Nissan have today confirmed they will not compete in the 2016 WEC championship after their LMP1 program has hit more problems during preparations for the 2016 season. Nissan only competed at this year's 24 Hours of Le Mans and have since suffered dozens of technical setbacks in their bid to introduce their innovative FWD Nismo GTR-LM to the LMP1 scene. However, rumours are circulating that the combined issue of a badly under performing 2016-spec hybrid system, along with a second failed crash test, has put the final nail in the coffin for the project. Nissan's official statement reads, "Nissan entered LMP1 in the 2015 season with an innovative new, and bold concept, with the ambition to compete at the front of the field... however, the company concluded that the program would not be able to reach its ambitions and decided to focus on developing its longer term strategies." The failure of the project will also see around 40 employees lose their jobs, whilst there is currently no news as to where Nissan's impressive driver lineup will end up for next season. Nissan have confirmed that they still intend to supply to upcoming LMP3 category with engines.