Stewart-Haas Racing

Stewart-Haas Racing, Nature’s Bakery reach settlement that includes sponsorship

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Stewart-Haas Racing announced Friday that it has reached an agreement with Nature’s Bakery that will include the company serving as a sponsor for four Cup races split between Clint Bowyer and Danica Patrick.

Those four races will be announced at a later date.

As part of the agreement, all lawsuits between Stewart-Haas Racing and Nature’s Bakery have been dropped.

Stewart-Haas Racing filed a $31 million breach of contract lawsuit against Nature’s Bakery on Feb. 3. Nature’s Bakery had two years remaining on a three-year contract to sponsor Danica Patrick’s team when the company sent the team a notice of termination on Jan. 19 . Nature’s Bakery was to have paid $15,212,000 each season to sponsor the team.

Nature’s Bakery filed a counterclaim Feb. 25 stating it did not see the return it was led to believe in sponsoring Patrick’s team.

“It’s gratifying to see a difficult situation get resolved in a professional manner that suits all parties,” said Brett Frood, president, Stewart-Haas Racing. “Together, we worked diligently to find an equitable solution to our collective challenges.”

“I am a longtime motorsports fan and, particularly, a fan of NASCAR,” said Dave Marson, founder of Nature’s Bakery. “Our partnership with Stewart-Haas Racing began with direct, open conversations and that foundation allowed us to reach this agreement.”

Other parts of the agreement were not revealed.

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Stewart-Haas Racing, Nature’s Bakery reach tentative settlement

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Counsel for Stewart-Haas Racing reported to North Carolina Superior Court on Wednesday that it has executed settlement documents with Nature’s Bakery.

A status report was pushed back 21 days to June 23 in the event the that the parties have not filed a stipulation of dismissal by that date.

No details of the settlement documents were detailed to the court.

Stewart-Haas Racing filed a $31 million breach of contract lawsuit against Nature’s Bakery on Feb. 3. Nature’s Bakery had two years remaining on a three-year contract to sponsor Danica Patrick’s team when the company sent the team a notice of termination on Jan. 19 . Nature’s Bakery was to have paid $15,212,000 each season to sponsor the team.

Nature’s Bakery filed a counterclaim Feb. 25 stating it did not see the return it was led to believe in sponsoring Patrick’s team.

Click here to read court document

NASCAR executive defends rules package after lackluster All-Star Race

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After an All-Star race that featured three lead changes in 70 laps, a senior NASCAR executive defended the rules package but conceded that the option tire “didn’t make a huge impact.’’

Steve O’Donnell, NASCAR executive vice president and chief racing development officer, told “The Morning Drive” on SiriusXM NASCAR Radio that one race isn’t going to lead to significant rule changes.

“I think we’ve got to keep it in context,’’ O’Donnell said Monday. “I find it ironic that you can go from one week of everyone saying this is the greatest rules package and then you walk into one race with a bit of a different format (and opinions not as high). We feel still really bullish on the rules package we have, the work we’ve done with the industry to get where we’re at. Certainly you want every race to be the best it possibly can be.

“We’ve got to look at the facts and the facts are a lot of different organizations winning this year, the (manufacturers) having an ability to win, Kyle (Busch) his first win ever (in Cup) at Charlotte, which is surprising to me, and a lot of young drivers really putting their names out there competing out front. Really like where we’re at right now.

“Our job is to look at the whole year. If I reacted to every comment you had on Twitter, it would be very different. It’s one of those things we’ve got to look at the overall picture, we’ve got to take the input from everybody in the industry and we do that. I think from a rules package standpoint we continue to see the sport moving in the right direction in terms of what we’re seeing in competitiveness from different organizations. That’s really how we judge it from an overall standpoint and not just one race.’’

Heading into this weekend’s Coca-Cola 600, there have been eight different winners in the first 11 races. There have been at least eight different winners in the first 11 races in three of the last four years.

Among organizations, seven different teams have scored victories this season: Chip Ganassi Racing, Furniture Row Racing, Team Penske, Hendrick Motorsports, Roush Fenway Racing, Stewart-Haas Racing and Richard Childress Racing. Four organizations had won a race in the first 11 events last year and in 2015.

In the five races run on 1.5-mile tracks this season — Atlanta, Las Vegas, Texas, Kansas and the All-Star Race — lead changes are down compared to the same events last year. There have been 63 lead changes in those five events this year compared to 94 in those same events a year ago and 99 two years ago.

The three lead changes in the All-Star race were the fewest since 2007, although Saturday’s race had the fewest laps (70) since that 2007 race, which was 80 laps.

