Why did Tony Stewart sell his sprint car racing series to Kyle Larson?
Kyle Larson already co-owns the sprint car racing series, High Limit Racing, and is the reigning champion there.
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Kyle Larson and Tony Stewart (Via IMAGO)
2021 NASCAR Cup Series champion Kyle Larson and his business partner Brad Sweet will be the fifth owners of the All-Star Circuit of Champions as they announce the purchase of the sprint car racing championship. Three-time Cup champion Tony Stewart currently owns it. The Stewart Haas Racing co-owner purchased the series in 2015.
This is one of the biggest racing championships this season, just behind the CARS Tour. It was purchased by Dale Earnhardt Jr., Clint Bowyer, Kevin Harvick, and Trackhouse Racing’s Justin Marks. ASCC has been hosting races since 1970 and is one of the premier events in the winged sprint car racing series.
While explaining why he decided to sell the series to Kyle Larson, Tony Stewart admitted that he found it the right time to pass the torch to the HMS driver. He believes that under the Hight Limit Racing umbrella, Larson’s racing series, ASCC, will thrive into the foreseeable future, confirming his confidence in the new owners’ leadership.
Tony Stewart said in a statement released by ASCC:
We have developed great relationships with corporate partners, tracks, promoters, team owners, and drivers, all of which have contributed to the success of the All-Star Series. The time is right to pass the torch to Kyle and Brad. I have had many conversations with them both on their overall vision for 410 racing, and I am confident that with their leadership, the sport will continue to thrive into the foreseeable future.
What were Tony Stewart’s motives when he bought the series in 2015?
Just a year after he won the Cup series title as an owner, Stewart brought the team with Kevin Harvick in the No:4 Ford Mustang. With the help of his partners and sponsors, he has since made major contributions to the sports. Before breaking down Larson’s takeover, he claimed that the goals he set while taking over the side were accomplished already.
His primary goal was to unite the divided 410-winged sprint car racing with his purchase in 2015. He was able to do it within a span of years by successfully nullifying regional boundaries, expanding the race pursuit, and giving youngsters more opportunities while also helping seasoned veterans in the process.
When I purchased the All Stars in 2015, my intention was to unite what had become a divided class of regional 410 winged sprint car racing. Over the last nine years, not only have we unified, but we also pushed the boundaries on our geographic footprint, purse structure, and race format while providing a Series that has groomed young talent and provided a continued course for our seasoned veteran drivers.
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Justin P Joy
(4859 Articles Published)