LOUDON, NH - SEPTEMBER 23:  Kurt Busch, driver of the #41 Monster Energy/Haas Automation Chevrolet, sits in his car during practice for the NASCAR Sprint Cup Series Bad Boy Off Road 300 at New Hampshire Motor Speedway on September 23, 2016 in Loudon, New Hampshire.  (Photo by Jeff Zelevansky/Getty Images)
Jeff Zelevansky/Getty Images

Kurt Busch sued by former management company for $1.4 million

1 Comment

DAYTONA BEACH, Fla. – Kurt Busch has been sued for $1.4 million by Sports Management Network, which contests the NASCAR driver hasn’t paid its fees since terminating his deal with the company.

The lawsuit, which initially was reported by MLive.com, was filed Feb. 8 in U.S. District Court’s Eastern District of Michigan. It names Busch and Kurt Busch Inc. as defendants. SMN alleges that Busch has been delinquent in his payments since the second quarter of 2016 and owes at least $930,450.

The company also is asking Busch to cover interest, costs and attorney’s fees, bringing the requested judgment from the court to $1,470,450.

According to SMN, the last payment by the Stewart-Haas Racing driver was $117,167 for the first quarter of 2016.

A representative for Busch referred requests for comment to Alan Miller, a lawyer from Birmingham, Mich., who counts several auto racing drivers among his client list (including seven-time champion Jimmie Johnson).

Miller told NBC Sports that the SMN lawsuit was without merit and would be defended “vigorously” by Busch.

John P. Caponigro of SMN stated in an affidavit that Busch hadn’t paid “despite SMN’s repeated demands for payment on the account.”

According to the lawsuit, Busch terminated his contract with SMN in March 2016. The driver and company had entered into a representation contract in 2005 that was extended Aug. 11, 2010.

The contract was reworked in May 2012 to reduce Busch’s annual financial burden to SMN from $250,000 to $125,000 after he moved from Team Penske to Phoenix Racing because “it became apparent that the money that Defendants would receive in 2012 from KB’s professional driving activities would be a fraction of what they previously received.”

In July 2012, Busch and SMN agreed that starting in January 2013, Busch would owe the retainer plus 10 percent of all revenue from personal services agreements.

The lawsuit states “Subsequently, SMN negotiated and finalized multiple agreements for Defendants, including, but not limited to, driver appearances, sponsor agreements, personal services agreements, pursuant to the terms of which Defendants will be paid compensation through 2018.”

According to the suit, Busch has been invoiced for $930,450.07 pursuant to the 2017 season that has gone unpaid.

SMN claims being entitled to another $540,000 (which hasn’t been invoiced) based on Busch’s earnings for the 2018 season.

Click here to view a copy of the lawsuit.

 

Check out the logo for the 60th Daytona 500

DAYTONA BEACH, FL - FEBRUARY 22:  Fans crowd the infield prior to the NASCAR Sprint Cup Series 57th Annual Daytona 500 at Daytona International Speedway on February 22, 2015 in Daytona Beach, Florida.  (Photo by Patrick Smith/Getty Images)
Photo by Patrick Smith/Getty Images
Leave a comment

Sure, it’s been roughly 24 hours since Kurt Busch won the 59th Daytona 500.

But it’s not too early to start ramping up to the next entry of the “Great American Race.”

Daytona International Speedway has already unveiled the logo for the 60th Daytona 500, which is scheduled to be run on Feb. 18, 2018.

Check out it out below.

Denny Hamlin, girlfriend Jordan Fish expecting second child

Monster Energy NASCAR Cup Series Can-Am Duel 2
Getty Images
Leave a comment

Denny Hamlin didn’t make it back-to-back wins in the Daytona 500 on Sunday, but he still had a good day.

Hamlin’s longtime girlfriend, Jordan Fish, tweeted just before the “Great American Race” that their first child, 4-year-old daughter Taylor, will soon have a brother or sister.

Fish tweeted a photo of Taylor wearing a “Big Sister In Training” shirt that told the whole story.

Congratulations to the couple and the soon-t0-be addition to their family.

