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New owners purchase Furniture Row Racing’s charter

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Spire Sports + Entertainment, an agency that represents drivers and sponsors and works with some NASCAR teams, has purchased Furniture Row Racing’s charter, NBC Sports confirmed Tuesday.

The new team’s car number will be 77. The team will field Chevrolets. Driver, sponsor and an alliance will be announced at a later date.

The team will be co-owned by Jeff Dickerson and T.J. Puchyr, among the founders of Spire.

“We think this is the perfect time to buy in,” Dickerson told NBC Sports about why the company was moving into the role of a car owner and purchasing a charter. “Our guys sit in board rooms and tell people how much they believe in the sport. We believe in this sport. We believe in the leadership.”

The Furniture Row Racing charter is the most valuable charter to be sold. Part of the money paid to teams with charters is based off performance the past three years. With a championship and runner-up finish the past two years, the Furniture Row Racing charter will provide more money than any of the previous charters that have been sold. Furniture Row Racing ceased operations after this season.

A NASCAR spokesperson said that the sanctioning body does not reveal the price of charters but NBC Sports has learned that this is the most paid for a charter. The only charter price that has been revealed came from the sale of BK Racing’s charter through bankruptcy court in August. Front Row Motorsports purchased that charter and team equipment for $2.08 million.

There are 36 charters in Cup. A charter team is guaranteed a starting spot each race. To maintain the charter, a team must compete in every race.

This will be the first time for Dickerson and Puchyr to be Cup car owners. They can provide the new ownership that some have questioned for the sport as the current group of owners age.

Spire Sports + Entertainment was founded in 2010. Among the drivers the company represents are: Kyle Larson, James Hinchcliffe, Landon Cassill, Ross Chastain, Todd Gilliland, Justin Haley, Vinnie Miller and Garrett Smithley.

Spire Sports + Entertainment also provides services to Hendrick Motorsports, Chip Ganassi Racing, GMS Racing and Toyota Racing Development.

 

 

One Cup, six Xfinity teams docked practice time Friday

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HOMESTEAD, Fla. – Chase Elliott is the only Cup driver who will be penalized practice time Friday at Homestead-Miami Speedway, while six Xfinity teams, including one title contender will miss practice time.

Elliott will miss 15 minutes for being late to inspection last weekend at Phoenix. Cup practice is from 1 – 2:20 p.m. ET on NBCSN.

Xfinity title contender Christopher Bell will miss 30 minutes of opening practice for failing inspection three times last week at Phoenix. The cars of Josh Bilicki and Chase Briscoe also will miss 30 minutes for the same infraction.

David Starr will be docked 15 minutes of practice for being late to inspection last week at Phoenix. The cars of Vinnie Miller and Stephen Leicht will miss 15 minutes for failing inspection twice.

Opening Xfinity practice is from 2:35 – 3:25 p.m. ET on NBCSN.

One Cup team, nine Xfinity teams docked practice time Friday at Texas

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FORT WORTH, Texas – Kyle Weatherman‘s Cup car will be penalized 15 minutes of practice and nine Xfinity teams will lose 15 minutes Friday at Texas Motor Speedway.

Weatherman will miss practice time for being late to post-qualifying/pre-race inspection last weekend at Martinsville.

Cup practice is from 2 – 2:55 p.m. ET on NBCSN.

In the Xfinity Series, the cars of BJ McLeod, Ryan Truex, Ryan Reed, John Hunter Nemechek, Josh Bilicki, Jeremy Clements, Bayley Currey, Bobby Earnhardt and Vinnie Miller will be docked 15 minutes.

The cars of McLeod, Bilicki, Currey, Earnhardt and Miller were penalized for being out of the garage late. The cars of Truex, Reed, Nemechek and Clements were penalized for failing inspection twice at Kansas.

The first Xfinity practice is from 3:05 – 3:50 p.m. ET today on the NBC Sports App.

Ross Chastain wins Xfinity pole for today’s race

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DARLINGTON, S.C. – Ross Chastain won the pole for today’s Xfinity race (3:30 p.m. ET on NBC). Chastain is driving this weekend for Chip Ganassi Racing. It is Chastain’s first career Xfinity pole.

Chastain won the pole with a lap of 169.531 mph.

Christopher Bell (169.263 mph) will start second and Tyler Reddick (169.048) will start third. Daniel Hemric (168.839) is fourth and Denny Hamlin (168.106) will start fifth.

The first round was stopped when Vinnie Miller stopped on the track after his car was smoking.

Brandon Jones did not make a qualifying attempt after his car failed pre-qualifying inspection four times. He will start 39th in the 40-car field.

Click here for starting lineup

Kyle Larson wins Bristol Xfinity race in overtime

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Kyle Larson held off Christopher Bell and Justin Allgaier in an overtime finish Friday night to win the Food City 300 at Bristol Motor Speedway.

Larson led 202 of 310 laps and swept both stages on the way to his fourth Xfinity win of the season and 12th of his career.

The top five was completed by Cole Custer and Joey Logano.

The win was Larson’s first at Bristol in 18 Cup and Xfinity starts (including six top-five finishes in his previous eight Xfinity races at the track). Larson has won in four of his six starts this year (and didn’t finish the other two).

Larson dominated after pole-sitter Kyle Busch wrecked from first after leading the first 69 laps.

“It feels really good, I just wish Kyle Busch wouldn’t have had his troubles so I could have raced him,” Larson told NBCSN. “It still feels really good to win a race here at Bristol finally. I’ve been close so many times. This is my best track by far, this and Homestead.”

The overtime finish was set up by a Daniel Hemric wreck with two laps to go in the original 300-lap distance.

“We had that yellow there coming to two to go, I was like, ‘Man, again. Again I’m going to lose one here late,” Larson said. “We were able to get an average restart and get the win.”

STAGE 1 WINNER: Kyle Larson

STAGE 2 WINNER: Kyle Larson

WHO HAD A GOOD RACE: Justin Allgaier earned his career-best 10th consecutive top 10 … Cole Custer placed fourth for his best Bristol finish in four starts … Michael Annett placed seventh for his first top 10 of the season …  JA Junior Avila placed 20th in his series debut.

WHO HAD A BAD RACE: Kyle Busch was having a good night until he tagged the wall around Lap 66 while leading. On Lap 70, he lost a tire and got into the wall, causing enough damage to end his night. He finished 36th … Spencer Boyd and Vinnie Miller wrecked to bring out the second caution on Lap 105. Miller caused another caution on Lap 160 … Chase Briscoe was eliminated when he spun and hit the inside wall on Lap 142. He placed 34th.

QUOTE OF THE NIGHT: “I’d love to race him on dirt. I ain’t done much of that. ” – Kyle Larson on Christopher Bell

WHAT’S NEXT: Johnsonville 180 at Road America at 3:30 p.m. ET on Aug. 25 on NBCSN.