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

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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.”

Meyer Shank Racing wins Petit Le Mans to take final DPi championship in dramatic finale

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Meyer Shank Racing outdueled Wayne Taylor Racing to win the Petit Le Mans and clinch the championship in a thrilling final race for the DPi division.

Tom Blomqvist, who started from the pole position, drove the No. 60 Acura ARX-05 to a 4.369-second victory over Pipo Derani in the No. 31 Action Express Cadillac.

“That was incredible,” Blomqvist told NBC Sports’ Matt Yocum. “I’ve never dug so deep in my life. The adrenaline. I did that for the guys. I was so motivated to win this thing this weekend. But I’ve got to thank everyone on the whole team.”

With co-drivers Oliver Jarvis and Helio Castroneves, Blomqvist helped MSR bookend its season-opening victory in the Rolex 24 at Daytona by winning Saturday’s IMSA WeatherTech SportsCar Championship season finale at Michelin Road Atlanta.

In between those two victories, the No. 60 earned five runner-up finishes to stay in the thick of the championship hunt and trail WTR’s No. 10 Acura by 14 points entering Saturday’s race.

WTR’s Filipe Albuquerque had a lead of more than 10 seconds over Blomqvist with less than 50 minutes remaining in the 10-hour race.

But a Turn 1 crash between the Chip Ganassi Racing Cadillacs brought out a yellow that sent both Acuras into the pits from the top two positions.

Though he entered in second, Blomqvist barely beat Albuquerque out of the pits, and he held the lead for the final 45 minutes.

Blomqvist said he gained the lead because of a shorter fuel fill after he had worked on being efficient in the second-to-last stint.

“The team asked a big job of me with the fuel; I had a big fuel number to hit,” Blomqvist said. “We knew that was probably our only chance. The yellow came at the right time and obviously we had a bit less fuel to fill up, so I was able to jump him and then it was just a matter of going gung-ho and not leaving anything on the line. And obviously, the opposition had to try too hard to make it work. I’m so thankful.”

Albuquerque closed within a few car lengths of Blomqvist with 14 minutes remaining, but he damaged his suspension because of contact with a GT car in Turn 1. The WTR car was forced to retire and finished ninth overall (sixth in DPi).

“I’m simply devastated with the ending,” Albuquerque said in a release. “I really think we were doing a perfect race and unfortunately the last pit stop wasn’t great for our side. Obviously, when you start on pole and up front, you always have a little bit of an advantage. Traffic always benefits the guy leading, and it got me big time there. Passing a GT car and I don’t think he saw me and the level of risk was high. We touched and my car was damaged and it was over for us. It was a bit inglorious to finish like that.”

Said teammate Ricky Taylor, who started third but had to pit on the second lap after a spin in qualifying damaged his tires: “I couldn’t be more proud to be teammates with Filipe. He gives everything and we wouldn’t be in this position in the championship without him. We take risks and I don’t even think what took us out was even a risk. He was fighting for the win and I had no doubt that he was going to pass the 60 car if he had the chance.”

It’s the first prototype championship for Meyer Shank Racing, which also won the 2021 Indy 500 with Castroneves.

“We’ve had in the last four years, three championships for Acura, the Indy 500 win and the Rolex 24, it doesn’t get any better,” team co-owner Mike Shank told NBC Sports’ Kevin Lee.

Said Jarvis in a release: “Full credit to the entire team and for Meyer Shank to come away with victory and the championship, that’s something really special. We won the two that counted most and the championship. This race definitely was not easy and there were moments where I thought this could end badly, but the car really came alive at night. Tom did an amazing job at the end of the race there.”

It’s the third consecutive runner-up finish in the points standings for Wayne Taylor Racing, which won the first Daytona Prototype international championship in 2017. The premier category will be rebranded as the Grand Touring Prototype (GTP) class with the LMDh cars that will establish a bridge to racing in the 24 Hours of Le Mans.

“Congratulations to Mike Shank for winning the drivers’ and teams’ championships,” team owner Wayne Taylor said in a release. “What can I say. We thought we had it, but didn’t. Everybody gave it their all.”

Kamui Kobayashi finished third in the No. 48 Cadillac of Action Express that also includes Jimmie Johnson and Mike Rockenfeller.

The podium showing marked Johnson’s last scheduled race in IMSA’s top prototype division. The seven-time NASCAR Cup Series champion has raced in the No. 48 Ally Cadillac lineup as the Action Express entry has run the Endurance Cup races.

Johnson said a lack of inventory will preclude him having a 2023 ride in the top category. But he still is hopeful of racing the Garage 56 Next Gen Camaro in next year’s 24 Hours of Le Mans and possibly running in a lower class for the Rolex 24 at Daytona.

“I’d love to be at Le Mans next year,” Johnson told NBC Sports’ Dillon Welch after his final stint Saturday. “I’d love to be at the Rolex 24. The series is going through a shake-up with the reconfiguration of the rules and classes, so I don’t have anything locked down yet, but I’m so thankful for this experience with Action. The support Ally has given us, Mr. Hendrick, Chad Knaus, all of Hendrick Motorsports. It’s been a fun two years, and I certainly hope I’m on the grid again next year.”