Peugeot announces exit from Le Mans
Pug parks its diesel and pulls out of the 2012 Le Mans race
Posted: 20 Jan 2012
It's a miserable day for motorsport - Peugeot's announced that it'll end its endurance racing program, sidestepping this year's wondrous Le Mans 24 hour race for financial reasons.
In a statement issued on Wednesday, Peugeot said: "This decision has been taken in the context of a difficult economic environment in Europe. Peugeot has chosen to concentrate resources on its sales performance in 2012."