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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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Kevin Harvick, driver of the #4 Budweiser Chevrolet SS, celebrates his victory and the 2014 NASCAR Sprint Cup Series Championship Sunday, November 16, 2014 winning the final NASCAR Sprint Cup race of the season at Homestead-Miami Speedway in Homestead, Florida. Ryan Newman, driver of the #31 Caterpillar Chevrolet SS finishes 2nd. (Photo by Harold Hinson/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Budweiser Chevrolet SS, celebrates his victory and the 2014 NASCAR Sprint Cup Series Championship Sunday, November 16, 2014 winning the final NASCAR Sprint Cup race of the season at Homestead-Miami Speedway in Homestead, Florida. Ryan Newman, driver of the #31 Caterpillar Chevrolet SS finishes 2nd. (Photo by Harold Hinson/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Budweiser Chevrolet SS, celebrates his victory and the 2014 NASCAR Sprint Cup Series Championship Sunday, November 16, 2014 winning the final NASCAR Sprint Cup race of the season at Homestead-Miami Speedway in Homestead, Florida. Ryan Newman, driver of the #31 Caterpillar Chevrolet SS finishes 2nd. (Photo by Christa L Thomas/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Budweiser Chevrolet SS, celebrates his victory and the 2014 NASCAR Sprint Cup Series Championship Sunday, November 16, 2014 winning the final NASCAR Sprint Cup race of the season at Homestead-Miami Speedway in Homestead, Florida. Ryan Newman, driver of the #31 Caterpillar Chevrolet SS finishes 2nd. (Photo by Garry Eller/HHP for Chevy Racing)
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Brian France, NASCAR President (Photo Credit: Rainier Ehrhardt/Getty Images)
Matt Crafton, driver of the #88 Jeld-Wen/Menards Toyota, and his daughter Elladee take part in pre-race ceremonies for the NASCAR Camping World Truck Series Ford EcoBoost 200 at Homestead-Miami Speedway on November 14, 2014 in Homestead, Florida. (Photo Credit: Jared C. Tilton/Getty Images for NASCAR)
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Kevin Harvick, driver of the #4 Budweiser Chevrolet SS, who is in the Championship Four final phase of the Chase, qualified for 5th position Friday, November 14, 2014 for Sunday`s final NASCAR Sprint Cup race of the season at Homestead-Miami Speedway in Homestead, Florida. Harvick is 4th in the NASCAR Sprint Cup Series (NSCS) standings.(Photo by Harold Hinson/HHP for Chevy Racing)
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Jeff Gordon, driver of the #24 Drive To End Hunger Chevrolet SS, who is not in the Championship Four final phase of the Chase, won the pole position Friday, November 14, 2014 for Sunday`s final NASCAR Sprint Cup race of the season at Homestead-Miami Speedway in Homestead, Florida. He will be joined by Kurt Busch, driver of the #41 Haas Automation Chevrolet SS on the front row. (Photo by Harold Hinson/HHP for Chevy Racing)
Ryan Newman, driver of the #31 Caterpillar Chevrolet, speaks during a press conference prior to practice for the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 7, 2014 in Avondale, Arizona.  (Photo Credit: Sean Gardner/NASCAR via Getty Images)

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