Jul 4, 2013, 8:06 PM EDT
Terry Labonte Racing? How about Labonte Brothers Racing?
Both have a pretty nice ring to them, don’t they?
And one of those names or something similar could soon become reality amid a report by The Associated Press on Thursday that two-time Sprint Cup champion Terry Labonte may be interested in purchasing Phoenix Racing from current owner James Finch.
Finch is looking to sell his team before he’s forced to shut it down permanently due to lack of funding and sponsorship.
And one of the potential suitors to purchase the team is the elder Labonte brother.
“James been trying to sell that thing for a long time and Terry told me about it,” younger brother Bobby Labonte said Thursday at Daytona International Speedway, where he was preparing for Saturday’s Coke Zero 400. “I hope Terry can do it.”
While it’s unlikely at this point that Bobby would join Terry as a co-owner, there’s no question that the elder brother is giving the purchase a great deal of thought.
“I think Terry would like to do it, but you’ve got to get money to feed the cow,” Bobby Labonte said.
There reportedly are at least two other individuals interested in buying the team, according to the AP report: Harry Scott, co-owner of Nationwide Series team Turner Scott Motorsports, and an unidentified potential buyer.
Terry Labonte was apparently not available for comment.
While Finch has had difficulty getting enough funding to keep the team operational and competitive, he has some of the best cars and equipment available, purchased or leased from Hendrick Motorsports.
That in itself would be a significant lure to anyone seeking to purchase the team’s assets and equipment.
Terry Labonte, 56, stopped racing full-time after the 2004 season, but has continued to run a limited part-time Sprint Cup schedule, including three of the 17 races held thus far in 2013.
But having a team to call his own may be a lure the Corpus Christi, Texas native can’t resist.
“I think he has a good feeling about things, about people,” Bobby Labonte said. “He enjoys it. He enjoys racing.
“You may not look at him and think that, but he likes being a part of successful things and helping people out, whether it’s having 20 employees or having a successful business. That’s just how he is.”
Terry Labonte won the then-Winston Cup championship in 1984 and 1996. He has 22 career wins in the Cup series and has earned nearly $45 million in 36 years and 884 race starts on the Cup circuit. Bobby Labonte won the Winston Cup crown in 2000 and has 21 wins in 706 starts over 22 years on the Cup circuit.
Could younger brother Bobby potentially drive for his older brother? That certainly seems like an intriguing possibility, especially since Bobby Labonte will miss up to five races this season for JTG Daugherty Racing as A.J. Allmendinger fills in to give the team a different driver perspective and input. Labonte did not race in last week’s event at Kentucky Speedway, breaking a streak of 704 consecutive starts, second-longest among active drivers behind Jeff Gordon‘s 706 consecutive starts.
With Bobby Labonte in the last season of his current contract with JTG Daugherty, working for his brother may not be a bad idea. But the younger Labonte hedged about the possibility.
“That might be a little tough because we are different in a lot of ways,” Bobby Labonte said of racing for his brother. “He would do anything he could to help me, just like I’d do anything to help him. But there’s more to it than that.”
Sep 21, 2014, 7:51 PM EDT
Tony Schumacher (Top Fuel), Courtney Force (Funny Car), Dave Connolly (Pro Stock) and Andrew Hines (Pro Stock Motorcycle) were the winners in Sunday’s final rounds of the NHRA FallNationals in Ennis, Texas.
Sep 21, 2014, 7:00 PM EDT
The talented rookie continues to duel with the Chasers at New Hampshire before finishing second to Joey Logano.
Sep 21, 2014, 6:36 PM EDT
As the Chase for the Sprint Cup moves to Dover for next Sunday’s third race of the playoffs, nine drivers will be fighting elimination by vying for five advancement spots there.
Sep 21, 2014, 6:09 PM EDT
Brad Keselowski started from the pole, led the second-most number of laps in the race (78), overcame a late wreck and still almost won Sunday’s Sylvania 300 at New Hampshire Motor Speedway.
Sep 21, 2014, 5:49 PM EDT
Prior to last week’s opening race of the Chase for the Sprint Cup, Kevin Harvick said it would take wins and uncanny consistency to advance to the final four, winner-take-all battle in the season-ending race at Homestead.
Sep 21, 2014, 5:36 PM EDT
The Connecticut native joins Penske teammate Brad Keselowski in the Contender Round with his victory at New Hampshire Motor Speedway.
Sep 21, 2014, 5:13 PM EDT
Kenseth was running in the Top 10, when Paul Menard washed up into him and sent him spinning into the wall with 31 laps to go at New Hampshire.
Sep 21, 2014, 4:38 PM EDT
Kurt Busch had a tire rub on his Haas Automation Chevrolet when the right front tire appeared to blow on Lap 222 of the 300-lap Sylvania 300 at New Hampshire Motor Speedway, sending him hard into the wall and suffering right front end damage.
Sep 21, 2014, 4:20 PM EDT
Several drivers in the Chase for the Sprint Cup suffered damage to their respective race cars in a wreck that involved Matt Kenseth, Kyle Busch, Kasey Kahne and Ryan Newman with just over 100 laps to go in Sunday’s Sylvania 300 at New Hampshire Motor Speedway.
Sep 21, 2014, 4:00 PM EDT
4 p.m. ET – Already several laps down, Hamlin was caught in a multi-car crash that also involved Martin Truex Jr., David Ragan, and Cole Whitt.
Sep 21, 2014, 3:42 PM EDT
Kevin Harvick is the halfway leader of Sunday’s Sylvania 300 at New Hampshire Motor Speedway. Joey Logano is running second, followed by Jeff Gordon, Brian Vickers and Jamie McMurray.
Sep 21, 2014, 3:00 PM EDT
Spanish driver still pleased with the race weekend in Singapore, feeling that Ferrari has made a step forwards.
Sep 21, 2014, 2:31 PM EDT
Less than a week after a track flagman was killed at a Florida short track, a Wisconsin sprint car driver was killed following a wreck on Saturday night.
Sep 21, 2014, 2:30 PM EDT
Bottas finishes outside of the points for the first time in 2014, with his only other non-score the result of a DNF at Monaco.
Sep 21, 2014, 2:00 PM EDT
Kvyat and Magnussen both go without water for much of the race, leaving them dehydrated following the race.
Sep 21, 2014, 1:30 PM EDT
German driver lost the lead of the drivers’ championship for the first time in four months.
Sep 21, 2014, 1:15 PM EDT
Less downforce? More horsepower? Or something else entirely? It sounds like we won’t have to wait much longer on what the 2015 Sprint Cup rules package will bring.
Sep 21, 2014, 1:00 PM EDT
Australian driver enjoys a great deal of home support in Singapore, but feels that Red Bull should have been closer to Mercedes.
Sep 21, 2014, 12:30 PM EDT
Singapore GP winner admits that he had worries about the reliability of his car following Nico Rosberg’s retirement.
Sep 21, 2014, 12:15 PM EDT
J.R. Fitzpatrick won last night’s season finale, but Dumoulin’s ninth-place finish enables him to claim the championship in Canada’s top stock car series.
Video from NASCAR America
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- Hamilton rules in Singapore to re-take championship lead as Rosberg retires 0
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