This group has the blessing of the France family of NASCAR fame. The idea is to create a road racing series where the average millionaire can race, and stand a good chance of winning. They run four classes of cars: Sports Racer, GTO, GTU, and the American GT division. You can actually trace this group back to the old IMSA organization.
The other group is called the American LeMans Series. This group was put together by billionaire Don Panoz, and follows all the LeMans rules. It is also a series designed for the factory teams. This is the playground for the Audi, Cadillac, and BMW teams. These teams have the types of racing budgets that make the average multi-millionaire blanch.
Daytona is a very special event and draws cars that you won't see in Grand Am racing for the rest of the year. The Vipers, the C5-R Corvettes, and the new Cadillac will run the ALMs series for the rest of the 2000 season. BMW and Audi took a pass on Daytona and will show up at Sebring, where we'll also see some additional factory efforts.
The only reason the Vipers and C5-R Corvettes ended up challenging for the Daytona lead was that the Sports Racers class was composed of some very old cars that simply couldn't keep the pace. By the time the sun rose over the Atlantic Ocean they were all broken. This won't happen at Sebring.
It's hard to pick a winner between the ALMS and the Grand Am series. Both groups have large bank accounts and very enthusiastic management teams. The only thing for certain is that in a few years, only one group will remain. Then, on the other hand, they might both be gone.