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NewsNew owners purchase Furniture Row Racing’s charter

00:50  07 december  2018
00:50  07 december  2018 Source:   nbcsports.com

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Furniture Row Racing (FRR) was an American professional stock car racing team that competed in the Monster Energy NASCAR Cup Series from 2005 to 2018.

Furniture Row Racing owner Barney Visser told SiriusXM NASCAR Radio on Thursday night that he is selling the charter for his No. 77 Toyota team. “It’ s being sold right now,” Visser said. “We think there’ s going to be a lot of charters on the market.”. “It’ s sold,” Visser added later in the interview.

New owners purchase Furniture Row Racing’s charter© Photo by Jared C. Tilton/Getty Images

Spire Sports + Entertainment, an agency that represents drivers and sponsors and works with some NASCAR teams, has purchased Furniture Row Racing’s charter, NBC Sports confirmed Tuesday.

The new team’s car number will be 77. The team will field Chevrolets. Driver, sponsor and an alliance will be announced at a later date.

The team will be co-owned by Jeff Dickerson and T.J. Puchyr, among the founders of Spire.

“We think this is the perfect time to buy in,” Dickerson told NBC Sports about why the company was moving into the role of a car owner and purchasing a charter. “Our guys sit in board rooms and tell people how much they believe in the sport. We believe in this sport. We believe in the leadership.”

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Home of Furniture Row Racing #78. The only NASCAR race shop west of the Mississippi, located in beautiful So many people to thank – Barney (Visser, team owner ), Joe (Garone, team president), Johnny (Morris, Bass Pro Shops), 5-hour ENERGY, Auto- Owners Insurance, Furniture Row , Denver

Furniture Row Racing , Denver, CO. 144K likes. Home of Furniture Row Racing #78. The only NASCAR race shop west of the Mississippi, located in beautiful

The Furniture Row Racing charter is the most valuable charter to be sold. Part of the money paid to teams with charters is based off performance the past three years. With a championship and runner-up finish the past two years, the Furniture Row Racing charter will provide more money than any of the previous charters that have been sold. Furniture Row Racing ceased operations after this season.

A NASCAR spokesperson said that the sanctioning body does not reveal the price of charters but NBC Sports has learned that this is the most paid for a charter. The only charter price that has been revealed came from the sale of BK Racing’s charter through bankruptcy court in August. Front Row Motorsports purchased that charter and team equipment for $2.08 million.

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Furniture Row Racing , Denver, CO. 144k likes. Home of Furniture Row Racing #78. The only NASCAR race shop west of the Mississippi, located in beautiful It’ s the Auto- Owners Insurance production day MTJ Motorsports with The Champ, Martin Truex Jr. but this is all we can show from the

Home of Furniture Row Racing #78. The only NASCAR race shop west of the Mississippi, located in beautiful Furniture Row Racing added 2 new photos — in Aurora, Colorado. · 2 hrs ·. ‪Come on down to the Cruzin' Havana Car Show & Poker Run at 1555 S Havana St, Aurora CO!

There are 36 charters in Cup. A charter team is guaranteed a starting spot each race. To maintain the charter, a team must compete in every race.

This will be the first time for Dickerson and Puchyr to be Cup car owners. They can provide the new ownership that some have questioned for the sport as the current group of owners age.

Spire Sports + Entertainment was founded in 2010. Among the drivers the company represents are: Kyle Larson, James Hinchcliffe, Landon Cassill, Ross Chastain, Todd Gilliland, Justin Haley, Vinnie Miller and Garrett Smithley.

Spire Sports + Entertainment also provides services to Hendrick Motorsports, Chip Ganassi Racing, GMS Racing and Toyota Racing Development.

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