Sep 2, 2014, 3:15 PM EDT
We’ve seen the last of Turner Scott Motorsports’ No. 30 team in the NASCAR Camping World Truck Series.
TSM announced today that the No. 30 team has been officially shut down after being absent from last weekend’s Truck Series event at Canadian Tire Motorsport Park. As a result, 18 employees within TSM have been laid off.
“The decision to lay-off any employee is painful and we realize the affects it has on their lives,” team co-owner Harry Scott, Jr. said in a release.
“However, the decisions made by TSM today are necessary and the responsible steps for all of TSM to ensure our commitment to our employees, partners and fans to be as competitive as possible.”
The release also states that the team would “do all it can to help those affected to find new roles in the industry.”
Prior to CTMP, four-time series champion Ron Hornaday Jr. had piloted the No. 30 Chevrolet Silverado to fourth in the standings with five Top-5 and 10 Top-10 finishes.
TSM took its other two Truck Series teams – the No. 31 for driver Ben Kennedy and the No. 32 for driver Cameron Hayley – up to CTMP for Sunday’s race. Additionally, TSM also fielded two cars for Saturday’s NASCAR Nationwide Series race at Atlanta Motor Speedway.
Over the weekend, it emerged that Scott and his fellow TSM co-owner, Steve Turner, have taken legal action against each other: Turner filing a lawsuit on Aug. 11 in a Texas court, and Scott filing a notice of complaint last Wednesday (Aug. 27) in North Carolina.
Turner’s suit says that he is seeking more than $3 million, and it also alleges that a $2 million debt to Turner (which existed when the two first partnered up and was to be paid by the team) has not yet been repaid.
The Sporting News has relayed details of Scott’s notice, which says that Turner’s allowed the team’s funding to be depleted and debts to go unpaid. Furthermore, he accuses Turner of not funding the entries as he was obligated to do so and of misapplying sponsorship funding/revenues.
Sep 18, 2014, 1:07 PM EDT
8Star Motorsports’ intentions of joining the Indy Lights grid for 2015 are close to becoming a reality.
Sep 18, 2014, 1:05 PM EDT
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Sep 18, 2014, 12:00 PM EDT
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Sep 18, 2014, 11:00 AM EDT
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Sep 18, 2014, 10:30 AM EDT
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Sep 18, 2014, 10:00 AM EDT
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Sep 18, 2014, 9:27 AM EDT
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Sep 18, 2014, 9:00 AM EDT
F1 ventures to Asia for its second annual glamor event in Singapore.
Sep 17, 2014, 8:00 PM EDT
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Sep 17, 2014, 7:18 PM EDT
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Sep 17, 2014, 6:15 PM EDT
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Sep 17, 2014, 5:30 PM EDT
Waltrip and partner Emma Slater are moving on to Week 2 despite a shaky opening performance.
Sep 17, 2014, 4:45 PM EDT
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Sep 17, 2014, 3:31 PM EDT
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Sep 17, 2014, 2:35 PM EDT
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Sep 17, 2014, 2:00 PM EDT
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Sep 17, 2014, 1:33 PM EDT
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Sep 17, 2014, 1:00 PM EDT
Ed Carpenter Racing and Sarah Fisher Hartman Racing, under new CFH Racing banner, will run Chevrolets in the 2015 Verizon IndyCar Series.
Sep 17, 2014, 12:36 PM EDT
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Sep 17, 2014, 11:19 AM EDT
DEWALT and STANLEY join Joe Gibbs Racing, for Carl Edwards and Matt Kenseth, in 2015.
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