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Race Team Alliance Confirms Acquisition of Speed51.com
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The Race Team Alliance, an organization representing a majority of NASCAR Cup teams, has purchased Speed51.com, according to published reports and statements from both groups.
Founded by NASCAR broadcaster Bob Dillner and other passionate short track aficionados, Speed51 bills itself as the home for behind-the-scenes stories and short track news for series all around the country including NASCAR’s Touring Series, Late Models, Modifieds and more. In 2015, Speed51.com created the Speed51 Network, an on-demand video network which now features thousands of short track racing videos from throughout North America.
Speed51.com released a statement that reads: “Speed51 confirms that it has been purchased by the Race Team Alliance. Post-acquisition, Speed51 will continue to operate in the manner as it always has and remains committed to providing the best in live, short-track racing to the racing fan base. The RTA, with its mission to promote North American stock car racing, is ideally suited to provide Speed51 with access to an overall larger racing fan base over time. Founder, Bob Dillner, will continue is his role as the President of Speed51.”
The Race Team Alliance includes: Stewart-Haas Racing, Joe Gibbs Racing, Richard Childress Racing, Team Penske, Hendrick Motorsports, Roush Fenway Racing, JTG Daugherty Racing, Richard Petty Motorsports, Chip Ganassi Racing, Germain Racing, Leavine Family Racing, Go Fas Racing and Wood Brothers Racing.
A statement sent to NBC Sports from the Race Team Alliance noted: “Race Team Alliance confirms the purchase of Speed51, a leading live, short-track racing distribution company based in Concord, NC. The RTA, which represents the common interests of its 13 NASCAR Cup Team members, looks for strategic opportunities which both compliment the RTA’s core principles of promoting and growing the sport and advancing the common interests of the member Race Teams. The RTA identified Speed51 as a growing company with strong synergies to RTA’s commitment to the racing community and aligns with our fan bases’ enthusiasm for grass roots racing. The Speed51/RTA combination will explore ways to create and distribute to race fans exciting new Team related content, and allow the Teams to better connect directly with their fans.
“Speed51, which first started operating as a short-track news and information site in early 2000’s, has become a prominent player in the live, short-track world, streaming over 400 races each year to a dedicated fan base. Founded by racing and sports broadcasting personality, Bob Dillner, Speed51 has consistently grown throughout the years and the RTA identified the company as one with great potential. Post-acquisition, Bob will continue in his role as the President of Speed51 and report to RTA’s Executive Director, Jonathan Marshall.”
Founded by NASCAR broadcaster Bob Dillner and other passionate short track aficionados, Speed51 bills itself as the home for behind-the-scenes stories and short track news for series all around the country including NASCAR’s Touring Series, Late Models, Modifieds and more. In 2015, Speed51.com created the Speed51 Network, an on-demand video network which now features thousands of short track racing videos from throughout North America.
Speed51.com released a statement that reads: “Speed51 confirms that it has been purchased by the Race Team Alliance. Post-acquisition, Speed51 will continue to operate in the manner as it always has and remains committed to providing the best in live, short-track racing to the racing fan base. The RTA, with its mission to promote North American stock car racing, is ideally suited to provide Speed51 with access to an overall larger racing fan base over time. Founder, Bob Dillner, will continue is his role as the President of Speed51.”
The Race Team Alliance includes: Stewart-Haas Racing, Joe Gibbs Racing, Richard Childress Racing, Team Penske, Hendrick Motorsports, Roush Fenway Racing, JTG Daugherty Racing, Richard Petty Motorsports, Chip Ganassi Racing, Germain Racing, Leavine Family Racing, Go Fas Racing and Wood Brothers Racing.
A statement sent to NBC Sports from the Race Team Alliance noted: “Race Team Alliance confirms the purchase of Speed51, a leading live, short-track racing distribution company based in Concord, NC. The RTA, which represents the common interests of its 13 NASCAR Cup Team members, looks for strategic opportunities which both compliment the RTA’s core principles of promoting and growing the sport and advancing the common interests of the member Race Teams. The RTA identified Speed51 as a growing company with strong synergies to RTA’s commitment to the racing community and aligns with our fan bases’ enthusiasm for grass roots racing. The Speed51/RTA combination will explore ways to create and distribute to race fans exciting new Team related content, and allow the Teams to better connect directly with their fans.
“Speed51, which first started operating as a short-track news and information site in early 2000’s, has become a prominent player in the live, short-track world, streaming over 400 races each year to a dedicated fan base. Founded by racing and sports broadcasting personality, Bob Dillner, Speed51 has consistently grown throughout the years and the RTA identified the company as one with great potential. Post-acquisition, Bob will continue in his role as the President of Speed51 and report to RTA’s Executive Director, Jonathan Marshall.”
