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French carmaker PSA Peugeot Citroën announced a 819 million euro ($994 million) loss for the first half of 2012 yesterday in Paris.
Despite two incredibly successful seasons, Peugeot is shutting down its sports-car endurance-racing program
Audi has started preparations for the 2012 World Endurance Championship season with a weekend test at Sebring International Raceway.
Twenty-four cars in four classes will contest the Zuhai round of the 2011 Intercontinental Le Mans Cup season.
Peugeot and Audi will face off at England’s historic Silverstone circuit for the International Le Mans Cup.
With nine hours left in the 2011 Le Mans 24 Hours, Audi leads but Peugeot trails by the slightest margin.
