Toyota in talks with two potential new NASCAR team owners

Toyota Racing’s NASCAR chief David Wilson has revealed he’s in talks with two potential new team owners that are not currently involved in America’s premier stock car racing series.

Toyota in talks with two potential new NASCAR team owners
Listen to this article

Speaking ahead of this weekend’s Cup Series-opening Daytona 500, Wilson said the potential new team owners “come from the business world” and that they are both “well-funded” and “credible”.

He said that they’ve been attracted by NASCAR’s Next Gen car, which is scheduled to roll out in 2022, that offers substantial savings for owners by being based on common components built by a base of single suppliers rather than being manufactured by the teams themselves.

Any new team entering NASCAR’s Cup Series would have to purchase or lease a charter to guarantee a starting spot in all of the races. Existing teams are free to sell their charters, or lease them for one year. Toyota recently added the 23XI team of Denny Hamlin and Michael Jordan for this year – which purchased a charter.

“I’ll say candidly that we’re talking to two potential owners that are not in racing today, that are outside the sport entirely, and because of Next Gen, because of circumstance and the relationships that we’ve been building they’re interested at taking a shot – potentially,” said Wilson. “That’s exciting, when you get new ownership that comes from the business world, that’s well-funded and it’s credible, I think the sport’s going to be rocked. Stay tuned!”

Read Also:

Wilson also mentioned that he continues to have an ongoing dialogue with current teams inside NASCAR’s ranks. Toyota is the least-represented manufacturer in the Cup Series, with its four-car powerhouse Joe Gibbs Racing squad only supplemented by single-car entries from the new 23XI team and the small Gaunt Bros Racing outfit – with the latter failing to qualify for the 500 for the second year running.

The lack of Toyotas becomes a problem on superspeedways, when drivers are encouraged to only draft with those from a fellow manufacturer – and can cause issues around pitstops, when its cars need to pit together to get back up to speed as quickly as possible.

Wilson said of adding extra teams: “The stock answer is I like to think that I have good relations with every team out there, and I’ve been flattered quite honestly by the number of approaches that have been made – y’know just casual ones. We have a couple of ongoing conversations.”

On the subject of the Next Gen car, Wilson gave an update of progress so far.

“It’s been very process-driven by NASCAR. The bodies we submitted for our Camrys have received approval, as have Ford and Chevrolet with their respective cars. The cars that have been testing are mules, effectively, with a neutral, agnostic body strapped on to it.

“One of the next steps is for us each to run our bodies and our engines. We have not put a Toyota engine in a Next Gen car to test yet. So that’s all going to happen pretty quickly this Spring.”

shares
comments

Related video

Austin Dillon wins Duel #2 with last-lap pass on Wallace
Previous article

Austin Dillon wins Duel #2 with last-lap pass on Wallace

Next article

Wallace: "I’ve got a lot to learn" after nearly winning Duel

Wallace: "I’ve got a lot to learn" after nearly winning Duel
Load comments
The ex-F1 driver taking on NASCAR with a new team Prime

The ex-F1 driver taking on NASCAR with a new team

Saddled with uncompetitive Minardi machinery, Tarso Marques didn't manage to score points in his three partial seasons of Formula 1. But now the Brazilian has the chance to show what he can do in NASCAR, and explains the story of his comeback with new Cup Series entrant Team Stange

NASCAR Cup
Apr 13, 2022
The early benefits and challenges of NASCAR's Next Gen car Prime

The early benefits and challenges of NASCAR's Next Gen car

NASCAR’s new stock car generation is encouraging an influx of fresh blood into its top tier. But there are concerns that parts are in short supply as the entire paddock tries to build up stocks at the same time

NASCAR Cup
Feb 22, 2022
How Penske's rookie sensation opened NASCAR's new era in style Prime

How Penske's rookie sensation opened NASCAR's new era in style

After holding his nerve and hip-checking his teammate on the run to the line, Austin Cindric made a perfect start to life as a full-timer in the NASCAR Cup Series by winning the Daytona 500. Here's how the Penske Ford man emerged first across the line in the first points-scoring race for the much-anticipated Next Generation cars

NASCAR Cup
Feb 21, 2022
Six key themes to follow in the 2022 NASCAR Cup season Prime

Six key themes to follow in the 2022 NASCAR Cup season

There are plenty of uncertainties ahead of the 2022 NASCAR Cup season as an all-new fleet of cars take to the track for the first time. Ahead of this weekend's Daytona 500, our experts explain what you need to know

NASCAR Cup
Feb 17, 2022
How NASCAR had to learn a harsh lesson ahead of Next Gen arrival Prime

How NASCAR had to learn a harsh lesson ahead of Next Gen arrival

The NASCAR Cup kicks off with the Daytona 500 this weekend, but a major engine overhaul and a subsequent mountain of work has been required to be ready for the arrival of the Next Gen cars.

NASCAR Cup
Feb 16, 2022
How Larson took the long way round to NASCAR Cup glory Prime

How Larson took the long way round to NASCAR Cup glory

From villain to hero, Kyle Larson had to reach his lifelong goal the hard way and go through a very public shaming after a ban for using a racial slur, but his talents shone long before his name grabbed the headlines...

NASCAR Cup
Nov 10, 2021
How NASCAR is gearing up for its "biggest change" in 2022 Prime

How NASCAR is gearing up for its "biggest change" in 2022

It’s not just Formula 1 that’s set for upheaval in 2022, as the NASCAR Cup series adopts its Next Gen cars that will cast any in-built advantages aside and require teams to adopt a totally new way of operating. Far more than just a change of machinery, the new cars amount to a shift in NASCAR's core philosophy

NASCAR Cup
Oct 12, 2021
Why Bubba Wallace’s Talladega win is such a big moment for NASCAR Prime

Why Bubba Wallace’s Talladega win is such a big moment for NASCAR

Bubba Wallace claimed his maiden NASCAR Cup Series at Talladega on Monday to become the first Black victor in the category since Wendell Scott in 1963. Both Wallace and Scott had faced obstacles and racism in their paths to their breakthrough wins, and NASCAR is trying to put it right with its range of diversity programmes

NASCAR Cup
Oct 5, 2021