I think it's great we'll see a privateer Hypercar and under such an iconic name joining the fray! Yes, it's not Henri's team but it will put him and his former team back in the spotlight and that wouldn't have happened if the team was named differently (and there are plenty of unknown team names out there nowadays).
The first privateer Hypercar entry is also very significant and let's hope we'll see more of those. I applaud Peugeot for following Porsche's lead, might it be an inspiration for the other LMH/LMDh manufacturers!
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