A press release issued by Bert Silos September 6 announcing the retirement of the Synergy Racing Technologies team was incorrect, according to SRT team owner Mathew Spiwak.

“Before (the Formula USA race at) Pocono, he (Bert Silos) and I had it out, and I said, ‘Look, you are no longer with the company,'” Spiwak said Friday, September 7 at Portland International Raceway. “He has some stuff of mine, I have some stuff of his, and we’re trying to separate as far as you get back your stuff and I get back mine. But he is really holding onto a lot of animosity and trying to reap the benefits of what Synergy has because he is starting up a new company. So he is gonna try and draw whatever we had here over to his side.

“Synergy Racing Technologies is a dba. I am the sole proprietor. He was just an employee. His press release was more than inappropriate. He’s known around the pits as the painter or a guy involved with Synergy, but that’s the end of it. For him to put a statement of co-founder, co-this, co-that just turns my stomach. It really upsets me.

“I was talking to a lawyer. He’s gonna draw up a letter. In the letter, it’s going to state no more press releases from here on out, and if you do it will result in a lawsuit. Bert doesn’t have any money. I don’t want money. It’s not an issue of money. It’s an issue of vindictiveness and sending out more statements.

“Synergy Racing Technologies isn’t going anywhere. There won’t even be a color change. There’s no changes. We are Synergy Racing Technologies until we decide to stop racing or manufacturing parts or whatever. We’ve built a reputation, and we plan to continue our race effort through 2002, 2003, and however long we can take it.

“I want to apologize to our sponsors for the misinformation.”

Synergy Racing Technologies is at Portland to compete in the Formula USA round with rider Marc Palazzo on a Honda CBR600F4, in Pro Sportbike, and a CBR929RR, in Unlimited Superbike.