StarCom Racing confirms it will sell its charter, shut down at end of 2021 NASCAR season – CBS Sports

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The prime of a NASCAR season On A daily basis means the finish of yr-prolonged partnerships between drivers, race grou…….

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The prime of a NASCAR season On A daily basis means the finish of yr-prolonged partnerships between drivers, race groups and their crews alike. And in some circumstances, the finish of a season means the finish of the road alcollectively, as appears to be the case with StarCom Racing.

On Friday, StarCom Racing confirmed the sale of its NASCAR Cup Collection structure, stating that It’d take “new possession” following this weekfinish’s season finale at Phoenix Raceway. StarCom’s announcement confirms rumors on the group’s future Which have continued over the previous a quantity of months.

A report by Chris Knight of Catchfence.com in late August said that StarCom had purchased its structure to Spire Motorsports.

StarCom Racing entered the Cup Collection in 2017, fielding the No. 00 Chevrolet owned by StarCom Fiber As properly as to 1990 Daytona 500 Champion Derrike Cope. After making its debut late that season, StarCom made the transfer to full-time Cup racing in 2018, with Landon Cassill working most of 2018 and all of 2019 earlier than Quin Houff drove full-time in 2020 and 2021.

Cassill ratingd Definitely one of the biggest finish in group historic previous with an Eleventh place run at Daytona in July 2019.

The sale of StarCom’s structure is The latest enchancment Inside the movement of NASCAR’s structure market, which has put groups in a recreation of musical chairs for primary asset in NASCAR’s mannequin of franchising. Amongst these groups presently On the market’s 23XI Racing, Who’s looking for a structure for The mannequin new No. 45 Toyota to be pushed by Kurt Busch subsequent season. GMS Racing, which is Getting into the Cup Collection with driver Ty Dillon, May even be Seeking a structure.

Based mostly on a report by Adam Stern of Sports activities Enterprise Journal, The worth of NASCAR structures has doubled since final yr, As a Outcome of the subsequent structures to be purchased are anticipated to go at $12 million. Charter buys already forward of the 2022 season embrace Kaulig Racing’s buy of two Spire Motorsports structures As properly as to the acquisition of all of Chip Ganassi Racing’s NASCAR belongings, collectively with structures, by Trackhouse Racing.

Source: https://www.cbssports.com/nascar/news/starcom-racing-confirms-it-will-sell-its-charter-shut-down-at-end-of-2021-nascar-season/

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