Furniture Row Racing to cease operations after 2018 season

20 Comments

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.”

Kyle Busch dominates to Truck win at Las Vegas

Getty Images
Leave a comment

LAS VEGAS (AP) — Kyle Busch extended his NASCAR Truck Series victory record to 57 in his hometown Friday night, leading 108 of 134 laps at Las Vegas Motor Speedway.

The reigning NASCAR Cup Series champion swept both stages and finished 5.958 seconds ahead of Johnny Sauter. Busch has won seven straight races in the series, including all five he entered last season.

Austin Hill was third, followed by defending series champion Matt Crafton and Ben Rhodes. Grrant Enfinger, who opened the season with an overtime victory at Daytona, did not finish after an accident with 43 laps to go.

Christian Eckes was right behind Busch in the opening two stages, but he finished 23rd after an early final-stage wreck.

Results

Driver standings

Jimmie Johnson tops final Cup practice at Las Vegas

Getty Images
Leave a comment

Jimmie Johnson was the fastest driver in Friday’s second and final NASCAR Cup practice of the weekend at Las Vegas Motor Speedway.

The seven-time Cup champion hasn’t won a race since 2017, but showed plenty of speed, pacing the 38 cars that took to the 1.5-mile track, clocking a best speed of 179.432 mph.

Johnson and his Chevrolet were followed by five Fords.

Clint Bowyer, who was second-fastest in the first practice earlier in the day, was once again second-fast in the final session at 179.271 mph.

Aric Almirola, who was fastest in the first practice, was third-fastest in the final session at 179.170 mph.

Rounding out the top-5 were Kevin Harvick (179.015 mph) and Matt DiBenedetto (178.814 mph).

Sixth through 10th were Ross Chastain (178.660 mph), who will be filling in for the injured Ryan Newman in Sunday’s Pennzoil 400, followed by Kyle Larson (178.424), Ryan Blaney (178.359), John Hunter Nemechek (178.259) and Alex Bowman (178.089).

Final Cup practice results

Follow @JerryBonkowski

Next goals for Daytona winner Denny Hamlin: double-digit wins, Cup crown

Getty Images
Leave a comment

There was a time when Denny Hamlin’s best memories of the Daytona 500 were to just go home relatively unscathed.

Consider this: In Hamlin’s first six appearances in the Great American Race, his highest finish was 17th.

But after a breakthrough 4th-place finish in 2012, he has become the best overall performer in the 500 among active drivers.

“I don’t know what it is, but I think I started studying more about superspeedway racing around that time because I had been so unsuccessful for a very long time,” Hamlin said Friday during a media session at Las Vegas Motor Speedway.

“We went a long time and I’ve won a lot of the Clashes and Duel races, but not many like Talladega – I think I have one win there – but it just seems like it’s that seven or eight years ago that the car came around and whatever techniques I use or I’ve adapted to this car have seemed to work.”

In the last seven editions of the 500, Hamlin has finished 2nd (2014), 4th (2015), 1st (2016), 17th (2017), 3rd (2018), 1st (2019) and 1st again this past Monday.

Do the math and that’s three wins – making him only the sixth driver in NASCAR history to win the 500 three or more times – and seven overall top-5 finishes in the last nine season openers.

Hamlin knew that getting his second 500 win in a row – both outcomes being the closest finishes in the race’s 62-year history – and third in the last five years was basically going to come down to a battle between him, Ryan Newman and Ryan Blaney.

With emphasis on Newman, that is, before he was involved in that horrific last lap crash on the front stretch heading toward the checkered flag.

“I pulled the block on (Newman) coming to the white (flag) and I stayed in front and I knew he was going to back up to (Blaney),” Hamlin said. “I was trying to back up myself, but once (Newman) was attached (to Blaney), I knew they were going to come with a run I could not stop.

“I just held my line because if I started going sideways, the next thing you know (Newman) starts moving sideways and (Blaney) is already hooked to him, so he’s probably going to push him sideways into me.

“I just wanted to hold a straight line to let them know hey, pass this way, and when I did I was able to back to (Blaney) and was able to unattach him from (Newman). When I slowed his momentum, that allowed me to really tuck in right behind him. I don’t know if he checked up to keep us attached but once we got attached, I knew we were going to have a run back on (Newman).

“I knew he was going to get there, I didn’t know what was going to happen when he did get there, but certainly it worked out in my favor. I thought I was going to get back around (Blaney) at the (finish) line if there was no crash, but I wasn’t sure I was going to get all the way back to (Newman). I knew those two were going to jostle and I was just hoping to be in the right place when it happened and I was.”

Not having any 500 wins of his own, Joe Gibbs Racing teammate Kyle Busch is envious of Hamlin’s three triumphs.

“Denny has really gotten way better ever since this car,” Busch said of Hamlin and how he’s adapted to the Gen 6 car in recent years. “He was always an aggressive plate racer, one that would make moves that you’re kind of, ‘Man, if he would just stay in line, I think this would turn out better.’

“He still does that today, but he’s making it work for himself, that not staying in line is better for Denny. I think since this car came though, he’s been a real good plate racer.

“He’s been fantastic at the game, he’s understood it, he’s made moves that I sometimes wouldn’t make that have worked, he’s able to pass a guy to get in line. … He’s very knowledgeable and skillful In making his moves and passes.”

Going forward from Daytona, Hamlin said his next goal is double-digit wins this season. If so, he’d become the first driver to earn 10 or more wins in a season since Jimmie Johnson did so in 2007 when the seven-time champ won 10 races.

“I’d be satisfied with that and then beyond that would be nice,” Hamlin said. “I think that the championship is an easy goal that anyone just throws out – win a championship, but that comes down to one race.

“If you can win a significant amount of races, it shows a bigger picture of your full year. If you make it to the Final Four, that’s a bigger picture of your entire year (Hamlin has reached the final four just twice since the format was introduced in 2014 — third that year and fourth last season). I think the championship – a successful year is making the Final Four. Anything after that is just whatever it is.

“Certainly we set lofty goals. I think everyone sets huge and lofty goals, but certainly we’re going to push ourselves to better what we did last year and it starts with Daytona and we’re able to repeat there so then let’s get a win now before we get to Texas to keep ourselves on pace or better from last year.”

Follow @JerryBonkowski

Johnny Sauter on pole for tonight’s Truck race in Las Vegas

Getty Images
Leave a comment

Johnny Sauter will start from the pole in tonight’s Strat 200 Gander RV and Outdoors Truck Series race at Las Vegas Motor Speedway.

Sauter earned the eighth career pole of his Truck Series career – and first since 2018 – by topping the other 34 drivers that made qualifying attempts with a speed of 177.836 mph.

Sheldon Creed (177.643 mph) will start alongside Sauter on the front row for tonight’s race.

The rest of the top 10 qualifiers were Kyle Busch (177.282 mph), making his first Truck Series start of the season, followed by Christian Eckes (177.189 mph), Ty Majeski (177.189), Austin Hill (176.788 mph), Tyler Ankrum (176.275), Raphael Lessard (176.056), Grant Enfinger (176.010) and Brett Moffitt (175.890).

Tonight’s race starts shortly after 9 p.m. ET (FS1, Performance Racing Network and SiriusXM NASCAR Radio).

Trucks qualifying results

Follow @JerryBonkowski