Red Bull Racing Team Release

There are reports floating around that Red Bull Racing may close up shop at the end of the season leaving two full race teams high and dry.  This team is different in that the sponsor also owns the race team, so no sponsor, no team.  Now normally we don’t discuss rumors, however we received the following direct from the team…

OFFICIAL TEAM RELEASE

MOORESVILLE, N.C. — Red Bull Racing Team is currently seeking outside investors as we evaluate next steps in the NASCAR Sprint Cup Series. We are not at liberty to comment on details while negotiations are under way.

Red Bull fully supports NASCAR and will continue its investment in America’s premier form of motorsports for the remainder of the 2011 season. The team’s focus will not waver as we fight for victories and a position in the 2011 Chase for the Sprint Cup.

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