IMSA GTP was largely supported by C1 cars and went down the tubes as they stopped being effective. They were practically identical barring some minor restrictions to screw over the 956 and the equivalency format.
Not sure where the idea that PSR saved Le Mans in the 90s comes from. They couldn't save themselves for one, and the only cars built for WSC to ever run at Le Mans were the 333SP, WSC95, Courage C41, and R&S Mk.III. Of those the Ferrari was seen in extremely limited numbers prior to 1998, the Mk.III wasn't at all, and the WSC95 and C41 were non-existent and nearly invisible in the US respectively. The backbone of mid-late 90s Le Mans was GTs.
Practically speaking, WEC has a freight (and vanity) limit of 32 full time cars. Currently there is 8 cars entered for the entire season in P1H, already making 1/4 of the 4 class field. With 3 cars already in P1L, just how many more P1s do you think can even be allowed entry in the class at all right now? You would need every P1L team to be running the same car and to eject some lower class cars to make a viable customer market for even one builder.
Look at P2 at Le Mans. It's huge. Is P2 huge in WEC? No. Actually last year it was a bit pathetic. To have enough teams around for that big ~20 car class in the 24 hour they have to come from somewhere, and that somewhere is basically ELMS. It's a cheaper series to run, it's an easier series to enter, and it sells cars. P1L there is a much better bet than hoping you will get people to build their own privateer cars for one race a year.
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