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NASCAR teams, groups approved for millions in federal COVID-19 loans

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Several NASCAR teams and related organizations were approved for between $150,000 and $10 million in loans under the Paycheck Protection Program (PPE), according to data provided Monday.

The U.S. Small Business Administration posted a list of PPP loan data on the U.S. Department of the Treasury website. The Paycheck Protection Program was included in the Coronavirus Aid Relief and Economic Security (CARES) Act that was established to help businesses weather the financial stress of the novel coronavirus (COVID-19) pandemic.

Among the many NASCAR teams, racetracks and related organizations (with data including the range of the loan and the number of jobs retained):

* Richard Childress Racing ($5-$10 million, 334 jobs)

* Chip Ganassi Racing with Felix Sabates ($2-5 million, 179 jobs)

* Roush Fenway Racing ($2-5 million, 179 jobs)

* Roush & Yates Racing Engines ($2-5 million, 192 jobs)

* JTG Daugherty Racing ($1-2 million, 88 jobs)

* GMS Racing ($1-$2 million, 89 jobs)

* Kyle Busch Motorsports ($1-$2 million, 71 jobs)

* JR Motorsports ($1-$2 million, 88 jobs)

* Germain Racing ($350,000-$1 million, 41 jobs)

* Richard Petty Motorsports ($350,000-$1 million, 43 jobs)

* Dale Earnhardt Inc. ($350,000-$1 million, 55 jobs)

* DGR-Crosley ($350,000-$1 million, 67 jobs)

* Premium Motorsports ($350,000-$1 million, 46 jobs)

* Pocono International Raceway ($350,000-$1 million, 142 jobs)

* Hattori Racing ($150,000-$350,000, 16 jobs)

* Jimmie Johnson Racing ($150,00-$350,000, 8 jobs)

* Motor Racing Outreach ($150,000-$350,000, 9 jobs)

* Rev Racing ($150,000-$350,000, 12 jobs)

* Starcom Racing ($150,000-$350,000, 20 jobs)

* Kaulig Racing ($350,000-$1 million, 36 jobs)

* Mesa Marin Raceway ($150,000-$350,000, 16 jobs)

* Bill McAnally Racing ($150,000-$350,000, 19 jobs)

* Young’s Motorsports ($150,000-$350,000, 0 jobs)

* JD Motorsports ($150,000-$350,000, 0 jobs)

In a statement accompanying the data, the SBA said the data was for businesses that were approved for PPP loans but “does not reflect a determination by SBA that the borrower is eligible for a PPP loan or entitled to loan forgiveness. All PPP loans are subject to SBA review, and all loans over $2 million will automatically be reviewed.”

Contributing: Nate Ryan

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March 23 in NASCAR History: The Kyle and Kyle Show at Auto Club Speedway

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If your name was Kyle, you had a good weekend in Fontana, California, in March 2014.

On Saturday, March 22, Kyle Larson got it rolling by pulling off an upset win in the Xfinity Series race over Kevin Harvick and Kyle Busch.

Larson passed Busch for the lead with five laps to go and then held off four straight dive-bomb pass attempts by Harvick in Turn 4 to take the checkered flag.

On Sunday, March, 23, it came down to Larson and Busch.

In an overtime finish, Busch and Larson navigated their way through a wild restart and passed the Stewart-Haas Racing teammates of Kurt Busch and Tony Stewart on the last lap.

Kyle Busch held off Larson’s pass attempt in the final turn and cruised to his second straight Auto Club 400 win.

A rookie that year, the runner-up finish was Larson’s first career top five. He wouldn’t earn his first win until 2016 at Auto Club’s sister track, Michigan International Speedway.

Also on this date:

1969: Bobby Allison won the Cup race at Bristol Motor Speedway. He led the final eight laps after David Pearson dropped out with an expired engine. Allison won over LeeRoy Yarbrough by four laps.

1975: Richard Petty beat Buddy Baker in a one-lap dash to win at Atlanta Motor Speedway. It was Petty’s third win in six races to start the season and he’d win the following race at North Wilkesboro for his third consecutive victory. Dale Earnhardt Jr. revisited the race on his old show “Back in the Day.”

2003: In a two-lap shootout, Dennis Setzer beat Jon Wood in a Truck Series race at Mesa Marin Raceway in Bakersfield, California. It would be the final visit to the half-mile track by the Truck Series after holding nine races there.