Speed51.com confirmed Sunday night that it has been purchased by the Race Team Alliance, the organization of a majority of the NASCAR Cup teams.
Chris Knight first reported the deal on Twitter.
Speed51.com streams a variety of short track races from across the country.
Speed51.com’s statement read:
“Speed51 confirms that it has been purchased by the Race Team Alliance. Post-acquisition, Speed51 will continue to operate in the manner as it always has and remains committed to providing the best in live, short-track racing to the racing fan base. The RTA, with its mission to promote North American stock car racing, is ideally suited to provide Speed51 with access to an overall larger racing fan base over time. Founder, Bob Dillner, will continue is his role as the President of Speed51.”
Cup teams in the Race Team Alliance are: Stewart-Haas Racing, Joe Gibbs Racing, Richard Childress Racing, Team Penske, Hendrick Motorsports, Roush Fenway Racing, JTG Daugherty Racing, Richard Petty Motorsports, Chip Ganassi Racing, Germain Racing, Leavine Family Racing, Go Fas Racing and Wood Brothers Racing.
The Race Team Alliance issued a statement to NBC Sports on the purchase of Speed51.com:
“Race Team Alliance confirms the purchase of Speed51, a leading live, short-track racing distribution company based in Concord, NC. The RTA, which represents the common interests of its 13 NASCAR Cup Team members, looks for strategic opportunities which both compliment the RTA’s core principles of promoting and growing the sport and advancing the common interests of the member Race Teams. The RTA identified Speed51 as a growing company with strong synergies to RTA’s commitment to the racing community and aligns with our fan bases’ enthusiasm for grass roots racing. The Speed51/RTA combination will explore ways to create and distribute to race fans exciting new Team related content, and allow the Teams to better connect directly with their fans.
“Speed51, which first started operating as a short-track news and information site in early 2000’s, has become a prominent player in the live, short-track world, streaming over 400 races each year to a dedicated fan base. Founded by racing and sports broadcasting personality, Bob Dillner, Speed51 has consistently grown throughout the years and the RTA identified the company as one with great potential. Post-acquisition, Bob will continue in his role as the President of Speed51 and report to RTA’s Executive Director, Jonathan Marshall.”
Rob Kauffman, chairman of the RTA said in a statement: “On behalf of our Member Race Teams, we are very excited about our new initiative with Speed51. Bob Dillner and his team have created a great platform to cover grass roots racing , which touches the core fanbase of our sport – as well as many of our past, current and future racers and team members. We are looking forward helping him grow the business and plan to work together to create even more interesting content for our fans.”
Bob Dillner, founder and president of Speed51 stated: “Speed51 has always had an intense passion for short track racing and the RTA shares the same desire to bring more attention to this style of racing. The RTA member teams are undoubtedly some of the most influential race teams in the world and at the same time understand grassroots racing because it’s where they came from. I am thrilled to be partnered with this group of owners and with their help, not only will Speed51 be able to grow, but so will the industry surrounding short track racing, from track owners and promoters, to series organizers and the racers themselves. This initiative will create better access for fans to witness the rise to stardom of some of the sport’s future prospects.”