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They replaced it, naturally, with an Escort GT that they still race. In fact, it just finished 10th at Barber at the last LeMons race.
The beauty of this, to me as also a fan of professional endurance racing, is that's exactly how Le Mans, Sebring, Daytona, et. al. used to be. Twenty-four-hour reliability is generally a development over the last, oh, 15-25 years. Before then, it was all about managing how much fuel, tire, and brakes you were using while also paying mind to the engine, transmission, and clutch AND THEN still trying not to stuff the car into a wall or another car.
The LeMons teams that don't understand this lead races. The teams that do, they win races.
But as you said, I didn't built the thing so what do I know? I guess turbulence under the car is preferable to turbulence (and resulting drag) at the rear wheel well and/or back of the car where there's already a low-pressure area (and more drag). Supposedly, the i8's drag coefficient is 0.26, so it's at least as efficient as a Prius in that regard.