Who owns bk racing

The trustee has since determined that selling the team is the best route. So I believe the right owner, transition of ownership, would be the best thing for this team. I do not have the ability to run much past the end of the season. Smith said in court that since news of the plan to be sold, he has heard from 29 parties interested in BK Racing. One current employee and one former employee testified Wednesday that Devine bounced checks and issued W-2s that indicated they had been paid for the full year when they had not.

The bank has told the court that NASCAR, which could take the charter solely because of the bankruptcy, has indicated it would take the charter if BK Racing misses two consecutive events.

Smith, who was part of the North Carolina Motorsports Advisory Council, said in his testimony that anyone who works for BK Racing will have to get paid. NASCAR monitored the proceedings with an attorney, who only addressed the judge when it came to potentially entering exhibits that it would want to keep confidential. Skip to main content Skip to navigation. BK Racing operations to be handled by trustee.

Larson tops teammate Elliott for Phoenix Cup pole. Rhodes claims Trucks championship for ThorSport. Florida State Seminoles. Adelson: How UConn football became the biggest loser in realignment. UConn Huskies. Gausman or Ray? Kershaw or Verlander? Breaking down MLB offseason pitching landscape. San Francisco Giants.

Cincinnati Bengals. Los Angeles Rams. The different roads to the College Football Playoff for teams just outside the top four. Cincinnati Bearcats. LeBron James among the stars boarding the Paolo Banchero hype train. Duke Blue Devils. Odell Beckham Jr. College football betting nuggets: Baylor's home-field advantage. You've rejected analytics cookies.

We use cookies to make our services work and collect analytics information. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page. Next accounts made up to 31 March due by 31 December Last accounts made up to 31 March