Dale Earnhardt Jr. reveals lack of profitability in NASCAR teams. The NASCAR Hall of Famer has always been vocal about the financial challenges and concerns that arise from owning a racing team in NASCAR. This is due to the current state of NASCAR and the reason why none of the teams are able to generate profits.
During an episode of his podcast, Dale Jr. Download, the 49-year-old driver shared his thoughts on the agreement between NASCAR and the teams. He discussed how he never made money as a team owner, including his Xfinity team, JR Motorsports, and how none of the teams can turn a profit under the current agreement.
Dale Earnhardt Jr. expressed frustration with the overall situation and showed empathy towards the teams, understanding the significant amount of money invested behind the scenes. The financial situation of NASCAR teams seems to be quite complex after the new grant agreement, and NASCAR will likely need to address this issue to avoid future complications.
During the same conversation, Dale Earnhardt Jr., who is also a team owner at JRM, shared an interesting detail about Denny Hamlin’s perspective on the profitability of NASCAR teams. According to Earnhardt Jr., co-owner of 23XI Racing, Hamlin supports the teams and is actively working to make them profitable.
Earnhardt Jr. revealed that he has had several discussions with Hamlin about the importance of profitability and how they have been collaborating behind the scenes to help teams achieve financial success. Only time will tell if these efforts will lead to improvements in the financial situation of NASCAR teams.