Bubba Wallace Insider’s Venture Reveals Questionable Loophole in Hendrick Motorsports’ Impending Debt

NASCAR had recently levied an L-2 level penalty on Hendrick Motorsports for illegal modification of the hood louvers. The penalty is the biggest one yet with a combined amount of a whopping $400,000 for the team, and a reduction in 100 team and driver points along with 10 playoff points. However, their points penalty was later rescinded.

But the relief for Hendrick Motorsports was quite short. NASCAR picked up William Byron‘s #24 and Alex Bowman’s #48 for a post-race inspection after the Richmond race. They discovered that the team again violated NASCAR’s rule and levied an L-1 level penalty. However, Couch Racer, a venture of Bubba Wallace‘s spotter Freddie Kraft, questioned NASCAR on Twitter about sparing the winning car for post-race inspection and leaving the team with the potential of getting into debt.

Couch Racer questions NASCAR’s selective approach

Every week, NASCAR randomly selects two cars from the race and does their thorough inspection at its R&D department in North Carolina. NASCAR aimed at digging deep into Hendrick Motorsports yet again, but has apparently missed out on the winner’s car.

While  picking out on their inconsistencies, Couch Racer tweeted,

Kyle Larson, who scored the pole did not get under NASCAR’s scrutiny while the #24 and #48 drivers, who finished 24th and 8th respectively, did. NASCAR fined $75,000 each to the crew chiefs and suspended them for the next two races along with a 60 team and driver’s points reduction and 5 playoff points for modifying the greenhouses of both cars.

Read More: Chase Elliott’s Injury Might End Up Saving Him as Hendrick Motorsports Faces Massive Scrutiny Over Alleged $100K Breach

The weekly random check didn’t seem all that random after all. The team has a financial load of a whopping $550,000 and can soon fall into debt as the NASCAR writer reveals.

Is Hendrick Motorsports headed toward bankruptcy?

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The current revenue model for the teams accounts for 60-80% of revenue from sponsorships and the remaining from NASCAR’s media deals. Being such a capital-intensive sport, teams require enormous funds to put their car on the track. NASCAR writer, Austin Konenski shed some light on the same.

Over half a million dollars in penalty and no revenues in the previous season add up to the ongoing misery that Hendrick Motorsports is facing. The repeated violations proved to be very costly for the team, hinting toward impeding debt. Sustenance has become a prime concern for the team and only time seems to have an answer for that.

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