Below is the list of tables from the database along with their columns and datatype. Need to generate an accurate SQL query for the question.
Only use the columns present in the respective table. Only use the columns which are required to generate the SQL query. Only use table joins if required and not otherwise.

### Tables ###
TABLE: CREATE TABLE table_24865763_2 ( results VARCHAR, circuit VARCHAR, gt1_winning_team VARCHAR )

### Question ###
How many results did the GT1 Winning Team No. 50 Larbre Comp tition on the Algarve circuit?

### Accurate SQL ###

SELECT COUNT(results) FROM table_24865763_2 WHERE circuit = "Algarve" AND gt1_winning_team = "No. 50 Larbre Compétition"