BUSCH: Jesel purchases rest Welliver teams

Scott Welliver, President of Welliver-McGuire, Inc. and Wayne Jesel, President of Gasoline Alley Engines LLC announced today that Gasoline Alley Engines LLC has purchased the remaining ownership interest in the Busch Grand National teams the two...

Scott Welliver, President of Welliver-McGuire, Inc. and Wayne Jesel, President of Gasoline Alley Engines LLC announced today that Gasoline Alley Engines LLC has purchased the remaining ownership interest in the Busch Grand National teams the two co-owned.

Wayne and Dan Jesel are co-founders of Jesel engineering. The Lakewood New Jersey company manufacturers valve train components used by many NASCAR Teams.

Because of the companies close relationship with NASCAR, Wayne Jesel moved to North Carolina to be close to the organization's consumer base, while brother Dan remained in New Jersey to run the manufacturing operation.

During the 2000 season, Wayne founded Gasoline Alley Engines, and began supplying motors to several Busch Grand National teams. During the mid season of 2001, the Jesels announced that they had purchased into the Welliver organization.

Prior to the start of this year's season, the teams announced and they had gotten approval to be the first Dodge team competing in the Grand National Series. Currently the team fields two Intrepid, driven by Hank Parker Jr, and Casey Mears.

Speculation is that one or both teams will make the move to Winston Cup within the next two seasons.

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Series NASCAR XFINITY
Drivers Casey Mears