Clint Bowyer finally caught a break. Not so Martin Truex Jr.
After being on the receiving end of fan and
peer scorn since putting his car into a slide and altering the outcome of the
Richmond race and Chase field, the formerly popular and well-liked Bowyer finally
got some good news last week.
Sponsor 5-Hour
Energy drink is sticking with him and Michael Waltrip Racing in 2014 after
putting their support under review in Richmond’s aftermath. He also receive support from several drivers,
including Dale Earnhardt, Jr., and Jimmie Johnson.
It was a quick reversal for 5-Hour. After initially saying “we’ll see how the year plays out," before making a decision on
continuing its relationship with MWR and openly questioning the integrity of
the team, the company did an about face and announced prior to Dover that they
would be back season with Bowyer.
For Truex, the driver who has suffered
the most and had the least to do with the MWR shenanigans, the news wasn’t so
good. Having already lost NAPA
sponsorship (rather MWR lost the sponsorship), Truex heard team co-owner and money
man Rob Kauffman say he wasn’t inclined to pay for the No. 56 car out of his
own pocket, as Gene Haas has said he will do for the Kurt Busch at Newman-Haas
Racing.
"I'm in a lucky position,"
Kauffman said at Dover. "If the team breaks even and is competitive, I'm
happy. I'm lucky enough I don't have to get my living from NASCAR. But it has
to be commercially viable."
Lucky for Kauffman. Not so lucky for Truex.
With an estimated net worth of about $2
billion (yup, that's a "b") according to Forbes, Kauffman could certainly foot the bill if he
wanted to. And he should have a little
spare change. An investment banker who co-founded
the Fortress Investment Group, Kauffman, 50, retired and cashed out late last
year to the tune of about $150 million in order to avoid increased capital gain
taxes. He couldn’t have been too concerned;
he left another $100 million in his account.
He owns a successful car restoration
company in Charlotte, RK Motors, which has served as a “fill-in” sponsor this
year on the cars of Bowyer and Brian Vickers.
But while the cars may have had RK Motors on their quarter panels, the
money clearly came out of Kauffman’s own pocket. The past couple of years he also has
self-funded a Ferrari in the Daytona and LeMans 24-hour endurance races that he
co-drove along with Waltrip and Vickers.
So the money is there, if Kauffman wants to dig.
Waltrip himself has said all the right
things about wanting to keep Truex, but in the next breath says he won’t stand
in his driver’s way if he wants out. Thanks
Martin, and don’t let the door hit you on the way out. While Truex will certainly be paid for the
next two seasons, he is in his prime and wants to race. Furniture Row is looking for a driver and might
be interested in Truex. Who knows,
perhaps with NADA sponsorship. Let’s
hope so.
And just to add a little salt to the
wound, Miller Lite announced Wednesday it was extending its sponsorship of Penske Racing
and Brad Keselowski for four more years, through the 2017 season. Penske has been in NASCAR’s doghouse more
than any other team this year and in my way of thinking, committed the biggest
crime in the Richmond race, which has gone unpunished.
No bad deed goes unrewarded. Or something like that.
Why doesn't Truex's daddy put some of his fish stick money in the pot and sponser his boy like Menards' daddy does?
ReplyDeleteWhy should he have to? Truex did nothing wrong and the ass hat, Bowyer did. I have lost all respect for MWR!
DeleteWhy do you assume daddy sells enough fish sticks to sponsor a Sprint Cup car. These days the cost is about $800,000 per week. Maybe you could put up a few bucks to help out with your idea. Or maybe I presume too much about your income. In which case, my bad
DeleteMartin Truex (senior) is certainly well off, but he’s not in John Menard’s neighborhood. But then few are. Forbes says Menard is worth an estimated $7.8 billion! That makes him the richest man in NASCAR, 57th wealthiest man in America and 160th worldwide. His privately owned home improvement company has more than 40,000 employees. Sea Watch International, the company Truex founded, has about 500 employees and annual revenues estimated at $50 to $100 million, less than Rob Kauffman made in a day when he cashed out of the Fortress Investment Group.
Delete"as Gene Haas has said he will do for the Kurt Busch at Newman-Haas Racing."
ReplyDeleteShouldn't that be Steward Haas Racing? Freudian slip, perhaps?
Certainly a slip of something. Thanks for the catch.
Delete5 hour energy was NOT leaving because they were going because of the things Nascar did
ReplyDelete