NASCAR veteran and team owner Dale Earnhardt Jr. has cautioned race teams about the potential loss of control that comes with accepting outside investment. The warning, reported by EssentiallySports, highlights growing concerns in the sport as more teams seek external funding to remain competitive.
Earnhardt, who co-owns JR Motorsports in the Xfinity Series, spoke on the topic as NASCAR continues to see increased interest from private equity and other investors. The 2023 Food City 300 at Bristol Motor Speedway, where Earnhardt drove the No. 88 car, serves as a recent backdrop to his ongoing involvement in the series as both a competitor and team principal.
