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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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NASCAR, Rev Racing announce 2020 Drive for Diversity team

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NASCAR and Rev Racing announced the six-driver lineup for the 2020 Driver for Diversity driver development program.

The lineup includes one new addition, Perry Patino, and five returning drivers: Chase Cabre, Nicholas Sanchez, Gracie Trotter, Rajah Caruth and Isabella Robusto.

The six drivers were selected from a group of invitees that competed in the two-day combine in October at Daytona International Speedway and New Smyrna Speedway.

The combine included fitness assessments and evaluations of each driver’s marketing and media skills. The on-track portion tested the drivers’ abilities behind the wheel and proficiencies in late model stock cars.

Caruth, Patino, Robusto and Trotter will compete in a NASCAR Late Model, while Cabre and Sanchez will compete in the ARCA Menards Series East and ARCA Menards Showdown Series in 2020.

Competing in a late model stock car will be a first for drivers like Caruth, whose background is in iRacing and Robusto who has experience racing Legends cars. Caruth is the first driver with an iRacing background to be selected for the program

“We are very enthusiastic about the progress we continue to make with the NASCAR Drive for Diversity Driver Development Program, and the 2020 class exemplifies the evolution of the program,” Jusan Hamilton, Director of Racing Operations and Event Management at NASCAR, said in a press release. “We were extremely impressed with the confidence, competitive drive and raw talent of the drivers that competed at this year’s combine, which made the selection process challenging for us.

“Our partners at Rev Racing work hard every year to develop the best diverse drivers around the world. To see familiar faces in this class that have grown and advanced through the youth ranks of the program bolsters our belief that we will see some of these same drivers at the top levels of NASCAR in the future.”

More on the 2020 Driver for Diversity class:

  • Chase Cabre: The 22-year-old from Tampa, Fla., will join Rev Racing for his fourth-consecutive racing season and compete in the ARCA Menards Series East. Cabre won twice in 2019 in the NASCAR K&N Pro Series East.

 

  • Rajah Caruth: In 42 starts, Caruth, 17, of Washington, D.C., has twice won races in the eNASCAR IGNITE Series, driving the Chevrolet Camaro ZL1/Ford Mustang. Additionally, he earned two heat wins with Rev Racing in the 2019 Bojangles’ Summer Shootout at Charlotte Motor Speedway.  

 

  • Perry Patino: The 20-year-old, Montgomery, Ala. native will join Rev Racing for the first time with one Limited Late Model win at Montgomery Speedway and the 2018 Limited Late Model championship under his belt.

 

  • Isabella Robusto: The 15-year-old won the Bojangles’ Summer Shootout in the Semi-Pro class in 2019 and finished second in Semi-Pro points. The Fort Mill, S.C., native was honored with the Young Racer award at the 2018 NASCAR Drive for Diversity Awards.

 

  • Nicholas Sanchez: The 18-year-old Miami native returns to Rev Racing for his fourth-consecutive season after winning at Myrtle Beach Speedway and Langley Speedway in a Late Model Stock Car in 2019.

 

  • Gracie Trotter: Denver, N.C. native, Gracie Trotter, 18, returns to Rev Racing as the 2019 Winter Heat Series champion at Charlotte Motor Speedway. She also won Round 5 of the Bojangles’ Summer Shootout in the Semi-Pro Division.

NASCAR Drive for Diversity program announces 2019 class

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The NASCAR Drive for Diversity Driver Development Program announced its 2019 class with Rev Racing Thursday.

The six-member class includes four returning members.

Gracie Trotter and Brooke Storer are the new members.

The six drivers were selected from 12 national and international drivers invited to participate in the two-day NASCAR Drive for Diversity Driver Development Combine at New Smyrna Speedway and Bethune-Cookman University in October.

The drivers will compete for Rev Racing in the K&N Pro Series East and NASCAR Whelen All-American Series for one full season with mentoring and equipment provided by the race team. 

Since Rev Racing began fielding cars for the Drive for Diversity program in the K&N East in 2010, it has earned 19 wins, 88 top fives and 199 top-10 finishes with drivers finishing in the top 10 in points each season.

Here’s the 2019 class.

Chase Cabre, 21, Tampa, Florida – Cabre will return to Rev Racing for his third season. In 2018, he competed in both the NASCAR Whelen All-American Series and NASCAR K&N Pro Series East, where he finished seventh in the championship standings. Cabre will again compete in the NASCAR K&N Pro Series East in 2019.

Ernie Francis Jr., 20, Southwest Ranches, Florida – In 2014, Francis Jr. became the youngest Trans-Am champion in series history. This past season, he captured his fifth consecutive series championship title. Francis will race a Late Model for Rev Racing and run in select events in the K&N Pro Series East.

Rubén García Jr., 23, México City, México – In 2015, García Jr. became the youngest driver to win the NASCAR Peak Mexico Series Championship. He won his second championship this year in the series. García Jr. also earned his first NASCAR K&N Pro Series East race win at Memphis International Raceway in 2018 followed with a victory at Dover International Speedway in October. García Jr. will continue racing in the K&N Pro East Series.

Nick Sanchez, 17, Homestead, Florida – Sanchez completed his NASCAR Whelen All-American Series rookie season in 2018. He also raced in the Bojangles Summer Shootout with Rev Racing’s Legends Car program and finished sixth in championship points. Sanchez will race in a Late Model for Rev Racing.

