Seeing the “snowball effect” of a lack of sponsorship, cost for additional cars next year and the COVID-19 pandemic’s impact on the economy, car owner Bob Leavine said Tuesday that it was clear that he needed to sell Leavine Family Racing.
The team announced Tuesday that it has been sold. The buyer has not been revealed.
Leavine said Tuesday that the team had 11 races available for sponsorship on rookie Christopher Bell‘s car before the coronavirus pandemic suspended the sport in March for 10 weeks. The team’s biggest sponsor, Leavine noted, was his construction company, which also has been impacted by the economic downturn brought on by the virus.
“We haven’t really sold anything and probably won’t sell anything going forward this year,” Leavine said Tuesday of sponsorship.
“We definitely did not get out of our charter what we put into our charter,” said Leavine, who has not publicly revealed what was paid for the charter. “So, from our standpoint, it is very difficult to say that it was a great investment. It just allowed us to run full time for the five years after we bought it. That’s the best thing I can say for the charter system.”
“We had a whole lot of things banking on the Next Gen coming in,” Leavine said. “Our deal with JGR, our affiliation required us to do certain things. We were looking forward to being a standalone team with one or two cars. So, the pandemic, and sponsorship and how it affected (his construction business), our major sponsor, and then having to come back and buy all the cars again for next year, because we had planned on not needing cars next year.
“It was a snowball effect on multiple things. We saw no way out. We could not afford the affiliation, and what we did this year, next year. That’s what we banked on. Okay, we will do this one year, run good, get our charter value up, and we had a plan. That plan came tumbling down with the pandemic. Then you take a bad business model; it doesn’t work for us.”
Leavine said he lobbied NASCAR and owners in the spring for particular changes, which he did not reveal. When those ideas were rejected, Leavine said he was “very disappointed in what came out of that meeting. I knew that was probably going to be the straw that broke our back. I had to start looking for how best do we protect our team. How best do we keep people employed. A lot of things went into that decision.”
Leavine Family Racing has competed in NASCAR since 2011, making its debut with David Starr at Texas Motor Speedway on April 9. The organization didn’t run a full schedule until 2016 with Michael McDowell and Ty Dillon splitting the ride. Others who have driven for the team include Kasey Kahne, Regan Smith, Matt DiBenedetto and Bell.
“I really gave it all I had for the 10 years and the last five primarily when we went full-time, and I committed, and I thought we could make a difference and be a good team,” Leavine said. “A responsible and respected team in NASCAR. To walk away and not have completed that, I’ve never had to do that before and give up on anything. But I could not let it destroy our business – a 41-year old business – in Texas during these times, so you have to protect something and that’s a profitable organization.”
Chip Ganassi Racing announced Tuesday that engineer Phil Surgen will be the crew chief for Matt Kenseth‘s team for the rest of the season. Surgen has been with the team since 2016.
Surgen replaces Chad Johnston, who had been the crew chief for the No. 42 team since 2016. The team’s statement did not address Johnston’s status.
Chip Ganassi Racing hired Kenseth in late April to take over the ride after the team fired Kyle Larson. Kenseth finished 10th in his debut with the team in May at Darlington but has had one top-10 finish since, a runner-up showing at Indianapolis last month. Kenseth finished 37th last weekend at New Hampshire after causing three cautions.
Elliott was asked about the changes NASCAR has made this year.
“I think we’re on a path right now that is really what NASCAR needs,” he said. “I see a lot of it. To me, we’re simplifying things, which is something that I think needed to be done for a long time. I think as NASCAR grew, I think it kind of overgrew it’s shoe size a little bit over the years and we overcomplicated things.”
One of the changes Elliott said that has been good is the limited number of crew members at the track.
“Yes, that can be more work, but I think what it has done is allow more crew members and myself included, I think everybody has an extra job or two, and I think what that has done is brought us closer together and brought more of that short track mentality of a small group of people that are more diverse going to the racetrack each week,” he said. “It brings you closer together because you have to work closer together to make sure everything is done and done at the level you want it to be.
“I just don’t see the need of practicing three hours every weekend. I think that is just ridiculous and way too much. I mean, heck, I think a lot of guys, Chocolate you’ve probably seen this, you go back to where you started (with the setup in practice) half the time anyways, more than half the time.
“Show up, you’re giving your best stab at what you have the most confidence in when you get to the racetrack on a Friday for practice anyways, so why not go ahead and start the event and see what you have? There is no better practice than a race and you don’t get your report card until the race is over anyway. Let’s just give our best effort in what we believe is fast and if it’s not, we see it right then and there and we can go to work on trying to improve.
“I’ve only heard one person complain about less practice, but I have a pretty strong feeling if they had won a few races by now they wouldn’t be saying less practice either. I think for the most part, it’s been a big time solid.”
Elliott enters this weekend’s Cup doubleheader at Michigan International Speedway (4 p.m. ET Saturday and 4:30 p.m. ET Sunday on NBCSN), fifth in the points.
Things haven’t been smooth for Elliott in the last month even with his All-Star Race victory at Bristol. In the five points races since July, he’s finished between ninth and 23rd. Michigan could be a good place for a doubleheader weekend for Elliott. He’s been a runner-up there three times and and has finished in the top 10 in seven of his eight Cup starts at the track.
“I definitely think there is room for improvement, for sure,” said Elliott, who placed ninth last weekend at New Hampshire Motor Speedway. “I think we fired off the year awesome, and I think the results showed that across the board. We were running better as a group and battling for a win like we expect and like we want to do as a company, as a manufacturer, as individual teams.
“As always, time goes on and people improve and if you get behind that curve just a little bit, it is hard to catch up. I think for us, we’ve just got to really put our focus on that areas that we talk about in our meeting and the things we struggle with the most and places like (New Hampshire) are one of them.
“It wasn’t one of those things that that wasn’t a new thing for us (Sunday). We put a lot of emphasis in trying to do better and went with a handful of different mindsets (Sunday) setup wise and this and that. Unfortunately, just didn’t really seem to be any improvement. Sometimes you have to step back and look at things from a more general perspective and look at general big trends and what is off in certain areas. I think you can dive sometimes too deep into the fine details and get lost in that.
“I think fine details are great when the big stuff is right. I just think as a group we’re off a little bit and you’re not talking much. A tenth (of a second) or two would be the difference between running ninth or 10th and battling up in the top five. When you are working that small window it is hard to not focus on the fine details, but I’m a believer in a lot of times in looking back in the general trends can sometimes help you get in the right direction, too.”