Follow @JerryBonkowski

Matt DiBenedetto delivers Go Fas Racing best Cup Series result in team history

DAYTONA BEACH, FL - FEBRUARY 24:  Matt DiBenedetto, driver of the #32 EJ Wade Construction Ford, practices for the 59th Annual DAYTONA 500 at Daytona International Speedway on February 24, 2017 in Daytona Beach, Florida.  (Photo by Jared C. Tilton/Getty Images)
Getty Images
Leave a comment

It took 99 starts, a revolving door of drivers and the crash fest that was the 59th Daytona 500.

That’s all it took before Matt DiBenedetto was able to give his new NASCAR Cup Series team, Go Fas Racing, its best result in team history, finishing ninth in Sunday’s “Great American Race.”

DiBenedetto, driving the No. 32 Ford owned by Archie St. Hilaire, simply survived.

Despite being in the 17-car wreck on Lap 128, DiBenedetto’s car stayed in one piece and, after a last pit stop, had enough gas to take advantage of the misfortune of others. The result is his second top 10 in two seasons.

“That’s a heck of a way to start the year,” DiBenedetto said after the race. “Holy cow. We survived. We got in that one crash and we hit pretty hard. I was like, ‘Oh my gosh, it’s gonna be a long day,’ but the guys did a great job patching it up. It still ran fine. I had good speed. The motor ran great all day, so it was cool.”

Starting his third full-time season in the NASCAR Cup Series, DiBenedetto rolled off 25th in his second Daytona 500 start. The native of Grass Valley, California, had an average running spot of 21.35.

As the laps wound down, teams ahead of DiBenedetto began dropping off as their fuel tanks dried up. The 25-year-old driver had no idea what position he was in as he took the checkered flag.

“No, I didn’t honestly,” DiBenedetto said. “The whole race we were pitting multiple times just trying to make sure it was fixed properly and taking our time and we just kept picking them off one at a time and it turned out to be a great day.”

It was DiBenedetto’s best day since he earned an emotional sixth-place finish in last year’s spring race at Bristol Motor Speedway. Then, DiBenedetto was with BK Racing, which he decided to leave following the season.

“It was definitely different,” DiBenedetto said. “This one was a little bit more survival. … I would say they’re different feelings, but being in the Daytona 500 in the first place is unbelievable. So I’m gonna say this one does feel really good just because it’s the Daytona 500 and it’s been my dream since I was five to even be in it. So to get a top 10 in it, I’m just checking off all these dreams come true.”

Go Fas Racing made its Cup Series debut in 2012 at Texas Motor Speedway with Scott Speed driving its No. 95 Ford.

DiBenedetto is the 23rd driver to take the reigns of a Go Fas Racing car, but the first to drive full-time.

“We’ve taken the team and brought in some really good people,” DiBenedetto said. “I’m so lucky to have my crew chief, Gene Nead, who came in and assembled some of the best guys we could possibly get, so we have some real quality people, some of the folks that were at BK with me. It’s amazing to have that tight of a group, where they are so dedicated to follow me and Gene wherever we go.

“That’s special. You don’t find that often, so we have such a great relationship and I think that’s where we’re gonna turn a lot of heads this year and surprise everybody. You’re only as good as the people around you and we have really good people. I’m fortunate to have them. We’re gonna turn some heads. We have 15 employees total versus some people who have 400-500, but we have 15 good, quality people and our goal is to over-achieve all year.”

It’s doesn’t hurt to start in the Daytona 500.

 and on Facebook

NASCAR America live at 6 p.m. ET: Daytona 500 recap, Kurt Busch interview

nascar-america-2017
Leave a comment

Today’s episode of NASCAR America recaps all the major stories that came out of the 59th Daytona 500, which was won for the first time by Kurt Busch.

The episode airs from 6 – 7 p.m. ET on NBCSN.

Krista Voda hosts with Dale Jarrett from Stamford, Connecticut. Jeff Burton and Kyle Petty join them from Burton’s Garage.

Voda will interview Busch just under 24 hours after the biggest win of his NASCAR career.

If you can’t catch the show on TV, you also can watch it via the online stream at http://nascarstream.nbcsports.com

If you plan to stream the show on your laptop or portable device, be sure to have your username and password from your cable/satellite/telco provider handy so your subscription can be verified.

Once you plug-in that information, you’ll have access to the stream.

Click here at 6 p.m. ET to watch live via the stream.