French carmaker announces a plan for endurance racing comeback in 2022.

Autocar UK, By Damien Smith

© Image credited by Haymarket Media Group | Peugeot to make Le Mans return with new hypercar

Peugeot has given a shot in the arm to the new hypercar class at the Le Mans 24 Hours by announcing its intention to return to the race in 2022.
Parent company PSA has released a brief statement confirming its intention to not only race at Le Mans but also to compete in all rounds of the World Endurance Championship, starting in 2022 with an all-new hybrid-based contender. No further details have been revealed at this stage.
PSA motorsport director Jean-Marc Finot said: "I am very excited at the prospect of channeling the skills and passion of my team into this project.
"It is a new challenge and I know our experts will rise to it with another demonstration of their will to win with teams financed by the [PSA] Group's brands, fuelled by their long experience of top-flight FIA championships and hunger for success."
The surprise entry goes a long way to validating the decision to switch from the current LMP1 regulations to a new hypercar formula, which is due for introduction in 2020. Before Peugeot's announcement, the only major carmakers to commit to the category were Toyota and Aston Martin.
The new hypercar rules have been shaped with cost-cutting in mind, with a season's budget expected to be limited to around €20 million (£17m). Manufacturers have the option of developing a bespoke racer or modify a road-going hypercar for race use. Toyota has opted to focus on a bespoke racer, while Aston Martin plans to enter the Valkyrie.
Peugeot has a rich history at Le Mans, winning its world-famous home race twice at the end of the Group C era, in 1992 and 1993. It returned to sports car racing in the LMP1 era, battling Audi for honors between 2007 and 2011, winning Le Mans in 2009 with its diesel-powered 908 HDi FAP.
A hybrid version of the car was under development when Peugeot pulled the plug on the endurance racing program, just one year before the founding of the WEC in 2012. Since then, rumors have suggested the carmaker could return to the race, but bosses have always maintained the would only do so if the rules changed to lower costs and make a campaign more sustainable.
This article was originally published in Autocar UK.
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