RWR, Chase Austin part ways

CHASE AUSTIN HOPING FUTURE HOLDS OPPORTUNITY MOORESVILLE, NC (September 21, 2008)--Officials of Rusty Wallace Racing, LLC (RWR) and representatives of the team's former developmental series driver, Chase Austin, announced today that the parties...

CHASE AUSTIN HOPING FUTURE HOLDS OPPORTUNITY

MOORESVILLE, NC (September 21, 2008)--Officials of Rusty Wallace Racing, LLC (RWR) and representatives of the team's former developmental series driver, Chase Austin, announced today that the parties have mutually agreed to end their nearly two-year relationship, effective immediately.

Noted RWR team owner, Rusty Wallace, "Chase is a great kid and he has the talent and potential to be a really good race car driver with enough seat time. He's well-spoken and seems to understand the sponsorship end of this sport a lot better than most drivers his age.

"Atreus Homes had originally agreed to provide sponsorship for Chase to run a partial Nationwide Series and ARCA schedule this year. Unfortunately, with the housing market the way it is, Atreus couldn't provide the funding they had originally promised for Chase's program. It wasn't anything to do with Chase or our team at all; it just came down to the economic issues that are affecting the entire housing industry right now.

"We wanted to give Chase a chance to pursue other opportunities for the future and with it getting late in the season, we decided to go ahead and allow him to do so. We have continued to honor the financial commitments we made to Chase and wish him the best going forward."

Austin originally joined Rusty Wallace Racing in early 2007 and campaigned its No. 66 in the full 2007 NASCAR Camping World East Series season. The young driver showed promise in his first full NASCAR touring series season, producing four top-ten and nine top-20 finishes in 13 attempts, with a career-best finish of sixth in the series finale at Dover International Speedway.

18-year old Austin is disappointed, but remains undeterred, "Sure, I expected to be running in the Nationwide Series with RWR this year. I'm a racer, and I want to be in a race car," Austin continued, "I had hoped it would be with Rusty. But I know you can't race at this level without sponsorship. By making the decision now, I can explore other opportunities for the rest of this year and for all of '09. Until we put something together, I'll keep running our family's late model."

Austin's representatives have stated on record that the promising young driver has already been mentioned in connection with at least three Nationwide Series programs, possibly to include involvement in several of the remaining 2008 events and a full Nationwide Series campaign for 2009.

Rusty Wallace Racing's current two-car NASCAR Nationwide Series effort remains unaffected by this move. The team's drivers, Steve Wallace and David Stremme, are both ranked among the top-15 in the 2008 driver standings and its No. 64 team currently sits among the top-ten teams overall.

-credit: rwr

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About this article
Series ARCA , NASCAR XFINITY
Drivers Rusty Wallace , David Stremme , Chase Austin