The way I understood it, Tony Clements was the original seat-holder (stupid expression) together John Surtees. Then Surtees withdrew and TC ran the show for a while before handing over the reins to his daughter, Katie, presumably to see if she could make a go of it. The answer seems to be no, although I don't blame anyone for not succeeding in the present economic climate.
It's just a very great shame.
