Team owner Bob Leavine said:
We are pleased to have Scott Speed join our team. We, as a team, want to give Scott the equipment and the resources he needs to win – and that is what I believe he will do for us in return. Scott is a proven driver. He was the first American to race in Formula One since Michael Andretti and has a lot to offer our program as a teammate and a competitor.
I am excited to team up with Bob Leavine and his guys at Leavine Family Racing. They have a solid group of guys working on the team and I think it will be a real fun deal. Our goal is to build this race team to become competitive. We know it will be baby steps, but we are all excited to get it rolling.
Speed is in his fifth NASCAR season, having driven for Red Bull Racing, Max Q Motorsports, and Whitney Motorsports.