zzdcar
Home
/
Reviews
/
Racing
/
Defending NASCAR Championship Team to Shut Down Due to Lack of Funding
Defending NASCAR Championship Team to Shut Down Due to Lack of Funding-July 2024
2024-02-19 EST 22:11:13

Furniture Row Racing, the winning team of 2017's championship, has announced it will cease operations following the 2018 season due to a lack of funding, just over a month after its primary sponsor 5 Hour Energy announced it was exiting the racing series after this year.

In the , team owner Barney Visser said he wasn’t willing to borrow money to keep the team competitive going forward after being unsuccessful at finding a replacement sponsor for 5 Hour Energy. The announcement also cited the rising costs of Furniture Row Racing’s team alliance with Joe Gibbs Racing.

Visser added in the announcement that he “had a wake-up call last year (heart attack),” and wants to make the best decisions for himself and his family. “My wife Carolyn and the entire Visser family have been supportive of our racing journey and it’s been one incredible ride for all of us,” he added.

Martin Truex Jr., who won the 2017 Monster Energy NASCAR Cup Series championship with the team, thanked the team family for taking him as a driver of the No. 78 car back in 2014, and said right now he and the team are only focused on defending the championship this year.

Truex Jr. is currently ranked third in both driver and playoff points heading into the regular season finale this Sunday at Indianapolis Motor Speedway.

H/t to Henry M.!

Truex for Joe Gibbs Racing next year, replacing , to win a NASCAR national series championship, in the No. 19 car. His crew chief, Cole Pearn, will go to the No. 19 with him.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Racing
Massive Wrecks In NASCAR Now Mean A Lot More Than They Used To
Massive Wrecks In NASCAR Now Mean A Lot More Than They Used To
Just 23 laps into the NASCAR Xfinity Series’ season-opening race at Daytona International Speedway, a massive wreck collected nearly half of the field. That isn’t anything new at Daytona, but what is new is that NASCAR changed repair rules for the season—meaning a lot of those cars could be out...
Jul 24, 2026
Williams' Real-Life 2017 Formula One Car Has A Giant Martini Billboard On The Back
Williams' Real-Life 2017 Formula One Car Has A Giant Martini Billboard On The Back
Williams Martini Racing finally showed off their 2017 Formula One car in the flesh. Unlike the , the 2017 Williams FW40 now features a giant Martini billboard riding on its engine cover. The embiggening of the car’s shark fin is among a few subtle tweaks that have been made over...
Jul 24, 2026
Circuit Of The Americas Apparently Wants A NASCAR Race
Circuit Of The Americas Apparently Wants A NASCAR Race
If you’ve watched any American stock-car racing lately, you might have noticed . But Circuit of The Americas chairman Bobby Epstein wants things to get even weirder in the future, because it sounds like he really, really wants NASCAR to come to Austin. In a story from the on Friday,...
Jul 24, 2026
There They Go Again
There They Go Again
Just a few laps after the green flag came back out following the at Daytona International Speedway on Saturday, it, well, it happened again. According to the Fox Sports 1 broadcast, only 13 drivers have not wrecked so far. It’s only lap 30 of 120. The first huge wreck in...
Jul 24, 2026
This Is Why Force India's New F1 Car Has The Most Awkward Front End In Racing
This Is Why Force India's New F1 Car Has The Most Awkward Front End In Racing
Formula One is a sport of function over form if there was one, and the form Force India’s new Formula One racer certainly could’ve turned out better in the front—or maybe not, according to . The VJM10's unique bump in its nose had to be there in order to exploit...
Jul 24, 2026
Get Ready For A Daytona 500 Broken Up Into Stages
Get Ready For A Daytona 500 Broken Up Into Stages
Welcome to the Jalopnik , where we let you know what’s going on in the world of racing, where you can see it, and where you can talk about it all in one convenient place. Where else would you want to spend your weekend? Well, everyone, the day is almost...
Jul 24, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved