Lucas Dumbrell Motorsport has confirmed it will expand from one to two cars for the 2015 V8 Supercars Championship.
LDM previously ran two cars in the 2013 season, but handed back one of its Racing Entitlements Contracts to V8 Supercars at the end of that season.
A legal dispute between Lucas Dumbrell Investments and V8 Supercars then arose over the legitimacy of the sale of the license, but following a settlement in the case, the team has received its second Racing Entitlements Contract (REC) back from V8 Supercars.
A joint statement issued by the two parties confirmed that the legal disagreement was resolved and LDM had regained the REC to use in 2015.
“V8 Supercars and Lucas Dumbrell Investments have agreed to a settlement of their legal actions,” the statement read.
“The settlement will result in Lucas Dumbrell Investments having the right to race two cars in the 2015 V8 Supercars Championship. The terms of settlement are confidential and the parties will make no further statement.”
Teams were required to submit entries for 2015 by December 1, and LDM’s second license was one of 25 applications received by the deadline.
Veteran racer Russell Ingall has driven LDM’s Repair Management Australia sponsored Holden Commodore VF in 2014, but is seemingly retiring from full-time V8 Supercar competition at the end of the 2014 season, leaving two seats available for next season.
