In its 50th year of operation, the legendary Bob Bondurant School of High Performance Driving Inc. has filed for Chapter 11 bankruptcy, the school announced on its web page (Bondurant.com).
Also known as the Bondurant Racing School, it was opened in 1968 at Orange County International Raceway in California, moved to nearby Ontario Motor Speedway in 1970, relocated to Sears Point International Raceway (now Sonoma Raceway) in 1973 and moved to its current location south of Phoenix, Arizona in 1990.
It is the largest purpose-built driving school in the world. Facilities include a 15-turn, 1.6-mile road course, an eight-acre asphalt pad for various training exercises, and has a fleet of over 200 race cars, sedans, go-karts and open-wheel cars.
Started by former race car driver Bob Bondurant, the school teaches competition driving, police pursuit driving, evasive driving, stunt driving and other courses. It has trained thousands of race car drivers, law enforcement personnel and private citizen drivers.
School officials filed for Chapter 11 protection in U.S. Bankruptcy Court for the District of Arizona on October 2. Located in Chandler, Arizona, the school is adjacent to Wild Horse Motorsports Park (formerly Firebird International Raceway).
School founder Bob Bondurant is pictured in the following tweet.
The school issued a statement that included the following:
“We will continue operating and serving our students and corporate groups as usual while we develop new business relationships to ensure the vitality of the Company in the future.
“For over 50 years, Bob Bondurant School of High Performance Driving has been a fixture in Arizona and renowned nationally and internationally in the world of racing, thanks to our loyal students, dedicated employees and the Gila River Indian Community (the school is located on the Gila River Indian Community reservation).
“The Chapter 11 ensures we will have sufficient time to reorganize and position the Company for sustained success. Our plan is to emerge from this process as a stronger company and continue to drive this Company in the next 50 years.”