Paul Weel Racing - Collapse and Re-birth

Collapse and Re-birth

In November 2007, it was announced that Kees and Paul Weel would close the team down, with the expansion of the PWR Performance company restricting their time to effectively run the team. As the 2008 season approached the threat of $150,000 fines, per race, for not entering a car with sales of the teams two franchises proving problematic, the team announced a deal to run former Fujitsu V8 Supercars Series front runner Andrew Thompson for the 2008 season in one of the teams VE Commodores, while the second franchise was moved and acquired by Ford Rising Stars Racing.

It was announced that the 2008 season would be the last for the team and the franchise had been sold to another team for 2009, bringing to an end eleven years of competition.

2008 PWR announced the team cars and equipment, HQ were for sale, 4 VZ Commodore 2 VE's, Paul Weel Bathurst damaged car was scrapped, So P Dumbrell / A Thomson car VE011 was ready to be sold. 1 complete VZ the Ex J Bright 047 car was also ready to be sold, 041, 042, 046 awaited rebuild, engine and gearboxes 047 chassis car was sold to Holden Racing (UK) Ltd and remains in the UK. The other cars have remained in Australia. Kees and Paul Weel have remained in motor sport albeit, off-road competition.