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With Japanese backing, Schuppan produced firstly minimally modified 962 race cars with street registration. The first, registered in the UK as H726 LDP, retained the original bodywork and honeycomb chassis from its racing career. Later a road going evolution of the Porsche 962 called the Schuppan 962CR was developed, using very different bodywork. At the then price of 195 million yen (1.5 million USD) only six were built.
Payment failed to arrive for two of the vehicles after they were shipped to Japan. This, coupled with the high cost of the car's construction and the worldwide recession, forced Schuppan to declare bankruptcy. Schuppan then also co-owned an Indy Lights team with Stefan Johansson.
In May 2006, Schuppan was elected into the Club International des Anciens Pilotes de Grand Prix F1, an eminent organisation based in Monaco.
Read more about this topic: Vern Schuppan
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