Fox Sports’ Bob Pockrass reported Friday that JTG Daugherty Racing driver Ryan Preece will be forced into a part-time schedule if funding cannot be secured for the remainder of the 2021 NASCAR Cup Series season.
Preece has raced full-time for the organization since 2019.
The No. 37 team has sponsorship for just 24 of the 36 races and will operate as an open team for the 2021 season. That means Preece will have to make the field in time trials for the races that feature qualifying and post good enough results to make the field via the formula that will set the field in the remaining races.
The team could potentially miss races because it is no longer protected by the ownership charter it held over the past three seasons. That token which entitles its holder a guaranteed entry into every race is now controlled by Spire Motorsports.
That’s because the charter owner, Drew Braun, had a temporary rights agreement with JTG Daugherty over the past three years, but now it has been returned to Spire.
Braun is the uncle of NASCAR regular Justin Haley.