CHANDLER, AZ (3TV/CBS5) - The Bob Bondurant School of High-Performance Driving, Inc., has temporarily shut its doors.
The company released the following statement Tuesday:
"In October, the Bob Bondurant School of Bondurant Driving, Inc. filed a voluntary petition under Chapter 11 in the United States Bankruptcy Court for the District of Arizona. This was an important first step to help us restructure the School.
Yesterday, we experienced circumstances that unexpectedly caused the School to close its doors temporarily.
The Bondurants intend on continuing the School's restructuring efforts, negotiating with potential investors, and implementing a new management team to assure the successful future of the School. We remain optimistic and hope to keep the School's legacy alive for years to come."
The school was founded some 50 years ago.
According to the company's website, "Since 1968, we've been the premier driver-training destination for everyone from racing professionals to daily commuters who want to become more proficient behind the wheel.
Everyone who walks through our doors is taught the Bondurant Method - Bob's proven training technique that allows us to peel back your driving habits, and build you into a more confident, capable driver. You won't just learn – you'll have more fun than you thought possible on four wheels!"