Terry Labonte

Report: Terry Labonte interested in buying Phoenix Racing — could brother Bobby be far behind?


Terry Labonte Racing? How about Labonte Brothers Racing?

Both have a pretty nice ring to them, don’t they?

And one of those names or something similar could soon become reality amid a report by The Associated Press on Thursday that two-time Sprint Cup champion Terry Labonte may be interested in purchasing Phoenix Racing from current owner James Finch.

Finch is looking to sell his team before he’s forced to shut it down permanently due to lack of funding and sponsorship.

And one of the potential suitors to purchase the team is the elder Labonte brother.

“James been trying to sell that thing for a long time and Terry told me about it,” younger brother Bobby Labonte said Thursday at Daytona International Speedway, where he was preparing for Saturday’s Coke Zero 400. “I hope Terry can do it.”

While it’s unlikely at this point that Bobby would join Terry as a co-owner, there’s no question that the elder brother is giving the purchase a great deal of thought.

“I think Terry would like to do it, but you’ve got to get money to feed the cow,” Bobby Labonte said.

There reportedly are at least two other individuals interested in buying the team, according to the AP report: Harry Scott, co-owner of Nationwide Series team Turner Scott Motorsports, and an unidentified potential buyer.

Terry Labonte was apparently not available for comment.

While Finch has had difficulty getting enough funding to keep the team operational and competitive, he has some of the best cars and equipment available, purchased or leased from Hendrick Motorsports.

That in itself would be a significant lure to anyone seeking to purchase the team’s assets and equipment.

Terry Labonte, 56, stopped racing full-time after the 2004 season, but has continued to run a limited part-time Sprint Cup schedule, including three of the 17 races held thus far in 2013.

But having a team to call his own may be a lure the Corpus Christi, Texas native can’t resist.

“I think he has a good feeling about things, about people,” Bobby Labonte said. “He enjoys it. He enjoys racing.

“You may not look at him and think that, but he likes being a part of successful things and helping people out, whether it’s having 20 employees or having a successful business. That’s just how he is.”

Terry Labonte won the then-Winston Cup championship in 1984 and 1996. He has 22 career wins in the Cup series and has earned nearly $45 million in 36 years and 884 race starts on the Cup circuit. Bobby Labonte won the Winston Cup crown in 2000 and has 21 wins in 706 starts over 22 years on the Cup circuit.

Could younger brother Bobby potentially drive for his older brother? That certainly seems like an intriguing possibility, especially since Bobby Labonte will miss up to five races this season for JTG Daugherty Racing as A.J. Allmendinger fills in to give the team a different driver perspective and input. Labonte did not race in last week’s event at Kentucky Speedway, breaking a streak of 704 consecutive starts, second-longest among active drivers behind Jeff Gordon’s 706 consecutive starts.

With Bobby Labonte in the last season of his current contract with JTG Daugherty, working for his brother may not be a bad idea. But the younger Labonte hedged about the possibility.

“That might be a little tough because we are different in a lot of ways,” Bobby Labonte said of racing for his brother. “He would do anything he could to help me, just like I’d do anything to help him. But there’s more to it than that.”

Grosjean takes grid penalty, Merhi to start from pit lane in Abu Dhabi

ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 28:  Romain Grosjean of France and Lotus drives during final practice for the Abu Dhabi Formula One Grand Prix at Yas Marina Circuit on November 28, 2015 in Abu Dhabi, United Arab Emirates.  (Photo by Clive Mason/Getty Images)
© Getty Images
Leave a comment

Romain Grosjean will start Sunday’s Abu Dhabi Grand Prix from the back of the grid after receiving a penalty for changing the gearbox on his Lotus car.

Grosjean failed to set a time in the second stage of Saturday’s qualifying session after a gearbox issue forced him to park up at the side of the track.

The Frenchman was classified 15th, but will now drop to P20 for the start of the race after taking a new gearbox to resolve the issue.

As a result, Sebastian Vettel, Fernando Alonso, Marcus Ericsson and Will Stevens all move up one place, filling out positions 15-18 on the grid.

Grosjean will start 19th after the stewards found that Manor had changed the suspension setup on Roberto Merhi’s car after qualifying, breaking parc ferme rules. The Spaniard is now required to start from the pit lane.

The Abu Dhabi Grand Prix is live on NBCSN and Live Extra from 7am ET on Sunday.

WATCH LIVE: Abu Dhabi Grand Prix on NBCSN, Live Extra from 7am ET

Mercedes driver Nico Rosberg of Germany steers his car during the first free practice at the Yas Marina racetrack in Abu Dhabi, United Arab Emirates, Friday, Nov. 27, 2015. The Emirates Formula One Grand Prix will take place on Sunday. (AP Photo/Luca Bruno)
© AP
Leave a comment

It all ends here – the 2015 Formula 1 season comes to a close under the floodlights of the Yas Marina Circuit today with the Abu Dhabi Grand Prix.

2015 will by no means go down as a classic season – those experiencing the kind of dominance Lewis Hamilton enjoyed rarely do – but it has nevertheless been an entertaining, interesting and intriguing one that has laid plenty of foundations for the future.

