UPDATE:
There is a rumor that reports MWR has fallen on tough times and may go away. Is that true? Waltrip says, “I fancy myself as being a friend to one of the Web sites that is reporting that. But I have to say that the rumor is probably one of the most ridiculous things I have read on the internet.
We are probably on as good of footing financially as anyone in the garage area. We are focused on the future. When you are a new team, a lot of times there is turnover. There is reorganization. That is what is going on at MWR and will continue to happen until we hit our stride. We are not in any peril as being reported. We are very into what we are doing and what we need to do to be successful.”
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Have been hearing today that there might be trouble over at Michael Waltrip Racing. It seems that they are laying people off, telling them that it is because of financial issues.
The team, which currently fields three Sprint Cup cars, the #00, the #44 and the #55, and one Nationwide Series car, the #99, has had a less than stellar two seasons. Currently, all three teams are in the Top 35 in owners points, but just barely. The #00, and #55 sit 33rd and 34th and the #44 is 28th.
This year Waltrip brought on a partner, Robert Kauffman, after suffering huge losses on renovations for his Cornelius, NC race shop and a bad 2007 season. Primary sponsor UPS is also pulling out of the team at the end of this season.
The Nat\’l Assoc for Stock Car Racing Insiders
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