NASCAR »

Shift in ownership interest at JR Motorsports revealed

Dale Earnhardt Jr reveals a shift in ownership interest at Nationwide Series outfit JR Motorsports
Dale Earnhardt Jr had a lot more to think about than Danica Patrick's foray into NASCAR racing when he met with a group of reporters after receiving the NMPA Chex most popular driver award for the seventh straight year.

Earnhardt revealed Thursday after the Myers Brothers awards ceremonies at the Venetian Showroom that his sister, Kelley Earnhardt Elledge, and his cousin and former crew chief, Tony Eury Jr., each had acquired ownership interest in JR Motorsports, which had been a 50-50 joint venture between Earnhardt and Rick Hendrick.

Though Earnhardt said talks with Patrick were "still in the negotiation stages," finding sponsorship for JRM's two Nationwide Series cars is a far more pressing problem for the organisation. Earnhardt currently has sponsorship for half a season for the #88 Chevrolet driven by new hire Kelly Bires and for four races for Earnhardt in the #5 Chevrolet.

"All the percentages changed, and I don't think that's really important," said Earnhardt, who declined to specify the ownership stakes of the four principals. "That's probably personal to the business itself, but their involvement in the company … me and Rick don't make money racing in the Nationwide Series. We don't do it to make money.

"I have that company there to employ a lot of family and to have fun and to enjoy what there is to enjoy about the sport,” he said. “Otherwise, being an owner's not very enjoyable in most cases, unless you're winning championships and whatnot. We're a Hendrick team per se, and we get the support and the resources, but we race against pretty tough competition in that series."

Earnhardt said his sister was the person directly involved in the negotiations with Patrick, the best known driver in the IndyCar Series, though not the most prolific winner.

"Her and my sister are sort of managing that entirely," Earnhardt said. "I have not been in any way, shape or form involved. She's going to drive stock for somebody -- someday. Look at all the Formula One guys over here looking around, checking it out. The handwriting's on the wall for her and several other guys."

Earnhardt's immediate concern is trying to find funding to keep Bires on the track for a full season. Brad Keselowski, who drove the #88 Chevy to consecutive third-place Nationwide Series points finishes in 2008 and 2009, is leaving to drive for Penske Racing in the Cup and Nationwide Series.

Earnhardt said he had been trying to talk Eury Jr. into serving as crew chief on his #5 car. The team parted ways with crew chief Brian Campe, Earnhardt said, after learning that Campe was looking at opportunities elsewhere.