Nico Rosberg is one man who is looking firmly ahead to 2016 already, having rediscovered the kind of form that made him a title contender at this point last year. With six poles in a row and two wins on the bounce, the German will be gunning to make it a hat-trick on Sunday.

However, with Hamilton starting alongside him on the front row and an engine that is a little more overworked than most, Rosberg knows he faces a stiff challenge to end the year on a high and gain more momentum ahead of the new campaign.

This fascinating dynamic sets us up for a thrilling duel between Rosberg and Hamilton once again in Abu Dhabi, one year on from their scrap for the championship.

You can watch the Abu Dhabi Grand Prix live on NBCSN and Live Extra from 7am ET on Sunday. CLICK HERE to watch via live stream.

Few eras are ending on Sunday in Abu Dhabi, but it will nevertheless mark an important point for most on the grid. Max Verstappen, Carlos Sainz Jr. and Felipe Nasr will all finish their rookie years; Manor will have done what many doubted it could do by finishing a full season; quite whether drivers Will Stevens and Roberto Merhi will return with the team next year remains to be seen.

Alas, the end of the season is always a time for pressure to be released. After a busy year of jetting all over the world, the paddock will be afforded two months of respite before pre-season testing kicks into gear – a much-needed relief for many.

For those at home, make sure you enjoy the final race of the season and get your F1 fix in before the long winter kicks in.

You can watch the Abu Dhabi Grand Prix live on NBCSN and Live Extra from 7am ET on Sunday. CLICK HERE to watch via live stream.

Marko: Red Bull has been “fooled around”

xxxx during practice for the Abu Dhabi Formula One Grand Prix at Yas Marina Circuit on November 27, 2015 in Abu Dhabi, United Arab Emirates.
© Getty Images

Red Bull Racing advisor Helmut Marko claims that the team is still yet to formally agree an engine deal for the 2016 Formula 1 season after being “fooled around” by possible partners earlier in the year.

Red Bull expressed a desire to cut ties with current power unit supplier Renault earlier in the year, but looks set to agree a new deal that will see its relationship with the French manufacturer continue into 2016.

Earlier this week, Red Bull team principal Christian Horner claimed that an engine supply had been agreed for next year, but Marko’s most recent comments in an interview with the official F1 website suggest otherwise.

“I tell you: nothing is fixed at this very moment,” Marko said. “A car is nothing without an engine – that is the sad truth, otherwise we would be on the sunny side already!

“But a decision should be made this weekend – either Saturday night or Sunday. That makes still one more day to bargain.

“In this ‘game’, as you call it, we are passengers. We can’t influence what is going on at the moment. With our financial involvement in the sport that is a very dissatisfying situation.”

Marko said that Red Bull’s billionaire owner, Dietrich Mateschitz, had to be very patient because of promises broken by other engine suppliers, hinting at the breakdown in talks with Mercedes.

“He is so patient because we have been fooled around,” Marko said.

“We had deals and promises for engines which in the end didn’t come true.”

Red Bull is known to have thought it had agreed a deal with Mercedes, only for the German marque to reject it on competition grounds.

Ferrari offered Red Bull 2015-spec power units for 2016, and although this was turned down, Toro Rosso is understood to be in line to take these on.

Honda also discussed an engine deal with Red Bull, only for McLaren CEO Ron Dennis to veto any possible supply.

“It was fully supported by Honda that we didn’t have the capacity to engage another team, but someone had to stand up and say ‘this is not going to happen’,” Dennis is quoted as saying by Autosport in Abu Dhabi.

“This wasn’t me countering a desire of Honda, this was me taking responsibility for a decision, which goes with the job.”

Raikkonen: No secret to qualifying charge in Abu Dhabi

ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 28:  Kimi Raikkonen of Finland and Ferrari drives during final practice for the Abu Dhabi Formula One Grand Prix at Yas Marina Circuit on November 28, 2015 in Abu Dhabi, United Arab Emirates.  (Photo by Mark Thompson/Getty Images)
© Getty Images
Leave a comment

Kimi Raikkonen says that there was no secret behind his late charge to third place in qualifying for the Abu Dhabi Grand Prix, but remains realistic about his chances in Sunday’s race.

After seeing teammate Sebastian Vettel drop out in Q1, Raikkonen led Ferrari’s charge at the Yas Marina Circuit by finishing third behind the Mercedes duo of Nico Rosberg and Lewis Hamilton.

Raikkonen managed to edge out Force India driver Sergio Perez for P3 with his final lap in Q3, but the Finn said that there was no secret to his late charge.

“No real secret,” Raikkonen said. “Obviously the car has been handling pretty well all weekend.

“The laps haven’t been ideal many times. Even the first run, it was OK the lap, but I knew there was quite a lot of room to improve so I just tried to make one a bit better lap and it was enough.

“Obviously still a bit of a way off from what these guys can do but we did our best today.

“The Mercedes have been very quick today and yesterday, in the lap times they are a bit faster than us, but the race is tomorrow, so let’s see.

“I did my maximum today. Tomorrow is another day, we can only do our best and see where we’ll end up. We’ll try to make a good start and then see how it pans out, going from there and making the right decisions.”

The Abu Dhabi Grand Prix is live on NBCSN and Live Extra from 7am ET on Sunday.