Friday 5: Silly season, charter sales and track news

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Not since 2009 have two former Cup champions switched teams — but might that take place for next season?

With 12 races left this year, former champions and free agents Martin Truex Jr. and Kurt Busch have not stated where they will race in 2019.

Truex has won 20 percent of the Cup races since last season, finished in the top five 56.7 percent of the time and scored a top 10 in more than two-thirds of those races.

It would seem natural that the 38-year-old reigning Cup champion will stay with Furniture Row Racing, but everything changed when 5-hour Energy announced July 18 it would end its involvement in NASCAR after this season. 5-hour Energy became a co-primary sponsor for 30 Cup races this season on the No. 78 team with Bass Pro Shops/Tracker Boats.

Two weeks ago at Bristol, Truex couldn’t give a number when asked to estimate a percentage of remaining with the team after this season.

“Right now, we need sponsorship,” Truex said then. “That’s as simple as it gets.”

Busch, 40, signed a one-year extension with Stewart-Haas Racing in December, after Monster Energy decided to return as a team sponsor. Busch, the 2004 Cup champ, has said he’s talked to multiple teams about a ride for next year.

Busch won two weeks ago at Bristol to assure a playoff spot. He has four top-five finishes and 15 top-10 results this season — nearly bettering what he did last season for SHR.

The last time two drivers with Cup championships switched teams for the same season was 2009 when Tony Stewart and Bobby Labonte changed teams.

Stewart, a two-time champion at the time, went from Joe Gibbs Racing to Haas CNC Racing, which was renamed Stewart-Haas Racing. He won his third title in 2011 for that organization. Labonte, who won the 2000 crown, moved from Petty Enterprises to Hall of Fame Racing in 2009.

2. Boom or Bust?

When a bankruptcy judge approved the sale of BK Racing — and its charter — to Front Row Motorsports last week, it marked the ninth time that a charter has been sold since the system was created before the start of the 2016 season.

One charter has been sold twice in that period, meaning eight separate charters (22.2 percent) have been sold in less than three years. Many more have been leased. Teams can lease a charter once in five years.

The charter system debuted in February 2016 after about 18 months of discussions between NASCAR and team owners. NASCAR announced there would be 36 charters, guaranteeing each holder a starting spot in each race. The charter system also guarantees a set amount of income that isn’t solely based on a team’s finishing position in a race. Performance the past three years, a fixed amount per race and year-end point fund money also are factored.

The point was that teams could better budget what they would receive during the season and have a better idea of how much sponsorship they needed.

Also, the charter system was billed as a way to provide greater value to teams and led to the creation of a Team Owners Council, similar to what Cup drivers have. The Team Owners Council since has played a key role in the discussion of rule changes.

The money paid for charters has been kept quiet. Court documents from BK Racing’s bankruptcy case state that BK Racing sold a charter to Front Row Motorsports for $2 million in December 2016.

The bankruptcy court approved Front Row Motorsports’ purchase of BK Racing for $2.08 million. That included the charter, cars, equipment and other assets, meaning the charter sold for less than the one BK Racing sold in December 2016.

The bankruptcy court approved the bidding process for the BK Racing sale. A price of $1.8 million from Mike Beam, president of GMS Racing, was set as the minimum bid for the charter and certain assets. At the auction, Front Row Motorsports was the only bidder and topped Beam’s total.

Less than three years into the charter system, the movement of charters shows the difficulties with owning a team. The hope was that it would lead to a way for new investors to join the sport — and it could happen in the future.

But it takes more than a charter. There is all the equipment that must be purchased, personnel hired and the need for an alliance to have any hope of being competitive. Then there’s the sponsorship that a team needs to secure. That’s even a big jump for an Xfinity team to make if it wants to move to Cup.

With all that, it’s not surprising at this point that the charters have been passed among those that already own teams.

Here are the charters that have been sold since the charter system was created:

2016 season — Michael Waltrip Racing sold a charter to Stewart-Haas Racing for the No. 41 car.

