07/18 2013

Phoenix Racing team sold, new owner to bring driver, sponsor

Phoenix Racing team sold, new owner to bring driver, sponsor

Bob Pockrass Sporting News

James Finch has sold Phoenix Racing and the new owner will take over the management of the team in September, the longtime NASCAR team owner said Wednesday.

Finch would not name the buyer, whom he has said is new to Sprint Cup racing. He has repeatedly not confirmed reports that Harry Scott of Turner Scott Motorsports is the potential buyer.

“They bought all the assets — the shop and all,” Finch said in a phone interview. “And all the employees, that was the main thing, they’ll keep them.

“That was one of our goals and that’s what happened. … I’m going to manage it for five or six races up to Richmond (in mid-September).”

The new buyer has a driver and sponsor for the team, but Finch said the change likely won’t be made until September.

AJ Allmendinger, who has driven the majority of the races for the team this year, will be in the No. 51 Cup car next week at Indianapolis Motor Speedway and Finch said he could be in the car at least through the Sept. 1 race at Atlanta Motor Speedway.

Phoenix Racing has competed in NASCAR for 25 years in the Nationwide and the Cup series.

The team, based in Spartanburg, S.C., has had one Cup win — with Brad Keselowski in April 2009 at Talladega Superspeedway.

It also has 13 Nationwide wins in 539 starts.