Still, the hope was that there could be plenty of cars moving forward and backward with the use of a second tire compound, a softer compound. The goal was for the tire to be a few tenths quicker at the onset but wear more quickly than the regular tire.

“Goodyear delivered on exactly what we had asked,’’ O’Donnell told SiriusXM NASCAR Radio. “We wanted three to four-tenths on a tire and by the practice times and the early part of the race we saw that. Kudos to Goodyear. I think what you saw Saturday night was really the difference probably in the car versus the tire and maybe a need to go even further if you were going to pursue that avenue in terms of difference in speed. That’s something we could look at for the future. Obviously you guys saw what I saw, it didn’t make a huge impact.’’

Asked if the option tire is something still on the table for future events, O’Donnell said: “I think so. I think you look at what may be the impact versus the car. I think the bigger thing is, when you look at tires in general, continuing to focus on rain tire, what should be our priority. There’s talk, I don’t want to tip the hand, but way down the future could you ever run Martinsville if the track was damp because Goodyear is able to, in terms of the speed, put something together.

“It’s a balance for us of where do we put their focus. Obviously they’re capable of doing all things. I think something we’d look at All-Star for sure, not sure in terms of a points race.’’

Another question was about the splitter after Erik Jones’ bid for the lead in the final laps of the Monster Energy Open was foiled when he ran below the apron and through grass on the frontstretch. He damaged his splitter in the incident.

Dale Earnhardt Jr. was critical of the splitter on Twitter.

O’Donnell defended the splitter’s purpose on the car.

“Why we have it, I think everybody, including the drivers and the industry wanted to look at going toward the lower downforce package,’’ O’Donnell said. “That’s part of the package. It’s part of what we worked on with the (manufacturers). We’re actually very happy with the product we’ve had.

“If you look back to Kansas, one of the better mile-and-a-half races we’ve had. It’s always interesting with one incident and everybody jumps on, ‘Hey, why do we have this on the car?’ Certainly something down the road you can always look at, but it’s part of the overall aerodynamics of the car. It all fits in.

“For now, we continue to like the direction of lower downforce and going to continue down that and see if there are certain tweaks we can make. We absolutely would do that but that’s where we’re at today.’’

O’Donnell also said that the 2018 schedule is expected to be released this week.

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Orlando fan gets chance at $1 million if Kevin Harvick wins All-Star Race

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If Kevin Harvick wins the Monster Energy All-Star Race on Saturday, he won’t be the only one leaving Charlotte Motor Speedway with $1 million.

Thanks to the “Busch Bucks” loyalty program created by Anheuser-Busch last month, Steve Sinanan from Orlando, Florida, will have a shot his own $1 million prize.

Harvick’s No. 4 Ford will have a special “Busch Bucks” paint scheme that covers the car in money. If Harvick wins $1 millions, so does Sinanan.

Sinanan, 42, will watch Saturday night’s race from Harvick’s pit box.

“I was shocked when I got the call from Busch informing me that I had been selected for the chance to win a million dollars,” Sinanan said in a media release. “I’ve been to a few races at Daytona before given it’s near home, but I can’t wait for the VIP experience this weekend at Charlotte Motor Speedway … and of course the potential to take home a million dollars if Harvick takes the checkered flag. I think it’s safe to say I’m the world’s biggest Kevin Harvick fan right now.”

According to Stewart-Haas Racing, Sinanan is an accountant and consultant and he would use the money to pay off his student loans and invest the rest.

Harvick won the 2007 All-Star Race and also has three points wins at the 1.5-mile track.

Harvick is still looking for his first points win of the season. His next chance at that is next weekend in the Coca-Cola 600.

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Stewart-Haas Racing, Nature’s Bakery close to settlement

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Stewart-Haas Racing stated in a court filing Tuesday that it is close to reaching a settlement with Nature’s Bakery, the company that formerly sponsored Danica Patrick‘s team.

Stewart-Haas Racing filed a $31 million breach of contract lawsuit against Nature’s Bakery on Feb. 3. Nature’s Bakery had two years remaining on a three-year contract to sponsor Patrick’s team when the company sent the team a notice of termination on Jan. 19 . Nature’s Bakery was to pay $15,212,000 each season to sponsor the team.

Nature’s Bakery filed a counterclaim Feb. 25 stating it did not see the return it was led to believe.

A mediator heard both sides in April.

Stewart-Haas Racing made a request Tuesday in North Carolina Superior Court to postpone a case management conference scheduled for Wednesday. Stewart-Haas Racing was ordered to file a status report no later than June 2.

Click here to read the court document

 

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