2016 — Michael Waltrip Racing sold a charter to Joe Gibbs Racing for the No. 19 car.

2017 season — Premium Motorsports sold a charter to Furniture Row Racing for the No. 77 car.

2017 — BK Racing sold a charter to Front Row Motorsports for $2 million, according to court documents.

2017 — HScott Motorsports sold a charter to Premium Motorsports for the No. 15 car.

2017 — Tommy Baldwin Racing sold a charter to Leavine Family Racing for the No. 95 car.

2018 season — Furniture Row Racing sold the No. 77 car’s charter to JTG Daugherty for the No. 37 car.

2018 — Roush Fenway Racing sold a charter to Team Penske for the No. 12 car.

2018 — BK Racing charter sold in bankruptcy court to Front Row Motorsports for $2.08 million, including various assets.

3. Track News – Rockingham

The Richmond County Daily Journal reported that Rockingham Properties, LLC was expected to finalize paperwork Thursday on the purchase of Rockingham Speedway.

The paper did not list a price but stated that county tax administrator Vagas Jackson said the property was valued at $2,993,324. The paper reported that Dan Lovenheim, who owns restaurants and bars in and around Raleigh, North Carolina, is the majority owner of Rockingham Properties LLC.

Lovenheim did not provide the paper with plans for the track only to say they are “remarkably encompassing.”

4. Track News – Lucas Oil Raceway

The Indianapolis Star reported Thursday that Lucas Oil Raceway, which includes the drag strip that will host the upcoming U.S. Nationals, a road course and an oval track where the NASCAR Xfinity and Camping World Truck Series used to race, is in the midst of a multimillion-dollar renovation.

The first phase is focused on the drag strip.

Future plans call for improvements to the 0.686-mile oval so that it can host more stock car races.

“I think it’s no secret that we’d like to see other forms of stock car racing, be it different forms of NASCAR racing that come back out here,” Kasey Coler, the track’s general manager, told the newspaper. “That’s long term what we’d like to see.”

5. Did you know …

Darlington Raceway is Ryan Newman’s best track based on average finish. He has an average finish of 11.68 there. His next best track is Rockingham. He had an average finish of 12.4 there.

Since 2009, Newman and Denny Hamlin have the most top-10 finishes at Darlington Raceway with seven each. Next are Kevin Harvick, Kyle Busch, Matt Kenseth and Martin Truex Jr. with six each.

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NASCAR Power Rankings: 10 historic moments in the Clash

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NASCAR’s preseason non-points race, now known as the Busch Light Clash at the Coliseum, was born in 1979 with the idea of testing the sport’s fastest drivers and cars on one of racing’s fastest tracks — Daytona International Speedway.

The concept was driver vs. driver and car vs. car. No pit stops. Twenty laps (50 miles) on the Daytona oval, with speed and drafting skills the only factors in victory.

Originally, the field was made up of pole winners from the previous Cup season. In theory, this put the “fastest” drivers in the Clash field, and it also served as incentive for teams to approach qualifying with a bit more intensity. A spot in the Clash the next season meant extra dollars in the bank.

The race has evolved in crazy directions over the years, and no more so than last year when it was moved from its forever headquarters, the Daytona track, to a purpose-built short track inside the Los Angeles Memorial Coliseum.

MORE: Toyota looking to expand its NASCAR presence

Over the decades, virtually everything about the race changed in one way or another, including the race length, eligibility requirements, format, calendar dates, sponsorship and title. From 1979-2020, the race was held on Daytona’s 2.5-mile oval and served as a sort of preview piece for the Daytona 500, scheduled a week later. In 2021, it moved to Daytona’s road course before departing for the West Coast last season.

Here’s a look at 10 historic moments in the history of the Clash:

NASCAR Power Rankings

1. 2022 — Few races have been as anticipated as last year’s Clash at the Coliseum. After decades in Daytona Beach, NASCAR flipped the script in a big way and with a big gamble, putting its top drivers and cars on a tiny temporary track inside a football stadium. Joey Logano won, but that was almost a secondary fact. The race was a roaring success, opening the door for NASCAR to ponder similar projects.

