The cars later competed in the merged series of the IMSA SportsCar Championship, from 2014 to 2016, before being phased out and replaced by the Daytona Prototype International class in 2017.
For the 2003 Rolex Sports Car Series season, the Grand American Road Racing Association (GARRA) announced that they would stop support of their two premier open cockpit classes, known as SRP-I and SRP-II.
The concrete walls of the oval section of the road course that the series runs were dangerous enough on their own, but were also on the parts of the track where cars reached their highest speed.
This would stop teams from having to spend money on aerodynamic tweaks and technological experimentation, as well as private track testing.
At the same time, major manufacturers would not be allowed to run Daytona Prototype teams, in order to help keep competition level and costs down.
Cheever Racing purchased Fabcar's license and developed under the Coyote name, with assistance from former manufacturer Picchio.
The new chassis available from 2008 onward were: GARRA allows for modifications to the bodywork of each Daytona Prototype only in certain areas, most specifically to the rear wing and Gurney flap as well as front dive planes.
In qualifying, a Chevrolet Corvette and a Ford Mustang, both from the GTS class, set the fastest two lap times, while the leading Daytona Prototype was the Multimatic-Ford.
For 2004, the SRP cars were finally banned, and the number of DPs grew, with 17 appearing at the season opener at Daytona where they managed to take the overall win.
GARRA planned to continue using the Daytona Prototype in the foreseeable future, with new chassis designs being allowed into the series in 2008.
Originally, the hope was for DPi cars to be Le Mans eligible in the LMP2 class, but disagreements between the ACO and IMSA did not allow this to come to fruition.