Ryan Preece has actually competed permanent in the NASCAR Cup Series because 2019 for JTG Daugherty Racing, racking up 5 top-ten surfaces. However, his strategies of doing it for a 3rd year have actually struck a grab. Speaking to Fox Sports’ Bob Pockrass, group co-owner Brad Daugherty exposed Preece’s #37 cars and truck just has adequate financing to run twenty-four of the thirty-six races, and also the absence of a charter implies Preece is not assured an area in every occasion.
From its opening in 2017 throughout of 2020, the #37 had a charter that secured it right into every race. During its initial period with Chris Buescher as chauffeur, it got a charter from Roush Fenway Racing‘s shuttered #16, which was sold to Team Penske‘s #12 after one year. Over the next three seasons, the #37 raced on a charter from the closed #77 of Furniture Row Racing, which JTG then sold to Spire Motorsports for the 2021 season. The #77 charter’s legal rights is mostly held by previous group proprietor Todd Braun, whose nephew Justin Haley periodically races for Spire.
“If they don’t get additional funding and get to a point during the year where they feel they are stretching themselves too thin, (JTG) will then make a decision on what races to skip,” explained Pockrass in a Twitter thread. “Daugherty said basically (the) deal for the 37 charter was for three years of JTG ownership (much like a lease since Braun able to execute some rights as part of JTG’s purchase) and then ‘we both walked away and that’s fine.’”
Pockrass ended the string by keeping in mind that as charters were being cost $5 million and also approximated profits were $3.5 million, the group plans to enjoy the marketplace to assess the stability of a two-car procedure. JTG’s #47, which has actually been their front runner cars and truck because their beginning, is hired and also presently driven by Ricky Stenhouse Jr. Preece drove the #47 in 2019 prior to transferring to the #37 in 2020.
“In many ways, the fact that the values have gone up is exactly why (the charter system is) in place,” tweeted driver Parker Kligerman. “Being the odd one out without one is simply bad-timing – not a knock on the system.”
Preece’s initial period in the #37 saw him tape-record 2 leading 10s and also an ideal coating of nine at Bristol in the loss as he completed twenty-ninth in factors. However, he additionally battled with uniformity throughout the year as a result of accidents and also mechanical problem (a comparable dilemma that tormented team-mate Stenhouse), that included a suspicious three-race stretch in which he completed last whenever. The 2013 Whelen Modified Tour champ additionally has 2 Xfinity Series wins and also an ideal Cup coating of 3rd at Talladega in 2019.
As an “open” cars and truck, Preece will certainly need to race his method right into the Daytona 500 using certifying time or solid coating in the Bluegreen Vacations Duel. The period opener currently has many non-chartered access that consist of Kaulig Racing‘s Kaz Grala, Team Penske‘s Austin Cindric, Front Row Motorsports‘ David Ragan, MBM Motorsports‘ Chad Finchum and also Timmy Hill, Beard Motorsports‘ Noah Gragson, and also Gaunt Brothers Racing‘s Ty Dillon. As thirty-six groups have charters, the 8 open motorists and also any type of yet-to-be-announced access will certainly need to defend the last 4 places. Preece completed eighth in his Daytona 500 début in 2019.