2. 2008 — How would Dale Earnhardt Jr. handle his move from Dale Earnhardt Inc. to Hendrick Motorsports? The answer came quickly — in his first race. Junior led 46 of the 70 laps in winning what then was called the Budweiser Shootout, his debut for Hendrick. The biggest action occurred prior to the race in practice as Tony Stewart and Kurt Busch tangled on — and off — the track. Both were called to the NASCAR trailer, where the incident reportedly accelerated. Both received six-race probations.

3. 2012 — One of the closest finishes in the history of the Clash occurred in a race that produced a rarity — Jeff Gordon’s car on its roof. Kyle Busch and Gordon made contact in Turn 4 on lap 74, sending Gordon into the wall, into a long slide and onto his roof. A caution sent the 80-lap race into overtime. Tony Stewart had the lead on the final lap, but Kyle Busch passed him as they roared down the trioval, winning the race by .013 of a second.

MORE: Surveying key race dates for 2023

4. 1984 — A race that stands out in Ricky Rudd’s career, and not in a fun way. Neil Bonnett won the sixth Clash, but the video highlights from the day center on Rudd’s 15th-lap crash. He lost control of his car in Turn 4 and turned sideways. As Rudd’s car left the track, it lifted off the surface and began a series of flips before landing on its wheels, very badly damaged. Safety crews removed Rudd from the car. He suffered a concussion, and his eyes were swollen such that he had to have them taped open so he could race a few days later in a Daytona 500 qualifier.

5. 1980 — The second Clash was won by Dale Earnhardt, one of Daytona International Speedway’s masters. This time he won in unusual circumstances. An Automobile Racing Club of America race often shared the race day with the Clash, and that was the case in 1980. The ARCA race start was delayed by weather, however, putting NASCAR and track officials in a difficult spot with the featured Clash also on the schedule and daylight running out. Officials made the unusual decision of stopping the ARCA race to allow the Clash to run on national television. After Earnhardt collected the Clash trophy, the ARCA race concluded.

6. 1994 — Twenty-two-year-old Jeff Gordon gave a hint of what was to come in his career by winning the 1994 Clash. Gordon would score his first Cup point win later that year in the Coca-Cola 600 at Charlotte, but he also dazzled in the Clash, making a slick three-wide move off Turn 2 with two laps to go to get by Dale Earnhardt and Ernie Irvan. He held on to win the race.

7. 2006 — Upstart newcomer Denny Hamlin became the first rookie to win the Clash. Tony Stewart, Hamlin’s Joe Gibbs Racing teammate, had the lead with four laps to go, but a caution stacked the field and sent the race into overtime. Hamlin fired past Stewart, who had issues at Daytona throughout his career, on the restart and won the race.

8. 2004 — This one became the duel of the Dales. Dale Jarrett passed Dale Earnhardt on the final lap to win by .157 of a second. It was the only lap Jarrett led in the two-segment, 70-lap race.

MORE: Legacy MC looking to make a leap forward

9. 1979 — The first Clash, designed by Anheuser-Busch to promote its Busch beer brand, drew a lot of attention because of its short length (20 laps) and its big payout ($50,000 to the winner). That paycheck looks small compared to the present, but it was a huge sum in 1979 and made the Clash one of the richest per-mile races in the world. Although the Clash field would be expanded in numerous ways over the years, the first race was limited to Cup pole winners from the previous season. Only nine drivers competed. Buddy Baker, almost always fast at Daytona, led 18 of the 20 laps and won by about a car length over Darrell Waltrip. The race took only 15 minutes.

10. 2020 — This seemed to be the Clash that nobody would win. Several huge accidents in the closing miles decimated the field. On the final restart, only six cars were in contention for the victory. Erik Jones, whose car had major front-end damage from his involvement in one of the accidents, won the race with help from Joe Gibbs Racing teammate Denny Hamlin, who was one lap down in another damaged car but drafted behind Jones to push him to the win.

