Long time NASCAR team owner James Finch confirmed on Wednesday that he has sold his Phoenix Racing team. But Finch would not disclose the identity of the new owner, stating that the new owner wanted to make that announcement and would probably do so within the next few days. Names who have come up recently as interested potential owners include Turner Scott Motorsports co-owner Harry Scott Jr. and two-time Cup level championship driver Terry Labonte.
According to Finch, the new owner is new to the Sprint Cup Series. He also said that he would remain with the organization, in a consulting-type role, until the race weekend at Richmond (Va.) International Raceway in September.
Finch has had his team up for sale for quite some time because of his inability to find a suitable sponsor. The unidentified new owner is said to already have a sponsor lined up and will bring with him/her a driver. So far this year, A.J. Allmendinger, Regan Smith, Bobby Labonte, Jacques Villeneuve and Austin Dillon have spent time behind the wheel of the team’s Sprint Cup Series entry.
Finch has been a car owner in NASCAR for more than 20 years, fielding entries in both the Sprint Cup and Nationwide Series. Finch has also fielded a part-time entry in the Nationwide Series in 2013, driven by Kurt Busch. Busch is Finch’s most recent full-time driver, driving the No. 51 for most of the 2012 race season before heading to his current racing home, Furniture Row Racing, near the end of last year. Reigning Sprint Cup Series chajmpion, Brad Keselowski, posted the only win for Phoenix Racing at the Sprint Cup level, driving the then-numbered 09 car to victory lane at Talladega (Ala.) Superspeedway in April 2009.