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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]
Landon Casill in the #51 Phoenix Racing car on track at New Hampshire Motor Speedway. [Photo credit: Todd Warshaw/Getty Images for NASCAR]
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]
NASCAR Sprint Cup Series driver Landon Cassill talks with fans in the Auto Club Speedway Hard Card Club during a break in a Goodyear Tyre test in Fontana, Calif. [Photo Credit: NASCAR Media]
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Tony Stewart, driver of the #14 Bass Pro Shops/Mobil 1 Chevrolet SS, finishes in sixth place and Jeff Gordon, driver of the #24 3M Chevrolet SS, finishes in third place Sunday, April 19, 2015 in the rain delayed NASCAR Sprint Cup race at Bristol Motor Speedway in Bristol, Tennessee.  (Photo by Alan Marler/HHP for Chevy Racing)
Ryan Newman, driver of the #31 Wix Chevrolet SS, finishes in fifth place and Kyle Larson, driver of the #42 Target Chevrolet SS, finishes in seventh place Sunday, April 19, 2015 in the rain delayed NASCAR Sprint Cup race at Bristol Motor Speedway in Bristol, Tennessee.  (Photo by Harold Hinson/HHP for Chevy Racing)
Jeff Gordon, driver of the #24 3M Chevrolet SS, finishes in third place Sunday, April 19, 2015 in the rain delayed NASCAR Sprint Cup race at Bristol Motor Speedway in Bristol, Tennessee.  (Photo by Alan Marler/HHP for Chevy Racing)
Jimmie Johnson, driver of the #48 Lowe’s Chevrolet SS, finishes in second place Sunday, April 19, 2015 in the rain delayed NASCAR Sprint Cup race at Bristol Motor Speedway in Bristol, Tennessee.  (Photo by Harold Hinson/HHP for Chevy Racing)
Kevin Harvick (Stewart-Haas Racing) and David Ragan (Joe Gibbs Racing) spin out during the NASCAR Sprint Cup Series Food City 500 at Bristol Motor Speedway on April 17, 2015 in Bristol, Tennessee.  (Photo Credit: Brian Lawdermilk/NASCAR via Getty Images)
Jeff Gordon, driver of the #24 3M Chevrolet, races Jimmie Johnson, driver of the #48 Lowe`s Chevrolet, during the NASCAR Sprint Cup Series Food City 500 at Bristol Motor Speedway on April 19, 2015 in Bristol, Tennessee.  (Photo Credit: Jared C. Tilton/NASCAR via Getty Images)

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