Less than a month after the Xfinity Series’ Viva Motorsports team ceased operating it has been revealed that the team and its assets, including 12 cars and a race shop in China Grove, N.C., have been purchased and renamed by businessman Rick Gdovic.
According to The Daily Press in Virginia, Gdovic has renamed the team Precision Performance Motorsports and that it will soon return to the track in the Xfinity Series.
“We are excited about the purchase of Viva’s operation,” Rick Gdovic told The Daily Press. “They have continued to build race assets and a reputation over the past few years.
Gdovic, a former K&N Pro Series East driver, said his Xfinity team will be sponsored by Fronius, American Messaging, WindStax and his own business, ComServe Verizon Wireless. Gdovic’s son, Brandon, who competed in two races for Viva Motorsports earlier this year will be one of the drivers that races for PPM when it debuts later this year.
Rick Gdovic said he doesn’t know when the team will return to the track, but said races at Iowa Speedway (Aug. 1) and at Watkins Glen International (Aug. 8) could be in the mix due to Brandon’s familiarity with them.
“We plan to continue their drive to become a top-level Xfinity Series operation that offers great value for our sponsorship partners, and another step up the ladder for our driver development program,” Gdovic said.