Furniture Row Racing to cease operations after 2018 season

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Furniture Row Racing, the reigning Cup championship team, announced Tuesday it will cease operations after this season, citing a lack of necessary funding.

“I’ve always felt that we could be a competitive team and run for a championship even when it seemed like a pipe dream to many racing insiders,” car owner Barney Visser said in a statement. “But to be successful in any business you need to assemble the right people and make a strong commitment to succeed. We achieved what we set out to do and feel like we climbed Mount Everest. To continue with anything less than a competitive team would not be acceptable. It’s been one incredible ride.”

The announcement comes less than a month after car Visser issued a statement that “not fielding a team in 2019 is not an option and we have every intention of continuing to build on our success for years to come.”

The move also comes after primary sponsor 5-hour Energy announced in July that it would no longer remain in NASCAR after this season. 5-hour Energy is serving as co-primary sponsor of the team with Bass Pro Shops for 30 races this year. Furniture Row Racing was unable to find any income to replace what it would be losing.

“This is not good for anybody,” Visser said in a statement about closing the team down after this season. “The numbers just don’t add up. I would have to borrow money to continue as a competitive team and I’m not going to do that. This was obviously a painful decision to arrive at knowing how it will affect a number of quality and talented people.

“We’ve been aggressively seeking sponsorship to replace 5-hour ENERGY and to offset the rising costs of continuing a team alliance with Joe Gibbs Racing but haven’t had any success. I feel that it’s only proper to make the decision at this time to allow all team members to start seeking employment for next year. I strongly believe that all of our people have enhanced their careers by working at Furniture Row Racing.”

This announcement comes as Martin Truex Jr. is third in the points after winning his first series title last season.

Truex, who joined Furniture Row Racing in 2014 as the driver of the No. 78 car, said: “While I am saddened by today’s announcement, I totally understand the decision. Barney Visser, Joe Garone and the entire Furniture Row Racing team took me in while my career was in a bad place, and together we reached the pinnacle of the sport. I will forever be grateful to each and every one of them, and also to Furniture Row, Denver Mattress and the Visser family.

“But make no mistake this is not the immediate end. We still have unfinished business to attend to and that’s to give everything we have to successfully defend our Monster Energy NASCAR Cup Series championship. Right now that is foremost on my mind as it is with the entire team.”

With Furniture Row Racing leaving after this season, it will have a charter to sell. That will be among the more valuable charters. Cup charters guarantee a starting spot in each race but also a set amount of money per race. One portion of the team payments is based on performance in the past three years. Furniture Row Racing has made the playoffs each of the past two years and will again make the playoff this season.

Furniture Row Racing, based in Denver, Colorado, started its NASCAR program in 2005 as an Xfinity team before moving to Cup. The team made its Cup debut in Nov. 13, 2005 at Phoenix with Jerry Robertson. He started 43rd and finished 41st, completing 51 laps.

The team’s first Cup victory was by Regan Smith in the 2011 Southern 500 at Darlington Raceway. The team has since scored 17 more wins with Truex, including victories this season at Auto Club Speedway, Pocono Raceway, Sonoma Raceway and Kentucky Speedway. Furniture Row Racing has won 12 of the last 59 Cup races (16.9 percent).

Others who drove for Furniture Row Racing included Erik Jones, Kurt Busch, Kenny Wallace, Joe Nemechek and Jimmy Spencer.

“There are so many people I want to thank because without them winning a championship and being competitive would never have happened: Joe Gibbs Racing for our technical alliance, Toyota and TRD (Toyota Racing Development), Bass Pro Shops, 5-hour ENERGY, Auto-Owners Insurance, Furniture Row and Denver Mattress,” Visser said in a statement from the team.

“A heartfelt thank you to Joe Garone, Martin Truex Jr, Cole Pearn and all of our team members for their talent, dedication and sacrifices they made along the way. To the Furniture Row and Denver Mattress employees I want to express a special thank you for always having my back from the early years of our race team to our championship run.

