Red Horse Racing said Monday it is suspending operations of the No.1 Toyota, driven by defending Camping World Truck Series champion Johnny Benson, effective immediately.
The team has attempted to secure sponsorship since last December, but has been unsuccessful in doing so. MiamiHerald.com
He said the team notified him Monday morning that the No. 11 Toyota would not finish the season. Red Horse will continue to field the No. 11 truck for T.J. Bell, who has some funding but is not fully sponsored.
“We gave it our best shot, and we tried as long as we could, but nothing materialized,” team owner Tom DeLoach said. “This is a tough economic climate, and the cost of fielding a NASCAR Camping World Truck Series team with essentially no support other than our manufacturer is too much for Red Horse Racing to bear alone.”
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Economic Woes Hit Petty And Benson
Benson said he believed Red Horse gave him a good chance to defend his series title, but the team had not lived up to his expectations. Benson, who finished fourth in Friday’s race at Texas Motor Speedway, is currently seventh in the standings with four top-10 finishes this season.
“The decision to close the team is a bit surprising because they told me they wanted to build a championship-caliber race team,” he said. “They hired a champion driver and a champion crew, and then decide to close the team instead of building the organization around it. So I am a little confused.”
Benson said he doubts he’ll be able to line up a ride in time for Saturday’s race at Michigan International Speedway, his home track. The Associated Press
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