Richard Petty Motorsports to close Xfinity team

dpkimmel2001

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Richard Petty Motorsports has closed its No. 43 Xfinity Series team over issues with the primary sponsor, the team announced Wednesday.

Jeb Burton had been driving the No. 43 Xfinity car and the team signed J. Streicher, a Wall Street investment firm, as a sponsor prior to the season.

The team announced Wednesday it was suspending operations of the team due to “financial issues” and “missed payments” from J. Streicher. This is the company’s first sponsorship in NASCAR.



http://www.sportingnews.com/nascar/...-series-jeb-burton/17fiwxkog0in61b4jpp0iddawz
 
Jeb Burton.....


Cj34lVgVEAAIt5g.jpg
 
I hate hearing stuff like this. Jeb has some talent too hoping maybe a another Ford team picks him up
 
I don't watch X so a couple of questions for those that do. Do they have 40 car lineups like cup? Are there about the same number of backmarkers as in cup? In light of RP shutting down do most teams have stable primary sponsors?
 
Bummer...always felt they were a sketchy sponsor though.
 
I don't watch X so a couple of questions for those that do. Do they have 40 car lineups like cup? Are there about the same number of backmarkers as in cup? In light of RP shutting down do most teams have stable primary sponsors?
Yes, more, no
 
I don't watch X so a couple of questions for those that do. Do they have 40 car lineups like cup? Are there about the same number of backmarkers as in cup? In light of RP shutting down do most teams have stable primary sponsors?
Yep, 40.

Backmarkers..... I don't know what that comparison would be.

Sponsorship only seems to be news when one leaves so I'd say they seem to be stable as there isn't a lot of news of sponsors leaving. Just the occasional one, like in Cup. They're normally followed by a new one.
 
Thanks. Do you think that merging the truck and X series would be a good idea or would it just make a bigger mess of things?
Probably a bigger mess, it be complicated which would disappear and the differences in competition cost
 
Combining the series together seems like a huge overreaction. Not to mention putting about 30+ teams out of business. Sorry, I guess I just did.

A 'Not to Mention' is always followed by a mention. :D
 
Probably a bigger mess, it be complicated which would disappear and the differences in competition cost

Yeah probably a mess in the beginning but big picture it would make more sense. But as long as you title sponsors than it doesn't matter.
 
Its just "suspended" for now.

When they actually get the payments in, Jeb will be back on track. He's not doing bad either, but this definitely sucks for an upper mid-tier team like RPM.
 
If it's broke fix it. Yes, merge the series! High school sports have more sponsors with billboards on the walls.
 
Do you think that merging the truck and X series would be a good idea or would it just make a bigger mess of things?
I don't think any of us fans has enough data or knowledge of the big picture to answer your question. Except for one big race (the Indy 500), the Xfinity series is the second most important racing series in North America. But there is a relative dearth of third-party sponsorship, and the 40-car field includes a dozen or more weak entries, plus some start-and-park action every week. Many of the cars rely upon pay drivers, even among the strongest teams. And the best teams with the best sponsors rely on appearances by Cup drivers as integral to their program.

However, the Xfinity races provide many hours of live sports programming, and get higher ratings than some other alternatives. More importantly, it is a huge step from Super Late Models or ARCA to Sprint Cup. There is a good rational for a couple steps in between. I can't say the stock car racing community would be better off with just one step rather than the two we have now.
 
NASCAR needs to lower the car counts to about 20-25, get rid of the dead weight teams. And the backmarkers will either consolidate with other teams or move down to trucks where it's a little easier to compete week to week. Or NASCAR could run short tracks like the lower divisions are supposed to and make it easier and cheaper for the little guys to compete
 
NASCAR needs to lower the car counts to about 20-25, get rid of the dead weight teams. And the backmarkers will either consolidate with other teams or move down to trucks where it's a little easier to compete week to week. Or NASCAR could run short tracks like the lower divisions are supposed to and make it easier and cheaper for the little guys to compete
NASCAR needs to pay less attention to the "suggestions" of its fans.

Mercifully, the sanctioning body is contractually obligated to its broadcast partners for another 8 1/2 years. That fact ensures a reasonable level of continuity. There are also 5 year contracts in place with every venue for all 3 series.

Anyone who suggests that reduced fields and / or smaller racetracks will lower costs for competitors at either end of the field is badly misinformed.
 
NASCAR needs to pay less attention to the "suggestions" of its fans.

Mercifully, the sanctioning body is contractually obligated to its broadcast partners for another 8 1/2 years. That fact ensures a reasonable level of continuity. There are also 5 year contracts in place with every venue for all 3 series.

Anyone who suggests that reduced fields and / or smaller racetracks will lower costs for competitors at either end of the field is badly misinformed.



Well by doing nothing the car counts will inevitably lower anyways lol. I'm sorry but less cars that are all competitive is better then 15 cars lapped by lap 8 that are moving roadblocks. Screw tradition, if you're a fixture in the way of the leaders you shouldn't be racing.
 
Well by doing nothing the car counts will inevitably lower anyways lol. I'm sorry but less cars that are all competitive is better then 15 cars lapped by lap 8 that are moving roadblocks. Screw tradition, if you're a fixture in the way of the leaders you shouldn't be racing.
The marketplace will decide who stays and who goes. Just as it does in every other field of endeavour.

How about the A Main? How many of those mutts should go? Look at this finishing order and tell me why the moving chicanes are out there:

http://racing-reference.info/race/2016_Coca-Cola_600/W
 
Well that sucks. Jeb deserves decent stuff.
 
"Screw tradition, if you're a fixture in the way of the leaders you shouldn't be racing." ??!!!
Where do you think tomorrow's leaders come from? They don't just show up and run up front from Day 1. Hendrick, Gibbs, Penske, Childress and Roush took years to get where they are today. Think they should have packed it in when they were getting lapped by Richard Petty and Jr. Johnson and the Wood Brothers? And it's not just drivers or teams - some sponsors get their feet wet via the smaller teams before making bigger commitments. If you get rid of backmarker teams you shrink the field by about half. Do you think fans will feel like they got their money's worth if there are only twenty cars? Even then there will still be slower cars... would you continue to pare down the fields, getting rid of “slow” cars, until there are only a few cars left? Competition for limited starting spots was supposed to keep the jamb cars off the track, but the economy has instead forced officials to cut back the number of spots (and they’re not even always filling that smaller number).

"Do you think that merging the truck and X series would be a good idea or would it just make a bigger mess of things?"
Bigger mess. The cars of the two series are too different so you'd either have to create a new compromise car or you'd have to force one group to get rid of their (now worthless) cars and build cars for the other series. Either way is a big expensive learning curve for a bunch of teams, and not all of them will do it. Even if you managed to merge them, the same cream will rise to the top so after the initial dust settles you'd end up with about the same number of fast and slow cars.

"it is a huge step from Super Late Models or ARCA to Sprint Cup. There is a good rational for a couple steps in between."
Yes there is. The problem is that the expense step has gotten too big, particularly today after three decades plus of sour economies. It's extremely difficult for a Regular Joe racer like Richard Childress to work his way up from local tracks to the Cup Series. (It wasn't easy for him, but it would be even harder for him today.) There are things NASCAR could do to squeeze some expense from the cars, but current management doesn’t understand racing so we get the demise we’ve all noticed. There will always be new faces coming in who are related to the old faces, and a few outsiders who have money, but fewer and fewer types like Alan Kulwicki. Which means there will still be a show, but maybe not with the “best of the best” as advertised.
 
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