Colin McRae season, it was McRae who had to look elsewhere for 2004. David Richards, McRae's former boss at Subaru, who had by now taken over WRC's commercial rights holders ISC and worried that the loss of a character like McRae would damage his ability to market the sport, set about trying to help McRae find a drive for 2004. McRae was unable to find a team, and for the first time in over ten years he would not be competing in the World Rally Championship. As the only other potential alternative suitors, Subaru instead eventually chose Mikko Hirvonen to partner Petter
Graham McRae changed to require the cars to carry Can Am sports car bodies, McRae took a year to revise the GM3 and unsponsored he couldn't pay for competitive engines and privateer competition against the Haas or Paul Newman teams was hopeless. In 1978, he won his fifth F5000 title, the Australian Drivers' Championship. In 1972 McRae, Malcolm Bridgland of Malaya Garage, and car designer Len Terry built a new F5000. The car was initially designated the Leda LT27 following Terry's designs. In mid-1972 McRae and London insurance broker John Heynes bought out Bridgland and set up a United Kingdom company McRae