9 of NASCAR's biggest Cup teams form 'Race Team Alliance'
9 race teams announced Monday morning that they have formed a collaborative business association called the “Race Team Alliance” (RTA).
According to the press release sent out, the purpose of RTA is to “create an open forum for the teams to explore areas of common interest and to work collaboratively on initiatives to help preserve, promote, and grow the sport of stock car racing.”
The release also states:
In providing a vehicle for the teams to work together, the organization creates for the first time a single entity to engage with stakeholders on creative ways to market and experience the power of the sport’s teams and drivers. As part of its focus, the RTA also plans to explore innovative ways to harness the combined purchasing power and scale of the teams’ operations to drive efficiencies in costs.
Teams in the RTA include:
- Chip Ganassi Racing with Felix Sabates
- Hendrick Motorsports
- Joe Gibbs Racing
- Michael Waltrip Racing
- Richard Childress Racing
- Richard Petty Motorsports
- Roush Fenway Racing
- Stewart-Haas Racing
- Team Penske
When reached for comment Monday morning, NASCAR says that they couldn not comment on the news because they have so few specifics. Their statement reads:
We are aware of the alliance concept the team owners have announced, but have very few specifics on its structure or purpose. It is apparently still in development and we’re still learning about the details so it would be inappropriate to comment right now. NASCAR’s mission, as it has always been, is to create a fair playing field where anyone can come and compete. Our job is to support and strengthen all of the teams, large and small, across all of our series and we’ll continue to do that. NASCAR is a unique community with hundreds of stakeholders. They all have a voice and always will.
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