 

 

 

SunnyD to sponsor Kevin Harvick in two races, Riley Herbst in Daytona 500

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Kevin Harvick has picked up a sponsor for the new season, and Riley Herbst has picked up a ride in the Daytona 500.

Stewart-Haas Racing announced Tuesday that orange drink SunnyD will be the primary sponsor for Harvick’s No. 4 Ford at Darlington Raceway (May 14) and Kansas Speedway (Sept. 10).

SunnyD also will be the sponsor for Herbst as he joins the entry list for the Daytona 500 in the No. 15 Rick Ware Racing car. The orange drink also will be an associate sponsor for Herbst in the No. 98 Xfinity car fielded by Stewart-Haas Racing in the Xfinity Series.

The 2023 season will be Harvick’s final year as a full-time Cup driver.

MORE: Toyota looking to expand its presence in NASCAR

The Daytona 500 will mark Herbst’s first Cup Series start. The 24-year-old native of Las Vegas has made 109 Xfinity Series starts.

“It’s great to have Riley making his first NASCAR Cup Series start with RWR and be a part of the next step in his career,” said team owner Rick Ware in a statement released by the team.

“As a kid you always dream of being able to race in the Daytona 500, and I’m able to accomplish that with Rick Ware Racing,” Herbst said. “It’s such a big event and for it to be my first Cup start will be a crazy experience.”

 

 

RFK Racing, Trackhouse Racing, Hendrick Motorsports announce sponsors

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RFK Racing, Trackhouse Racing and Hendrick Motorsports each announced primary sponsorship deals Monday.

King’s Hawaiian, which served as a primary sponsor in three races last year, returns to RFK Racing and Brad Keselowski’s No. 6 car this year. King’s Hawaiian will expand its role and be a primary sponsor for nine races. 

The first race with the sponsor will be this weekend’s Busch Light Clash at the Los Angeles Memorial Coliseum. King’s Hawaiian also will be the primary sponsor on Keselowski’s car for Atlanta (March 19), Bristol Dirt (April 9), Kansas (May 7), World Wide Technology Raceway (June 4), Sonoma (June 11), Pocono (July 23), Daytona (Aug. 26) and Martinsville (Oct. 29).

Jockey returns to sponsor the Trackhouse cars of Ross Chastain and Daniel Suarez for three races each this season with its Made in America Collection.

Jockey will be on the No. 99 car for Suarez at this weekend’s Busch Light Clash, the Bristol Dirt Race (April 9) and  Martinsville (Oct. 29).

Chastain’s No. 1 car will have Jockey as the primary sponsor at Richmond (April 2), Dover (April 30) and Michigan (Aug. 6).

Hooters returns to Hendrick Motorsports and will be the primary sponsor on the No. 9 car of Chase Elliott for the Bristol Dirt Race (April 9), the Chicago street course event (July 2) and Homestead-Miami Speedway (Oct. 22).

Toyota has ‘irons in the fire’ for expanding its lineup in NASCAR Cup Series for 2024

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DAYTONA BEACH, Fla. – Toyota Racing Development is making a renewed push to expand its lineup in the NASCAR Cup Series, and president David Wilson is optimistic about adding new teams for 2024.

“We’ve got some good irons in the fire now,” Wilson told NBC Sports last weekend at Daytona International Speedway. “What was once a very effective strategy to amass our resources across fewer cars, with the marginalization of the areas that we have to play in and the flattening out of the playing field, we definitely need some more help.”

When TRD entered NASCAR’s premier series as a fourth manufacturer 16 years ago, the target was fielding roughly a quarter of the 43-car field. But Toyota’s Cup fleet always has remained in the single digits even as NASCAR shrunk to three manufacturers and a 40-car field.

