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New team buys up Red Bull Racing assets

TRG ran for three years in NASCAR competition but shut down its Cup team over the winter. The new team is being financially backed by former TRG investors, but TRG owner Kevin Buckler himself is not involved in the new venture. The team will be working out of Randy Moss Motorsports shop in Statesville, NC, and will get its engines from Triad. A name for the team will be announced shortly.

"I've got a lot of faith in this deal," said Cassill. "These guys want to get to the race track, want to do it right, pay their bills and they really want to have a good reputation.

"They want to race and they want to do it right. They got away from that [at TRG] and have moved on and created a pretty neat opportunity," he continued. "These guys have dabbled into NASCAR through TRG but have decided they want to do this the right way and be competitive ... They want to make a good impression on the sport and be a positive addition to NASCAR."

As well as purchasing the owner points for the #83 car driven by Vickers last season, who finished 25th in the points standings, the new Cup team also bought the points for the #4 that was driven by Kasey Kahne who came 14th in the standings, making the addition of a second car a distinct possibility for Daytona at least.

The Red Bull drinks company shocked NASCAR last summer by announcing that it was pulling out of NASCAR involvement entirely at the end of the 2011 season. Unable to find a buyer at the time, the team formally shut its doors in December and all staff were laid off. Former Red Bull vice president and general manager Jay Frye is now working in an executive position for Hendrick Motorsports.




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Crew members stand by the #83 Red Bull Toyota, driven by Brian Vickers, as rain falls waiting out a rain delayed practice which was cancelled for the NASCAR Sprint Cup Series TUMS Fast Relief 500 at Martinsville Speedway on Oct. 28, 2011 in Martinsville, Va. [Photo Credit: Geoff Burke/Getty Images for NASCAR]
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Joe Gibbs Racing`s Matt Kenseth in qualifying. (Photo Credit: Rainier Ehrhardt/NASCAR via Getty Images)
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Jeff Gordon, driver of the #24 Drive To End Hunger Chevrolet SS races to a second place finish and Ryan Newman, driver of the #31 Quicken Loans Chevrolet SS finished in third place Sunday, October 26, 2014 in the  Eliminator 8 NASCAR Sprint Cup race at Martinsville Speedway in Ridgeway, Virginia. Both Gordon and Newman are in the The Eliminator 8 phase of the Chase which continues next week at Texas Motor Speedway in Fort Worth, Texas.  (Photo by Christa L Thomas/HHP for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Chevrolet SS, celebrates his 4th win of the season with his crew Sunday, October 26, 2014 in the NASCAR Sprint Cup race at Martinsville Speedway in Ridgeway, Virginia. This was also Earnhardt, Jr.`s first career win at Martinsville. The Eliminator 8 phase of the Chase, which Earnhardt, Jr. is not a contender, continues next week at Texas Motor Speedway in Fort Worth, Texas.  (Photo by Garry Eller/HHP for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Chevrolet SS, races to his 4th win of the season with Jeff Gordon, driver of the #24 Drive To End Hunger Chevrolet SS finishing second Sunday, October 26, 2014 in the NASCAR Sprint Cup race at Martinsville Speedway in Ridgeway, Virginia. This was also Earnhardt, Jr.`s first career win at Martinsville. Gordon now leads the standings in the Eliminator 8 phase of the Chase which continues next week at Texas Motor Speedway in Fort Worth, Texas.  (Photo by Garry Eller/HHP for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Chevrolet SS, celebrates his 4th win of the season Sunday, October 26, 2014 in the NASCAR Sprint Cup race at Martinsville Speedway in Ridgeway, Virginia. This was also Earnhardt, Jr.`s first career win at Martinsville. The Eliminator 8 phase of the Chase, which Earnhardt, Jr. is not a contender, continues next week at Texas Motor Speedway in Fort Worth, Texas.  (Photo by Rusty Jarrett/HHP for Chevy Racing)
Joey Logano, driver of the #22 Shell Pennzoil Ford, Jamie McMurray, driver of the #1 McDonald`s Chevrolet, and Matt Kenseth, driver of the #20 Dollar General Toyota, race during the NASCAR Sprint Cup Series Goody`s Headache Relief Shot 500 at Martinsville Speedway on October 26, 2014 in Martinsville, Virginia. (Photo Credit: Rainier Ehrhardt/NASCAR via Getty Images)
Kasey Kahne, driver of the #5 Great Clips Chevrolet, is spun by Brian Vickers, driver of the #55 Aaron`s Dream Machine Toyota, during the NASCAR Sprint Cup Series Goody`s Headache Relief Shot 500 at Martinsville Speedway on October 26, 2014 in Martinsville, Virginia. (Photo Credit: Jared C. Tilton/NASCAR via Getty Images)

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