Former Red Bull Racing driver Scott Speed has obtained an order of attachment against RBR, placing a lein on the team’s shop in Mooresville, N.C., and the property on which it sits, according to the Charlotte Observer. Speed has sued the team for breach of contract, following his dismissal from the team. Speed filed a [...]
Red Bull Racing crew member Jeremy Fuller was terminated Tuesday from the team for posting an anti-gay Tweet over the weekend.
Rick Hendrick is finalizing a contract extension that would keep Dale Earnhardt Jr with Hendrick Motorsports for the next three-to-five years. It makes sense for him to re-sign with the team.
Clint Bowyer said he is close to re-signing with Richard Childress Racing. The only thing standing between him and a three-year extension, he says, is sponsorship money. RCR owner Richard Childress said that he expects General Mills to return next season. Bowyer had been rumored to be in contention for the No. 4 Red Bull [...]
In response to the news that Red Bull Racing may leave NASCAR at season’s end, Toyota Racing Development President and General Manager Lee White said that he was interested in working with RBR GM Jay Frye as Frye attempts to secure investors and sponsors to keep the team running. White said: I have a huge [...]
Richard Childress Racing is attempting to work out contract extensions with Clint Bowyer and General Mills. Childress said he thinks that General Mills will return to the team next season, but they still need to secure additional sponsorship for the No. 33 team.
It is being reported that Red Bull Racing will leave NASCAR at the end of the season. An RBR official traveled to Michigan to inform industry leaders of the decision.
Kasey Kahne had minor surgery on his right knee on Monday to repair a torn meniscus, a team spokesman confirmed. Kahne had surgery on both knees in the offseason due to a condition called “plica syndrome.” Red Bull Racing said that Kahne would not need a backup driver at Richmond International Raceway. There was no word [...]
Red Bull Racing has officially released Scott Speed, as has been expected ever since the team signed Kasey Kahne to drive an RBR Toyota next season.
After spending the last few weeks searching for investors to help him purchase majority interest in his racing team, Richard Petty has finally done just that. Petty and a group of investors including Andrew Murstein, of Medallion Financial Group and Douglas Bergeron, of DGB Investments, bought the racing assets of Richard Petty Motorsports today.