MDK Remains Committed to Multi-Series
Growth
PATASKALA, Ohio, June 28,
2024 /PRNewswire/ -- MDK Motorsports announces
its decision to end team participation in the IMSA-sanctioned
Porsche Carrera Cup North America series for the remainder of the
2024 racing season, while standing atop the current Porsche Carrera
Cup team standings. This business decision comes on the heels of a
recent ruling disallowing MDK team sponsorship by the OnlyFans
social platform, which would have enabled the drivers and Team to
provide behind-the-scenes footage from the races themselves, and
introduce a whole new audience to motorsport racing, resulting in a
significant loss of sponsorship revenue for the team.
"While we respect the decision, the disallowment of a major
sponsor led us to this, as all season contracts were priced with
the sponsorship included. After learning at Sebring that one of our major sponsors would
not be approved, we spent the first half of the season looking for
another partner while the Team supplemented the difference.
Although we are disappointed to withdraw from Porsche Carrera Cup
without completing the season, we're grateful for our driver family
and our partners at Porsche and IMSA, and look forward to future
collaborations on and off-track," said Megan Kvamme, CEO, MDK Motorsports.
"Motorsports is one of the fastest-growing sports not only in
the US but across the globe. We were thrilled to partner with
OnlyFans during their rebranding effort as an effective and modern
platform to showcase our incredible driver athletes and foster
genuine public engagement," Kvamme concluded.
MDK is dedicated to continuing to provide world-class services
and will move ahead with their racing activities to finish the 2024
season strong with IMSA LMP2, IMSA GTD, IMSA Ford Mustang Challenge
and USAC Porsche Sprint Challenge.
ABOUT MDK MOTORSPORTS
MDK Motorsports is a powerhouse
in motorsports racing across North
America, setting the bar high with stellar performance on
the track and unparalleled experiences for drivers and sponsors.
The MDK team competes in prestigious events such as the Porsche
Sprint Challenge North America by Yokohama, Porsche Carrera Cup North America,
Porsche Endurance Challenge North America, IMSA LMP2, IMSA GTD, and
now the Ford Mustang Challenge series. For more information about
MDK Motorsports, visit the team website and follow along via
social media on Facebook, Instagram, and X.
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SOURCE MDKMotorsports