Brooke Storer, 20, Land O’ Lakes, Florida – Storer is the 2016 Desoto Speedway Sportsman Champion. This past season, she raced in the Wheel Man Series Late Model Sportsman division capturing two 50-lap feature wins. In 2017, she placed third in points in the Wheel Man Series. Storer will race a Late Model for Rev Racing in 2019.

Gracie Trotter, 17, Denver, North Carolina – Trotter is the winner of Round 5 of the Bojangles Summer Shootout in the Semi Pro division. In 2018 she competed in the CARS Tour & PASS Series at Concord, Hickory, Caraway, Orange Country, South Boston and Carteret County. She also raced USLCI Legend cars at Charlotte Motor Speedway, Concord, Anderson, Tri-County and Caraway. Trotter will race a Late Model for Rev Racing in 2019.

Ryan Vargas, who did not make the Rev Racing lineup after being with the program last year, expressed his thanks to the team and wrote that “I apologize to everyone who’s supported me. I feel as if I let you all down (by not making the team for 2019).”

NASCAR announces 12 invitees to Drive for Diversity combine

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NASCAR announced the 12 drivers invited to compete for the 2019 Drive for Diversity program on Monday. The dozen drivers have competed on three continents in a variety of racecars.

“The drivers invited to this year’s NASCAR Drive for Diversity Driver Development Combine represent a wide range of diverse backgrounds, both in terms of heritage and driving disciplines,” said Jusan Hamilton, NASCAR senior manager of racing operations and event management in a press release. “The combine has been tremendous in helping the NASCAR industry identify and develop top diverse talent and this year is no different.”

Rev Racing serves as the on-track partner for the Drive for Diversity program. Since the inception of the program, Rev Racing has earned 19 wins, 88 top fives and 186 top-10 finishes.

The combine will help set their lineup in 2019.

“As we embark upon our 11th year managing the Drive for Diversity program in partnership with NASCAR, we couldn’t be more excited about the evolution of our driver development program,” said Max Siegel, CEO of Rev Racing. “Through selection process and training program we look forward to selecting and developing some of NASCAR’s brightest stars.”

In addition to testing their skill behind the wheel of a racecar, candidates will undergo a physical fitness assessment as well as tests to determine their ability to effective communicate and market sponsors.

This year’s combine invitees include Ruben Garcia Jr. – current points leader in the NASCAR Peak Mexico Series.

Trans Am standout Ernie Francis Jr. will also compete. He has scored four wins in this series in 2018 and currently leads the series standings

Chase Cabre, Juan Manuel González, Loris Hezemans, Perry Patino, Nick Sanchez, Brooke Storer, Ryu Taggart, Gracie Trotter, Ryan Vargas and Brittney Zamora round out the list.

Zamora became the first female driver to win the Northwest Super Late Model Series Championship in 2017.

These hopefuls look to follow in the footsteps of Kyle Larson, Daniel Suarez and Bubba Wallace – all of whom have gone through the program.

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Ruben Garcia Jr. gets ‘stress relief’ from first K&N Pro Series East win

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With about 15 laps left in Saturday’s K&N Pro Series East race at Memphis International Raceway (airing at 6 p.m. ET today on NBCSN), Ruben Garcia Jr.‘s spotter came over his radio.

“Hey, just keep running the same speed you’re running,” Garica recalls him saying. “Second place is trying really hard to catch you and he’s not getting any closer. You’re fine.”

If Garcia, who was leading over pole-sitter Tyler Ankrum, made it to the checkered flag unscathed, it would be a huge moment for the 22-year-old driver.

It would his first win in the K&N East after three years and 34 starts of trying and he’d become the fourth Mexican-born driver to win in the series, following Daniel Suarez (2014), Rogelio Lopez (2007) and Ruben Pardo (2006). It would also be his first race win outside Mexico.

That final race stretch “felt like the longest laps of my life” Garcia told NBC Sports.

Minutes after taking the checkered flag and the win, Garcia was looking into his girlfriend Regina’s phone.

Via FaceTime, Garcia spoke with his family back in Mexico, who had followed along with the race on Twitter over dinner.

Among them was his father, who like Garcia, competed in the NASCAR Mexico Series.

Saturday’s race was the first this year he hadn’t attended.

“He was very very, excited,” Garcia said. “It has been a long time since I’ve seen him that happy.”

He’ll get to see his father for the first time this weekend after he competes in the NASCAR Mexico race in Guadalajara.

Garcia, who competes for Rev Racing, called his win in Memphis a form of “stress relief” after more than two seasons of futility.

“We were really close,” Garcia said. “I knew it was coming, but one thing or the other it didn’t happen. I tried to be as patient as I could. … It felt like it took too long. Everyone says the first win is the hardest. After that you have enough confidence to know that you can do it again.”

All three other Mexican-born drivers to win in the K&N Series are well known to Garcia and reached out to him in the days following his victory.

“I know Daniel, I’ve raced with him,” Garcia said. “I know Ruben Pardo, I’m still running against him. I know Rogelio Lopez, he’s a really, really good friend of mine and of my family. We were teammates last year. We’re very close to each other. The three of them called me just to congratulate me. It’s really cool for me because they know what it means, they know what I’m feeling right now and how it felt to take the checkered flag for the first time outside your country.”