The Oreca 03 is a Le Mans Prototype built by Oreca in 2011. It is built within the revised 2011 ACO regulations for the 24 Hours of Le Mans. The car made its début at the 12 Hours of Sebring run by Signatech Nissan and set to race at the 2011 24 Hours of Le Mans. It is the third car that Oreca has produced after the 01 and FLM09. 24 Oreca 03 were built. Five 03's have been built, four of which have competed in races. Team Oreca have not entered a race yet but plan to race at the 1000 km of Spa and Le Mans. The first race the Oreca 03 competed in was the 2011 12 Hours of Sebring, the first round of the American Le Mans Series and Intercontinental Le Mans Cup, where the French team of Signatech Nissan competed for ILMC glory in the LMP2 class with drivers Franck Mailleux, long term Oreca driver Soheil Ayari and 2009 GT Academy winner Lucas Ordoñez. The trio had been quick throughout practice and took pole at the Sebring International Raceway, almost four seconds quicker than the next nearest LMP2 class car. Unfortunately, because the car was brand new, problems occurred including continuous gearbox problems. In the end, the No. 26 car finished 30th overall and second in class as there were very little LMP2 entrants.