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PERFORMANCE MOTORSPORT
Announces
George Ioannou has been released
effective immediately.


February 2, 2005 – NEW YORK – Performance Motorsport must state that they have released George Ioannou and Mike Sylvestri from any and all duties for the 2005 season. “Details regarding the reasons for their release will not be made public, however I will say that patterns in the team’s dynamic required this approach,” states President Gary Rubio.

Vinny Ten has been appointed crew chief and team manager for the organization and at his side where he has been for the last 7 years will be clutch man Frank Piccone. Team Performance Motorsport is determined as ever to make its mark on the Pro Divisions this year.

“All of the hard work that Vinny, Frank, Dan, Andrew and I did over the winter is paying off as we build on our successes achieved thus far, we would not be here with out my teams dedication and work ethic. We have put an unfortunate chapter behind us and are moving forward as planned with testing of the Pro-Street Tire and Pro-RWD Nissan 350Zs this month,” proclaims Rubio.

The entire team asks fans to follow along as we embark on a journey of discovery and excitement, embracing the new opportunities ahead. To all of our supporters we welcome the chance to see you at our shop, on the web, and as our guest trackside throughout the 2005 NHRA and NDRA seasons. For additional information on our upcoming event schedule as well as updates from our testing sessions go to www.TheExperience.com .

Performance Motorsport, Inc. is a progressive thinking racing organization on the cutting edge of the import re-styling and import performance tuning industries. Performance Motorsport is a professional drag racing company, as well as an import entertainment organization that operates a tuning center catering to the automotive enthusiast in association with Westbury Nissan.
 

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Thanks for the latest information, Dan.
:shiftdrive:
 

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Thanks for the info. George and Mike are supposed to be making custom 350Z parts now aren't they?
 

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That wouldnt surprise me if they decide to "release the technology" they gathered while working together with Performance motorsports, and turn a profit for themselves. After all it all is in the interest of business and personal interests in this sport. My personal opinion is when you have that many big names working together, there is bound to be a clash of egos sooner or later.
 
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