Without Insurance, Race Car’s Theft May Mean End of Racing Team

A pickup truck and a trailer containing an expensive open-wheel race car have been stolen from the parking lot of an Oklahoma City motel, police said.

Eugene Nolen of Indianapolis said the $250,000 loss could mean the end of his racing team, which has participated in events across the country for 30 years.

“It may put me out of business, I don’t know,” Nolen, 65, said. “Insurance is way, way too high on race cars, so I don’t have it.”

The theft occurred late Feb. 16 or early Feb. 17 outside a Red Roof Inn along Interstate 40, police said.

The yellow race car with a number 20 on its side was used in the U.S. Auto Club’s Silver Crown Series. The trailer also contained a spare engine, spare parts, tools and an all-terrain vehicle.

Two race team members were hauling the trailer from Indiana to Arizona for a race when the theft occurred.

Information from: The Oklahoman, www.newsok.com

Topics Auto Fraud