“I also want to thank the fans, the Denver community, NASCAR, International Speedway Corporation (ISC), Speedway Motorsports Inc. (SMI) and independent track owners for providing and maintaining the venues that we compete at. A special tip of the hat to the media and to NASCAR’s broadcast partners – FOX, NBC, Motor Racing Network (MRN), Performance Racing Network (PRN) and SiriusXM Radio. We’ve always been treated fairly by members of the media and I appreciate their hard work in one of the most demanding schedules in major league sports.”

NASCAR issued a statement Tuesday: “NASCAR wishes the very best to Barney Visser and his family. Barney has been a successful owner and an amazing champion, and his presence will certainly be missed. We look forward to seeing Martin Truex Jr., Cole Pearn and the entire No. 78 team finish the 2018 season strong and competing for another championship. NASCAR will continue to work on growing the sport and working with the race teams on competitive and operational excellence. Much of those efforts have already been put in place, and will continue to be a focus.”

Car owner Joe Gibbs, whose team is aligned with Furniture Row Racing, said in a statement: “We have a great partnership with Barney and everyone at Furniture Row Racing. It’s unfortunate that they will not be continuing after this season and I know it was a difficult decision for them. They have accomplished so much and I know they would like nothing more than to win another championship this season.”

In a statement, Laura Pierce, General Manager for Motorsports, Toyota Motor North America (TMNA) said: “We want to thank Barney Visser, Joe Garone, Martin, Cole and everyone at Furniture Row Racing for a successful partnership over the past few years. The team’s dedication and hard work in the sport was instrumental to our racing family as they helped us win our first NASCAR Cup Series manufacturer’s championships as well as reach the pinnacle of the sport with last year’s championship. We look forward to continuing to work with the Furniture Row Racing team as they defend their championship in the upcoming playoffs.”

FanVision closes due to impact of COVID-19 pandemic

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FanVision Entertainment, the company that produces video devices used by race fans at NASCAR events, has ceased operations due to the financial impact of the COVID-19 pandemic.

The news was announced in a statement from Racing Electronics, the company which sold and supported FanVision devices at NASCAR tracks through a license with FanVision Entertainment.

Racing Electronics, which is owned by NASCAR, can no longer sell or support the devices.

“We recognize this news will be met with disappointment by motorsports fans across the country who utilized FanVision’s products as part of their at-track experience,” Racing Electronics president Chad Willis said in a statement.

“To help fans and industry members transition to Racing Electronics products, we are working with existing FanVision device owners to solve their race day needs. When Racing Electronics returns to the track, fans and industry members will have access to all the sounds that make racing so special.”

RCR, Hendrick to collaborate on Chevy engine

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Hendrick Motorsports and Richard Childress Racing will team up on research and development of a common Chevrolet engine after the conclusion of the 2020 season, the teams announced Thursday.

The two organizations will continue to function independently as they “fully leverage the knowledge and intellectual property of our two successful programs to advance Chevrolet’s engine for NASCAR,” they said in a joint statement.

Engines produced by Hendrick Motorsports and Richard Childress Racing (via ECR Engines) have earned a combined 20 Cup titles and the two teams have totaled 369 Cup wins.

Jeff Andrews, the new executive vice president at Hendrick Motorsports, told SiriusXM NASCAR Radio’s “The Morning Drive” Thursday that discussions about the venture between his team and RCR began two years ago.

“The day was going to come when we really needed to figure out how to get these two programs together,” Andrews said. “A tremendous amount of talent, people and a tremendous amount of equipment and resources between the two programs. How could we do this? How could we take the longstanding heritage between these two companies and get that together to start working on an alliance that truly would produce the ultimate powertrain for Chevrolet NASCAR?”

RCR is headquartered in Welcome, North Carolina and Hendrick’s campus is in Concord, North Carolina.

“I think when you step back and look at it, ultimately you have to get to a point to where, when you have these resources and you have these people, we have to do what’s best for Chevrolet, first and foremost, to continue to push their performance and get them back to the front of the field and get them wins and championships,” Andrews said. “Really, we work together in a very similar fashion. We started two years ago on the aerodynamic side with our groups working very close together and we’re kind of taking somewhat of that template and applying to the engine side in starting this joint alliance.”

Chevrolet last won a Cup title in 2016 when Jimmie Johnson earned his record-tying seventh championship. Since then, Chevy has not had a car reach the championship four.

