JACKSONVILLE, Fla. — Second-generation Trans Am Series presented by Pirelli champion Simon Gregg announced the formation of the Peter Gregg Foundation and Peter Gregg Gallery, paying tribute to his father — an American sports car legend.

Peter Gregg won the Trans Am Series title in 1973 and 1974, winning three races and placing second three times in a Porsche Carrera. He won his final two Trans Am races at Wisconsin’s Road America and California’s Laguna Seca in a Porsche 935 in 1979, giving him 22 victories in 54 starts. He also won six career IMSA championships and was a six-time winner of the Rolex 24 At Daytona – an event he won overall four times.

The Peter Gregg Foundation will foster the careers of aspiring engineers by providing mentorship and roles with current contending race teams. The Foundation will feature an annual scholarship program for five deserving young people with an interest in working on high-performance sports cars. The recipients will be mentored by professionals, including drivers, team owners and mechanics, from the sports car field.

Headquartered in Jacksonville, the Foundation will open the scholarship contest on March 1. The winners will be announced in late spring. The recipients will be relocated to Jacksonville where they will work with mentors on a Porsche to get it race ready. The car will be auctioned off, and the scholarship winners will be assigned to a private team or race shop. The list of participating teams will be announced at the beginning of the contest.

In addition, the Peter Gregg Gallery will launch at the end of February with a combined in-person and virtual ceremony. The Gallery includes several of the elder Gregg’s cars that have been restored by his son, including a pair of nice street Porsches and a Lola Can-Am car.

Peter Gregg won the Trans Am title in 1973 and 1974, winning three races and placing second three times in a Porsche Carrera. He won his final two Trans Am races at Road America and Laguna Seca in a Porsche 935 in 1979, giving him 22 victories in 54 starts. He also won six career IMSA championships and was a six-time winner of the Rolex 24 At Daytona – an event he won overall four times.