Nine NASCAR teams have decided to join together. The largest of the NASCAR teams felt that it would be in their interest to work together to promote the sport and work together on things that they have in common.
At the moment, the teams involved are Team Penske, Stewart-Hass Racing, Roush Fenway Racing, Richard Petty Motorsports, Michael Waltrip Racing, Richard Childress Racing, Joe Gibbs Racing, Hendrick Motorsports and Chip Ganassi Racing. There are plans to invite all of the other teams to join up with them as well in the future.
The co-owner of Michael Waltrip Racing; Rob Kauffman will be the chair of the organisation. He explained that there was a loose collaboration between the teams before but the group will formalise this. He explained that the groups have discussed common interests many times before and all have a common interest in the future of NASCAR and keeping it successful and popular. He went on to say that by speaking as a single voice and all working together it should be easier to communicate with groups involved in the sport and work together with them.
This will be the first time that the teams of NASCAR are speaking as on entity. As well as speaking as one, they will be working together to get economies of scale and improve the efficiency of the teams by buying things more cheaply.
A short statement was released by the series after the announcement of the team. They said that they are aware of the concept but not aware of its purpose and so could not comment very much on it. They said that NASCAR’s mission is to create a fair playing field and to support all teams, however big or small and they will continue to do this.