The Cup Series is in the middle of the Round of 12. The series races Sunday at Talladega Superspeedway (2 p.m. ET on NBC).

Of the 12 cars that remain, four are Chevrolets: Richard Childress Racing’s Austin Dillon, Hendrick Motorsports’ Chase Elliott and Alex Bowman and Chip Ganassi Racing’s Kurt Busch.

Chevrolet cars have won six times through 30 races this season. That’s compared to seven wins in all of 2019, four in 2018 and and 10 in 2017.

NASCAR weekend schedule for Talladega

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The NASCAR playoffs roll on this weekend to Talladega Superspeedway.

All three national series will be racing on NASCAR’s largest oval. The weekend will be capped off by the Cup Series’ Round of 12 race.

More: Denny Hamlin on pole for Cup race at Talladega

MORE: 2021 Cup schedule features new tracks, bold changes 

Here is the weekend schedule for Talladega:

(All times Eastern)

Friday, Oct. 2

Noon – 2 p.m. – Driver motorhome parking (screening in progress)

1 – 3 p.m. – Truck Series haulers enter (screening and equipment unload)

3 – 9 p.m. – Truck Series garage open

3 – 8 p.m. – Truck Series garage access screening

3:30 – 4 p.m. – Truck Series rookie meeting (teleconference)

5:30 p.m. – Xfinity rookie meeting (teleconference)

6 p.m. – Xfinity driver-crew chief meeting

8:30 – 10:30 p.m. – Xfinity haulers enter (screening in progress)

 

Saturday, Oct. 3

7:30 a.m. – Xfinity garage opens

7:30 a.m. – 3:30 p.m. – Xfinity garage access (screening in progress)

10 a.m. – Truck Series garage opens

10 a.m. – Noon – Truck Series garage access (screening in progress)

12:45 p.m. – Truck Series drivers report to vehicles

1 p.m. – Truck Series race; 94 laps/250.04 miles (FS1, Motor Racing Network, SiriusXM NASCAR Radio)

4 p.m. – Truck Series haulers exit

4:05 p.m. – Xfinity drivers report to cars

4:30 p.m. – Xfinity race; 113 laps/300.58 miles (NBCSN, MRN, SiriusXM NASCAR Radio)

5:30 p.m. – Cup rookie meeting (electronic communication)

6 p.m. – Cup driver-crew chief meeting (electronic communication)

7:30 p.m. – Xfinity haulers exit

8:30 – 10:30 p.m. – Cup haulers enter (screening in progress and equipment unload)

 

Sunday, Oct. 4

7 a.m. – Cup garage opens

7 a.m. – 1 p.m. – Cup garage access screening in progress

1:30 p.m. – Cup drivers report to cars

1:30 p.m. – Driver introductions

2 p.m. – Cup race; 188 laps/500 miles (NBC, MRN, SiriusXM NASCAR Radio)

6:30 p.m. – Cup haulers exit

2021 NASCAR Cup schedule features new tracks, bold changes

Photo by Patrick Smith/Getty Images
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The 2021 Cup schedule features the first race on a dirt track for the series in more than 50 years, three new venues and six road course points races.

Responding to fan interest, the series adds three road course events to the 2021 schedule. Those new races are May 23 at Circuit of the Americas, July 4 at Road America and Aug. 15 on the Indianapolis Motor Speedway road course. The other points races on road courses in 2021 will be at Sonoma, Watkins Glen and the Charlotte Roval. The Daytona road course will host the Busch Clash exhibition race.

The race that might gain the most attention, though, could be the March 28 Cup race at Bristol. The track will be converted to dirt.

There are no midweek races. Pocono Raceway continues to have the only doubleheader weekend. There is a two-week break in late July/early August during the Olympics. NBC’s portion of the schedule will begin with the June 20 race at Nashville Superspeedway.

Steve O’Donnell, NASCAR executive vice president & chief racing development officer, says the plan is to have practice and qualifying for new venues (Circuit of the Americas, Road America, Nashville) and new configurations (Indy road course) along with key events (Daytona 500, Coca-Cola 600 and Phoenix championship weekend). The plan is for the other races to be one-day shows.

The schedule is flush with change. Here’s a look at those changes:

NEW EVENTS

March 28 – Bristol Dirt race: It is the first Cup race on dirt since 1970 at Raleigh, a race won by Richard Petty.

May 9 – Darlington: The track that NASCAR returned to after the season was halted by the COVID-19 pandemic this year will host two races in 2021. The track adds a spring date and it will be run on Mother’s Day. It will be only the third time in the last 40 years Cup has run on Mother’s Day. The added race comes from Michigan International Speedway, which will have one race in 2021.

May 23 – Circuit of the Americas: Inaugural race for the series on the road course in Austin, Texas that has hosted Formula One and IndyCar, among other series.

June 13 – All-Star Race at Texas Motor Speedway: First time the All-Star race has been held at this track. Marks third different year for the event after being in Charlotte in 2019 and Bristol this year.

June 20 – Nashville: The 1.333-mile track will hold its first race for Cup. The track hosted Xfinity and Truck races from 2001-11. The date comes from a Dover, leaving that race with one NASCAR race weekend in 2021. This weekend begins NBC Sports’ coverage of NASCAR races.

July 4- Road America: Will host the Cup Series for the first time. Gets holiday weekend with July 4 date. The date comes from Chicagoland Speedway, which will not have a NASCAR race in 2021.

July 11 – Atlanta: Kentucky race date moves to Atlanta to give track a second race. The first race at the track in 2021 will be March 21.

Aug. 15 – Indianapolis road course: After comping on the oval since 1994, Cup moves to the road course. Will be a part of a race weekend with the IndyCar Series. 

OTHER DATES OF NOTE

Feb. 21 – Miami: Moves to second race of the season and comes a week after Daytona 500.

Feb. 28 – Auto Club: Moves up a week earlier and this will be its last race as a 2-mile track. Track will be converted into a short track after this event for 2022.

April 10 – Martinsville: Track hosted its first night race in June but did not have fans because of the coronavirus. This April race will be at night. Provided fans will be allowed at that point, it will be their first time to witness a night Cup race there.

July 25 & Aug. 1: No Cup races because of the Olympics. 

Sept. 5 – Nov. 7: Cup playoffs. Same 10 tracks as 2020. Only difference is Texas and Kansas flip-flop weekends in the Round of 8. Texas will open that round on Oct. 17. Kansas will follow on Oct. 24. Round of 8 ends at Martinsville on Oct. 31. Phoenix again will host the title race, doing so Nov. 7.

 

2021 NASCAR CUP SERIES SCHEDULE

(Times, weekend schedule and TV info to be announced later)

 

Date Race / Track
Tuesday, February 9 Clash (Daytona Road Course)
Thursday, February 11 Duel at Daytona
Sunday, February 14 Daytona 500
Sunday, February 21 Homestead-Miami
Sunday, February 28 Auto Club
Sunday, March 7 Las Vegas
Sunday, March 14 Phoenix
Sunday, March 21 Atlanta
Sunday, March 28 Bristol Dirt
Saturday, April 10 Martinsville
Sunday, April 18 Richmond
Sunday, April 25 Talladega
Sunday, May 2 Kansas
Sunday, May 9 Darlington
Sunday, May 16 Dover
Sunday, May 23 COTA
Sunday, May 30 Charlotte
Sunday, June 6 Sonoma
Sunday, June 13 All-Star (Texas)
Sunday, June 20 Nashville Superspeedway
Saturday & Sunday, June 26-27 Pocono Doubleheader
Sunday, July 4 Road America
Sunday, July 11 Atlanta
Sunday, July 18 New Hampshire
Sunday, August 8 Watkins Glen
Sunday, August 15 Indianapolis Road Course
Sunday, August 22 Michigan
Saturday, August 28 Daytona
Sunday, September 5 Darlington
Saturday, September 11 Richmond
Saturday, September 18 Bristol
Sunday, September 26 Las Vegas
Sunday, October 3 Talladega
Sunday, October 10 Charlotte Roval
Sunday, October 17 Texas
Sunday, October 24 Kansas
Sunday, October 31 Martinsville
Sunday, November 7 Phoenix
  • Races in bold are playoff races