Career
Before leaving driving to concentrate on car ownership, he ran one race in the 1996-1997 Industry Racing League season, the 1997 Las Vegas 500K at Las Vegas Motor Speedway. He started racing in 1989, winning SCCA Ohio Valley Region"s Novice Driver of the Year. In 2006, his car, driven by Justin Wilson, A. J. Allmendinger, Oswaldo Negri and Mark Patterson, finished in 2nd position overall and in the Daytona Prototype class in the Rolex 24 Hours of Daytona.
Shank has been twice named Formula Atlantic Team Owner of the Year.
The team purchased a 2012 Dallara, with the goal of adding a full-time program in 2012 while continuing their Road Racing programs. The original intention for the program was to run under the name "MSR Industry", with A. J. Allmendinger and Brian Bailey as co-owners.
The 2012 Indycar program was to field Paul Tracy in selected races including the Indianapolis 500 but no races were entered. Michael Shank Racing announced that it had sold its Dallara chassis to Sam Schmidt Motorsports in February 2013 and declared its intention to collaborate with another team on a 2013 Indianapolis 500 entry.
Number such program was finalized in time for the race.
