sports prototype category are credited to him. 57 campaigners were Audi factory drivers during Wolfgang Ullrich’s era and he was responsible for 18 new developments of racing cars – an impressive tally.”