Report: Former NASCAR Trucks driver Brian Rose to plead guilty of wire, mail fraud

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In an agreement filed Monday, Brian Rose, who competed part-time in the NASCAR Camping World Truck Series primarily in the early 2000s, will plead guilty for his role in creating a fake coal mining company that swindled investors of $15 million.

Bob Pockrass of the Sporting News writes that Rose will plead guilty to charges of wire fraud and mail fraud, and faces a sentence between eight to 20 years in prison. However, as part of the agreement, the government will drop additional charges of wire fraud against him.

Pockrass adds that no sentencing date has been set for Rose, who has been in custody since June. It’s also not the first time that the Rose family has had issues of this nature, as Rose’s own father was previously convicted of tax evasion and ordered to pay $15.4 million to settle allegations of securities fraud.

Per the indictment, Rose (under a fake name) and his co-conspirators lured in investors for coal mines and also set up another business entity after the Securities and Exchange Commission started to investigate in late 2013.

The group created ghost vendor companies to continue the scheme, and when no funds were paid, they persuaded investors to swap ownership of different mines – allegedly with false financial statements, mining expenses, and documentation of coal produced.

The indictment goes on to say that some of the money that was bilked from investors went toward Rose’s race team and buying new race cars.

Rose has competed in 41 Truck Series races, the bulk of those starts coming during the 2001 and 2002 seasons. In 2002, he failed to qualify for a Sprint Cup event at Martinsville Speedway.

He has not raced in the Truck Series since 2010, but most recently took part in this past year’s ARCA season opener at Daytona International Speedway, where he finished 15th.

IndyCar teams with NASCAR on IMS road course doubleheader in 2021

IndyCar NASCAR doubleheader 2021
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The NTT IndyCar Series will be sharing Indianapolis Motor Speedway with the NASCAR Cup Series in a race weekend doubleheader for the second consecutive season, but both series will be on the road course in August 2021.

IMS announced Wednesday that IndyCar will hold an Aug. 14, 2021 race on its 14-turn, 2.439-mile road course. It’ll be a day before NASCAR’s premier series runs the same layout for the first time after the Brickyard 400 was contested on the 2.5-mile oval for the first time in 27 years.

This season’s rescheduling of the IndyCar GMR Grand Prix to July 4, 2019 (a day before the Brickyard 400) led to the first NASCAR-IndyCar doubleheader weekend. The Xfinity Series also raced on the IMS road course for the first time July 4 after the IndyCar race ended.

INDYCAR AT IMS THIS WEEKEND: Harvest GP schedule, entry lists

IndyCar will be holding its second race weekend this year at the IMS road course Friday and Saturday with the Harvest GP.

“Our first NASCAR-INDYCAR weekend was a big success last July, with positive feedback from
our loyal fans who watched the races on NBC and from the drivers, teams and participants
involved,” IMS president Douglas Boles said in a statement. “The Xfinity Series’ debut on the IMS road course provided exactly the kind of thrilling action from the green to checkered flags that we anticipated, so we know the teams and drivers of the Cup Series will put on a great show as they turn left and right for the first time at IMS.

“We can’t wait to welcome back fans to see NASCAR and INDYCAR together during this
exciting weekend as we add another memorable chapter in the long, storied history of the
Indianapolis Motor Speedway.”

It also will mark the first NASCAR Cup-IndyCar doubleheader with a crowd as fans weren’t permitted at IMS in July because of the novel coronvavirus (COVID-19) pandemic.

Over the course of Wednesday, NASCAR is releasing its 36-race slate for next season. IndyCar has yet to release its full 2021 schedule.