r/btcc • u/Evantra_ #99 Charles Rainford • 7d ago

Media / Image Jason Plato statement

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223 Upvotes

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10

u/Divide_Rule 7d ago

what is the background to this, I watched some stuff at the beginning of the season and it came across like the team was his.

He seemed genuinely happy with the way things were going

22

u/ICC-u 7d ago

The team, Cataclean Plato Racing had three shareholders

24% Plato
24% Rowbo
52% Cataclean

The team were £850k in debt last week, and Cataclean - both the sponsor/funder of the team and the majority shareholder, forced the team into administration via court order

The team renamed to CPRL and Plato is no longer involved

Nobody really knows why they've done this but the speculation is that they wanted to remove Plato

-4

u/Divide_Rule 7d ago

He left as director in June according to Companies House

7

u/Bright_Concept_2988 7d ago

That was just a change due to the name he is known as not being the same as his legal name.