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Precision Performance Motorsports shuts down XFINITY team

After three years of existence and 18 races later, Richard Gdovic, owner of Precision Performance Motorsports has decided to close the doors on an XFINITY Series entry.

Heading into the 2017 season, Gdovic had set out to run the entire 33-race schedule, kicking it off with a 22nd-place finish at Daytona with Anthony Kumpen. Quin Houff recorded a pair of top-15 finishes at Bristol Motor Speedway (15th) and Iowa Speedway (12th) before Parker Kligerman picked up the organization's lone top-10 finish in its existence at Road America in August. The team competed in just 10 races last year, failing to qualify at Kentucky Speedway and the season finale at Homestead-Miami Speedway.

Gdovic confirmed to Frontstretch that over the off-season the team is moving in a different direction with son, Brandon Gdovic.

"We have shut down the XFINITY program and have sold about half of our cars and related parts and equipment to date," Gdovic said. "We enjoyed our time in NASCAR, he [Brandon] has presented me with a business plan for Sports Cars that makes more sense financially and also supports his passion for sports cars and representing Lamborghini."

--- Frontstretch ---