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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.




Related Pictures

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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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Kasey Kahne examines the faces of fans who submit their pictures to be displayed on his No. 4 NASCAR Sprint Cup Series Red Bull Racing Toyota this weekend at Charlotte Motor Speedway in Concord, N.C. [Picture Credit: Jason Smith/Getty Images for NASCAR]
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Jeff Gordon, driver of the #24 Axalta Chevrolet SS, celebrates his win Sunday, July 27, 2014 of the Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Gordon, who leads the NASCAR Sprint Cup Series (NSCS) standings, has won at the Brickyard a record 5 times, the first one in 1994. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Jeff Gordon, driver of the #24 Axalta Chevrolet SS, kisses the Brick after his win Sunday, July 27, 2014 of the Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Gordon, who leads the NASCAR Sprint Cup Series (NSCS) standings, has won at the Brickyard a record 5 times, the first one in 1994. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Jeff Gordon, driver of the #24 Axalta Chevrolet, races the NASCAR Sprint Cup Series Crown Royal Presents The John Wayne Walding 400 at the Brickyard Indianapolis Motor Speedway on July 27, 2014 in Indianapolis, Indiana.  (Photo Credit: Patrick Smith/NASCAR via Getty Images)
Kasey Kahne, driver of the #5 Time Warner Cable Chevrolet, leads during the NASCAR Sprint Cup Series Crown Royal Presents The John Wayne Walding 400 at the Brickyard Indianapolis Motor Speedway on July 27, 2014 in Indianapolis, Indiana.  (Photo Credit: Brian Lawdermilk/NASCAR via Getty Images)
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Jeff Gordon, driver of the #24 Axalta Chevrolet SS, qualified 2nd fastest Saturday, July 26, 2014 for Sunday`s Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Next to him on the front row will be pole winner Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS. (Photo by Harold Hinson/HHP for Chevy Racing)

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