Last year, there were six full-time Camrys in Cup between Joe Gibbs Racing (four) and 23XI Racing (two). Wilson said “nine to 10 cars is probably our sweet spot with this new car.”

Over the past two years, TRD has talked to teams within NASCAR and at least two potential car owners who had yet to enter racing. Wilson declined to say if Toyota now is focused on existing or new teams but did rule out a Chevrolet or Ford anchor team such as Hendrick Motorsports or Team Penske.

“We’re talking to a lot of the incumbents,” Wilson told NBC Sports. “It’s a very dynamic time right now. If you’re a team, you want to have an association with a manufacturer. Again, even in spite of the new car, the flattening of the playing field, there’s still something about having an alliance and partnership. The good news is there’s a lot of interest. The bad news is you don’t have to worry about Penske or Hendrick.

“So what’s interesting from a fan standpoint, what’s going to continue to drive interest in our sport is the trajectory of some of the smaller organizations. The Tier 2 or 3 and how they get better. And that’s good for the sport, because as we saw last year, the number of teams that won, the number of drivers that won was historically unprecedented.”

The Next Gen made its debut in NASCAR last year with the goal of reducing costs through standardization of the chassis and parts supplied by single-source vendors while also reducing development expenses. While primarily intended to introduce a more cost-effective team business model, the Next Gen also delivered a new era of competitiveness in its inaugural season. The 2022 season tied a modern-era record with 19 race winners, and the Championship 4 breakthrough by Trackhouse Racing (with Ross Chastain) was indicative of a new crop of teams able to contend outside of the traditional powerhouses.

Wilson also believes the Next Gen should allow TRD to pursue more teams without breaking the bank.

“My budget doesn’t extrapolate with added cars, so it’s a matter of allocating the same resource across more cars and not taking away from your current effort,” Wilson said. “But again, that’s more doable now because we’re much more constrained with our wind tunnel time as an example. That’s a resource that we pay, a number of dollars per hour, and NASCAR continues to trim that back. It wouldn’t surprise me in a couple of years if there is no wind tunnel other than for body submissions purposes. They’re being very intentional and thoughtful about trying to keep coming back into areas where the team feel they have to spend or OEMs feel they have to spend.”

Manufacturer investment remains important, though, and Wilson takes some solace (while also gritting his teeth) about the impact Toyota has made in NASCAR.

After a rough debut in 2007, TRD added Joe Gibbs Racing in 2008 and also opened a technical center in Salisbury, North Carolina, that helped drive its approach of getting its teams to work closely together.

It’s been an approach adopted by Ford and Chevrolet over the past decade. Ford opened its tech center in Concord several years ago, and General Motors opened a new 130,000-square-foot performance and tech center last year (just down the road from Hendrick Motorsports headquarters) with NASCAR operations overseen by Dr. Eric Warren.

“To suggest that we don’t have areas to work in, all you have to do is look at the monstrosity that General Motors has built in Concord,” Wilson said. “I haven’t been invited to tour it yet, but I have talked to some folks that have been through, and hats off to Eric and the guys there. They’re investing significant resources. Can’t say that I’m not a little envious.

“We cut the ribbon (on the Salisbury facility) in 2008, and it seems like just yesterday. What I love about this world or what I hate about it, if you’re not constantly moving forward, you’re falling behind. I love it that our competitors are re-evaluating how they participate. Not that they’re following our lead, but when we came in the sport, we were the only ones doing it this way. Getting our hands dirty and really participating is material to the return on that investment. I’m glad that there are others doing the same thing, but it does cause us to look forward and look at what we need to do to make sure that we remain competitive.

“It’s competition. It makes all of us better, and I like that side of it. That’s a microcosm of the greater automotive industry. When Toyota came to this country, ultimately we helped the competition indirectly get better because they had something different to compete against. That’s kind of fun.”

Wilson was at Daytona International Speedway last weekend to watch Vasser Sullivan’s No. 14 Lexus finish third in the GTD Pro category of the Rolex 24 at Daytona.