by Reid Spencer/Sporting News



Related Pictures

Click on relevant pic to enlarge
Dale Earnhardt Jr - Hendrick Motorsport   [pic credit: NASCAR/Getty]
Dale Earnhardt Jr., driver of the #88 Nationwide Stars and Stripes Chevrolet, stands on the grid during qualifying for the NASCAR Sprint Cup Series Coke Zero 400 at Daytona International Speedway on July 4, 2015 in Daytona Beach, Florida.  (Photo Credit: Photo by Scott Halleran/Getty Images)
Dale Earnhardt Jr., driver of the #88 Nationwide Stars and Stripes Chevrolet, practices for the NASCAR Sprint Cup Series Coke Zero 400 at Daytona International Speedway on July 3, 2015 in Daytona Beach, Florida.  (Photo Credit: Photo by Chris Graythen/Getty Images)
Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, leads a pack of cars during the NASCAR Sprint Cup Series Toyota/Save Mart 350 at Sonoma Raceway on June 28, 2015 in Sonoma, California.  (Photo Credit: Jerry Markland/Getty Images for NASCAR)
Sam Hornish Jr., driver of the #9 Jacob Companies Ford, practices for the NASCAR Sprint Cup Series Toyota/Save Mart 350 at Sonoma Raceway on June 26, 2015 in Sonoma, California.  (Photo Credit: Patrick Smith/NASCAR via Getty Images)
Kurt Busch, driver of the #41 Haas Automation Chevrolet Chevrolet SS races to victory followed by second place finisher Dale Earnhardt, Jr., driver of the #88 Amp Energy Chevrolet SS, and third place finisher Martin Truex, Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet SS Sunday, June 14, 2015, in the rain shortened NASCAR Sprint Cup race at Michigan International Speedway in Brooklyn, Michigan.  (Photo by Andrew Coppley/HHP for Chevy Racing)
Cole Custer driver of the #00 Haas Automation Chevrolet poses for photos after winning the NASCAR Camping World Truck Series Drivin` for Linemen 200 at Gateway Motorsports Park on June 13, 2015 in Madison, Illinois.  (Photo Credit: Photo by Jeff Curry/NASCAR via Getty Images)
Cole Custer driver of the #00 Haas Automation Chevrolet celebrates after winning the NASCAR Camping World Truck Series Drivin` for Linemen 200 at Gateway Motorsports Park on June 13, 2015 in Madison, Illinois.  (Photo Credit: Photo by Jeff Curry/NASCAR via Getty Images)
Cole Custer driver of the #00 Haas Automation Chevrolet celebrates after winning the NASCAR Camping World Truck Series Drivin` for Linemen 200 at Gateway Motorsports Park on June 13, 2015 in Madison, Illinois.  (Photo Credit: Photo by Jeff Curry/NASCAR via Getty Images)
Cole Custer of the #00 Haas Automation Chevrolet does a burn-out after winning the NASCAR Camping World Truck Series Drivin` for Linemen 200 at Gateway Motorsports Park on June 13, 2015 in Madison, Illinois.  (Photo Credit: Photo by Dilip Vishwanat/NASCAR via Getty Images)
Cole Custer of the #00 Haas Automation Chevrolet collects the chequered flag after winning the NASCAR Camping World Truck Series Drivin` for Linemen 200 at Gateway Motorsports Park on June 13, 2015 in Madison, Illinois. (Photo Credit: Photo by Dilip Vishwanat/NASCAR via Getty Images)
The green flag drops to start the NASCAR Camping World Truck Series Drivin` for Linemen 200 at Gateway Motorsports Park on June 13, 2015 in Madison, Illinois.  (Photo Credit: Photo by Dilip Vishwanat/NASCAR via Getty Images)
Carl Edwards, driver of the #19 ARRIS Toyota, Kurt Busch, driver of the #41 Haas Automation Chevrolet, and Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, race three-wide at the start of the NASCAR Sprint Cup Series Axalta `We Paint Winners` 400 at Pocono Raceway on June 7, 2015 in Long Pond, Pennsylvania.  (Photo Credit: Photo by Todd Warshaw/NASCAR via Getty Images)
Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, celebrates in Victory Lane after winning the NASCAR Sprint Cup Series Axalta `We Paint Winners` 400 at Pocono Raceway on June 7, 2015 in Long Pond, Pennsylvania. (Photo Credit: Photo by Chris Trotman/Getty Images)
Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, celebrates in Victory Lane after winning the NASCAR Sprint Cup Series Axalta `We Paint Winners` 400 at Pocono Raceway on June 7, 2015 in Long Pond, Pennsylvania. (Photo Credit: Photo by Chris Trotman/Getty Images)
Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, celebrates in Victory Lane after winning the NASCAR Sprint Cup Series Axalta `We Paint Winners` 400 at Pocono Raceway on June 7, 2015 in Long Pond, Pennsylvania. (Photo Credit: Photo by Jeff Zelevansky/NASCAR via Getty Images)
Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, celebrates in Victory Lane after winning the NASCAR Sprint Cup Series Axalta `We Paint Winners` 400 at Pocono Raceway on June 7, 2015 in Long Pond, Pennsylvania. (Photo Credit: Photo by Jeff Zelevansky/NASCAR via Getty Images)
Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, affixes the winners decal to his car in Victory Lane after winning the NASCAR Sprint Cup Series Axalta `We Paint Winners` 400 at Pocono Raceway on June 7, 2015 in Long Pond, Pennsylvania.  (Photo Credit: Photo by Jeff Zelevansky/NASCAR via Getty Images)

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.




© 1999 - 2015 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.