NASCAR’s Phoenix Racing will have a new owner

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Cue the inevitable “Phoenix rising from the ashes” headlines.

Indeed a new buyer is expected to keep James Finch’s Phoenix Racing afloat. A Florida newspaper report that the No. 51 NASCAR Sprint Cup Series team would be changing ownership hands was confirmed Friday by NASCAR.com

“We’ve got a buyer, and we’re working on the final details to try and get everything buttoned up,” Phoenix Racing general manager Steve Barkdoll told NASCAR.com. “We hope to have something by the middle of July that will keep Phoenix Racing going forward.”

Phoenix Racing has used five different drivers (Regan Smith, AJ Allmendinger, Austin Dillon, Bobby Labonte and Jacques Villeneuve) this season. They took a gamble on Kurt Busch last year, providing the 2004 Cup champion a home after his high-profile release from Penske Racing. Phoenix won with Brad Keselowski at April in 2009, providing both team owner and driver their first ever wins at the Cup level.

F1 Paddock Pass: United States Grand Prix post-race (VIDEO)

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As Lewis Hamilton took another step towards his fourth Formula 1 World Championship Sunday at the United States Grand Prix at Circuit of The Americas, plenty of other topics of discussion emerged in the wake of Round 17 of the season from Austin.

Hamilton’s win came as his Mercedes AMG Petronas team claimed its fourth consecutive Constructor’s Championship, Scuderia Ferrari came up short once again despite a valiant effort in second and third, and Max Verstappen’s penalty after the race was the major talking point.

Elsewhere Valtteri Bottas struggled again, the Sahara Force India twins continued to pick up points, Carlos Sainz Jr. made a major positive impact in his first start with Renault, Brendon Hartley impressed on debut at Toro Rosso and Romain Grosjean and Haas F1 Team endured a tough weekend on Haas’ home soil.

Check out all the recap from the latest USGP in the latest post-race edition of the NBC Sports Group original digital series Paddock Pass with NBCSN pit reporter and insider Will Buxton, below.