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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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Tommy Baldwin Racing returns to Cup Series for first time since 2017

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Not only is NASCAR returning to live Cup Series racing Sunday at Darlington Raceway, so too is Tommy Baldwin Racing.

The team announced Monday that it will field the No. 7 Chevrolet, its first appearance in the Cup Series since the 2017 season.

“I am excited to be returning to the NASCAR Cup Series,” team owner Tommy Baldwin Jr. said in a media release. “I have been in this sport for a long time, and I believe now is the best time to get back to the track.”

Baldwin spent last season as a crew chief for Premium Motorsports, primarily working with Reed Sorenson.

Josh Bilicki will drive for Baldwin in Sunday’s race. Bilicki competed in 10 Cup races last season for Rick Ware Racing.

“Darlington is one of my favorite tracks, and I can’t wait to get back on track,” Bilicki said.

Primary sponsor on the car will be Gravely Mowers, a high-performance commercial lawn mower company.

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How Jordan Anderson discovered his race hauler is a ‘time capsule’

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If not for the COVID-19 pandemic that’s brought NASCAR and much of the country to a stop, it might have taken Jordan Anderson a while to discover his race team’s hauler was a “time capsule.”

When you’re not expecting to race until at least May, there’s not too much you can do around your race shop.

What you can do is clean your hauler, which would be a “bottom of the totem pole” chore for his Truck Series team in more normal times.

That’s what Anderson was doing today when he learned that the hauler his team has used since 2019 once pulled into the Cup Series garage … 18 years ago.

“Underneath the seat cushions it had ‘Hooters Racing / No. 11’ on it. …. handwritten in sharpie,” Anderson told NBC Sports.

The No. 11 and Hooters were a combo associated with Cup Series driver Brett Bodine from 2002-03 when Bodine owned his own team.

As for the inscribed cushion?

“Somebody pointed this out on Twitter that’s a common thing that Featherlite did when they manufactured these haulers,” Anderson said. “All the seats were made in a common area and the way they marked what hauler they were going in was somebody would just take a sharpie on the bottom board of the cushions and write what hauler it was going in.”

There were more relics from the early 2000s found underneath the hauler’s drawers.

“We found a couple of … setup sheets and stuff like that that had Brett Bodine, the 11 logo on it,” Anderson said. “Then we found one note that I think had practice times from like Phoenix in 2002 in there.”

Anderson, who finished second in the season-opening race at Daytona for his first career top five, purchased the hauler from Premium Motorsports at the end of the 2018 season. Before Premium, it was owned by Stewart Friesen when he began competing in the Truck Series in 2017. Before that, it hauled Tommy Baldwin Racing’s No. 7 Cup car driven by Alex Bowman in 2015.

Using equipment that’s survived through multiple racing generations is not a new experience for Anderson’s self-owned team.

“Honestly, it’s been my entire career,” said Jordan, who currently owns chassis once used by GMS Racing. “With us being a smaller team, we don’t actually manufacturer the chassis. We may do body work, things like that. Most chassis and parts that we buy come from smaller teams and there’s a lot of people that are here in Mooresville that sell used parts.”

Jordan said he has brake calipers that are engraved with “KHI,” the initials for Kevin Harvick Inc., the Truck and Xfinity Series team Harvick operated that closed in 2011.

“It’s pretty crazy to go back and find some of the parts and pieces that we got that have been recycled from bigger teams,” Anderson said. “The fact that stuff gets recycled and reused is how teams like myself stay alive. Because for us to go out and buy all brand new stuff, you’d run out of money pretty quickly.”

As for his hauler, Anderson views its journey through the auto racing community as having come “full circle.”

“That hauler started its life with Brett Bodine, but he owned his team back then and now (it’s) with me owning our team in the Truck Series,” Anderson said. “Most stuff in racing has got a pretty long story. You don’t often get too fortunate to find stuff like what we found today to be able to trace it all the way back.”

43 cars entered for Daytona 500

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Forty-three cars are entered for this year’s Daytona 500, meaning three cars will fail to make the race.

The 36 chartered teams are guaranteed starting spots.

Click here for Daytona 500 Entry List

Cars and drivers not guaranteed starting spots and vying for the four spots for non-chartered teams are:

No. 16: Justin Haley (Kaulig Racing)

No. 27: Reed Sorenson (Premium Motorsports)

No. 49: Chad Finchum (Motorsports Business Management)

No. 54: JJ Yeley (Rick Ware Racing)

No. 62: Brendan Gaughan (Beard Motorsports)

No. 66: Timmy Hill (Motorsports Business Management)

No. 96: Daniel Suarez (Gaunt Brothers Racing)

Daytona 500 qualifying takes place Sunday. The qualifying races will be Feb. 13. The Daytona 500 is Feb. 16.

 

 

Spartan Mosquito to sponsor Brennan Poole for 17 Cup races

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Premium Motorsports announced Thursday that Spartan Mosquito will sponsor the No. 15 Chevrolet Camaro for 17 races in Brennan Poole’s NASCAR Cup rookie season.

Those 17 races include the season-opening Daytona 500, the team announced. The official unveiling of the paint scheme will take place Monday, February 3, at the NASCAR Hall of Fame in Charlotte, North Carolina.

The sponsorship also includes engagement with RememberEveryoneDeployed.org, a charitable organization to help raise awareness about hardships faced by troops.

“It still feels surreal that I will be in the Cup Series with Spartan Mosquito, because this is my life-long dream realized,” Poole said in a media release.

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