zzdcar
Home
/
Reviews
/
Racing
/
The Bob Bondurant Racing School Is Back Open After Filing for Bankruptcy and Abruptly Closing
The Bob Bondurant Racing School Is Back Open After Filing for Bankruptcy and Abruptly Closing-August 2024
2024-02-19 EST 22:11:12

The Bob Bondurant School of High Performance Driving, which became the official racing school for and its performance line three years ago, said this week that it’s open and holding driving classes after in October and .

The school didn’t announce, verbatim, that it was back open, only that there’s a new person leading the operation, Timothy H. Shaffer with Clotho Corporate Recovery out of Arizona, where the school is based, as it works through the bankruptcy proceedings. Shaffer will be the chief restructuring officer as the school tries to turn around its business that owes between $1 million and $10 million to creditors, while owners Pat and Bob Bondurant act as consultants.

Shaffer recognized the reported closure from earlier this month in a phone conversation with the , calling it a “disruption in service.” He said the school was closed for “five days or so” before it reopened last week, and that it’s working to reschedule the classes it had planned during that time period.

Here’s more from the conversation, via the Drive:

Shaffer also noted that they’re honoring all deposits made on Bondurant programs to the extent that the courts will allow—just to be careful—and will make additional requests to honor deposits with the court if need be to ensure that customers are taken care of.

While your favorite instructor may not still be there, Shaffer noted that they are restaffing where they can. He said that the school is back to running its full schedule. He’s also looking for investors who might be interested in the school’s continued success.

The Bondurant school in Arizona on Oct. 2, 50 years after former Le Mans racer Bob Bondurant started it . It became the official Dodge and SRT school in 2015, according to , and buyers and lessees of new SRT vehicles have gotten one-day driving experiences along with their car purchase for the past couple of years.

The initial document in the bankruptcy filing is simple and full of estimated checkboxes, and the Bondurant filing had boxes checked for owing roughly 50 to 99 creditors between $1 million and $10 million.

After the filing, the school to say it would stay open while “develop[ing] new business relationships to ensure the vitality of the Company in the future.” It temporarily closed about a month later.

“The Chapter 11 ensures we will have sufficient time to reorganize and position the Company for sustained success,” the post from before the closure said. “Our plan is to emerge from this process as a stronger company and continue to drive this Company into the next 50 years.”

There was already a bit of a pause in that plan, but things are back up and running, for now, even if the school is far from out of the bankruptcy hole.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Racing
Scott Dixon Deserves More Credit
Scott Dixon Deserves More Credit
This weekend in qualifying for the Indianapolis 500, Scott Dixon again proved why he’s among the most incredible racers in the world. Saturday morning he went out first and set the fastest four-lap run of the field, grabbing him a spot in the Fast Nine shootout on Sunday. When...
Aug 5, 2026
The Best Formula One Team On The Planet Still Can't Figure Out How To Remove A Stuck Wheel Nut [Update: It's Off!]
The Best Formula One Team On The Planet Still Can't Figure Out How To Remove A Stuck Wheel Nut [Update: It's Off!]
Four days since the Monaco Grand Prix when Valtteri Bottas’s Mercedes was retired from the race due to a stuck right-front wheel nut, the team has finally shared a video of the tire being removed from the car. Mercedes has showing a mechanic using what almost looks like a...
Aug 5, 2026
Lamborghini Just Made Its Lamborghini-Only Racing Series Faster
Lamborghini Just Made Its Lamborghini-Only Racing Series Faster
One-make series Lamborghini Super Trofeo has been facilitating its extremely wealthy clientele to call themselves “race car drivers” at bars around the world for thirteen years now. Much like Ferrari Challenge, the only people who really care about the series are racing in it. The Huracan Super Trofeo was...
Aug 5, 2026
This Is What Dodge Vipers Are For
This Is What Dodge Vipers Are For
What is a ? Is it an idea — a reinvented Shelby Cobra, an American TVR, a spectacle in horsepower too imposing to drive — or is it a car? Is it meant to sit in a garage like a trophy? No. It is meant to be driven as fast...
Aug 5, 2026
Formula 1 Shouldn't Delete A Pole Sitter's Lap For Crashing But It's Considering It Anyway
Formula 1 Shouldn't Delete A Pole Sitter's Lap For Crashing But It's Considering It Anyway
Charles Leclerc set pole in before crashing and ultimately removing his Ferrari from contention before the start of the race, immediately sparking a debate that rears its head once every few years in Formula 1: Should a driver’s qualifying laps stand if they’ve caused an incident that effectively prevents...
Aug 5, 2026
There's No Better Wagon Than A Throwback Race Wagon
There's No Better Wagon Than A Throwback Race Wagon
Twenty-five years ago the JACCS Honda Accord was kicking all kinds of ass in the JTCC and JGTC GT300 classes. Over here in the U.S. wheel company Fifteen52 was just finding its way in the market, growing with the import tuner scene. When Honda Performance Development offered to co-develop...
Aug 5, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved