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Michael McDowell and the No. 34 Benebone Ford Mustang Dark Horse

By
Official Release
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Martinsville Speedway Competition Notes

MOORESVILLE, N.C. (October 30, 2024) – Michael McDowell will celebrate his 500th career NASCAR Cup Series start at Martinsville Speedway this weekend for the penultimate race of the 2024 season.

McDowell will become the 47th different driver in series history to make 500 starts or more and is one of six active full-time drivers in the Cup Series to reach the 500 start-plateau joining Kyle Busch, Martin Truex Jr., Denny Hamlin, Joey Logano and Brad Keselowski. The 39-year-old also made is first Cup Series start at Martinsville in 2008 driving for Michael Waltrip Racing. McDowell will be making his 28th start at the Martinsville Speedway, looking to improve on his 21st place result in the spring.

Benebone will be back on the No. 34 FRM Ford Mustang Dark Horse this weekend returning back to the track since Watkins Glen International, where McDowell finished 7th-place.

The NASCAR Cup Series track activity will begin Saturday, November 2nd with practice and qualifying at 1:00 pm ET on the NBC Sports app. The Xfinity 500 will be Sunday, November 3rd at 2:00 pm ET. Fans can watch the action live on NBC or listen via the Motor Racing Network and SiriusXM channel 90.

No. 34 Benebone Ford Mustang Dark Horse:

DRIVER MICHAEL MCDOWELL:

“It’s pretty special to be making my 500th career Cup Series start and to achieve such a big milestone in my career. Martinsville was where I got my first ever start back in 2008, so it’s cool that it has come full circle to this weekend. Just want to thank everyone who has been a part of this journey – team owners, sponsors and fans – who have supported me all these years.

“It’s awesome to have Benebone back on the car this weekend. We’ve run well every time they’ve been on our Ford Mustang Dark Horse this season, so we’re going to try to keep the momentum up at Martinsville.”

CREW CHIEF TRAVIS PETERSON:

“For anyone to have raced in this sport for as long as Michael has is pretty remarkable, especially with some of the names he’s included with. It’s an awesome honor to be on the box for his 500th start and I know the team is excited as well to be a part of this milestone.”

ABOUT FRONT ROW MOTORSPORTS

Front Row Motorsports (FRM) is a winning organization in the NASCAR Cup and CRAFTSMAN Truck Series. The team is the 2021 Daytona 500 and 2022 CRAFTSMAN Truck Series champions. The team was founded in 2004 and is owned by successful entrepreneur, Bob Jenkins. FRM fields the No. 34 and the No. 38 NASCAR Cup Series teams along with the No. 38 CRAFTSMAN Truck Series team from its Mooresville, N.C. headquarters. Visit teamfrm.com and follow FRM on social media: Twitter at @Team_FRM, Instagram at @team_frm and Facebook at facebook.com/FrontRowMotorsports.

Kaulig Racing Weekly Preview | Martinsville Speedway

By
Official Release
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Race Notes

Martinsville Speedway
XFINITY 500
NASCAR Cup Series (NCS)
Sunday, November 3 at 2:00PM EST
NBC | MRN | SiriusXM
Team Notes

  • Kaulig Racing has made 10 NCS starts at Martinsville Speedway.
  • So far in the 2024 season, Kaulig Racing has earned one pole award, one runner-up finish, 11 top 10s, 26 top 20s and led 108 laps.

Shane van Gisbergen, No. 16 Acceptance Insurance Camaro ZL1

  • Shane van Gisbergen will make his 12th NCS start this season, his first at Martinsville Speedway.
  • During his limited schedule in the 2024 NCS season, Van Gisbergen has earned a runner-up finish, two top 10s and led 49 laps with Kaulig Racing. He also earned the team its first NCS pole award.
  • The three-time Supercars Champion will carry the green and blue Acceptance Insurance livery this weekend at Martinsville Speedway. Acceptance Insurance has been helping people save money on their car insurance for more than 50 years. The company specializes in helping drivers with imperfect records find a policy customized to their needs and their budget. Acceptance’s low-cost insurance products also include renters’ insurance, as well as many other insurance options.

“I’m looking forward to racing the Cup car at Martinsville this weekend and getting a feel for how the car races on a short track. It will still be a challenge for me as I continue to learn on the ovals but excited to see how my Acceptance Insurance Chevrolet stacks up with the rest of the field. It’s going to be fun!” – Shane van Gisbergen on Martinsville Speedway

Daniel Hemric, No. 31 High Point Paint Services Camaro ZL1

  • Daniel Hemric has made three starts at Martinsville Speedway, earning two top-20 finishes.
  • Hemric has earned four top 10s, 12 top-20 finishes and led 15 laps in the 2024 season.
  • Hemric has completed 8,879 of 8,932 laps (99.4%), the most of any other driver in the 2024 season.
  • As a part of High Point Paint Services’ sponsorship of Hemricl at Martinsville Speedway, High Point Paint and Sherwin-Williams are donating a total of $30,000 to the Daniel Hemric Be The Change Scholarship at Rowan Cabarrus Community College. This contribution will allow for more scholarships to be granted annually from the endowment fund.

“Few people have supported my racing career longer than Hoyt Demis and High Point Paint Services, so it’s great to see them on the car this weekend. Making it more special is that High Point Paint and Sherwin-Williams are donating $30,000 to our Be The Change Scholarship at Rowan Cabarrus Community College, which will allow us to increase the number of scholarships we award annually. On the competition side of things, there are a lot of variables going into this weekend with the tires. We’re all looking forward to that challenge and maximizing our day at all costs.” – Daniel Hemric on Martinsville Speedway  

Race Details

Martinsville Speedway
National Debt Relief 250
NASCAR Xfinity Series (NXS)
Saturday, November 2 at 3:30PM EDT
The CW | MRN | SiriusXM
Team Notes

  • Kaulig Racing has made 24 starts at Martinsville Speedway. The team has earned three top fives and 11 top-10 finishes there.
  • Landon Cassill’s second-place finish at Martinsville in the NXS’ first trip there in 2022 marked Kaulig Racing’s best result at the half-mile track.
  • So far in the 2024 NXS season, Kaulig Racing has earned four wins, 14 top fives, 33 top-10 finishes and 372 laps led.

Josh Williams, No. 11 Alloy Employer Services Chevrolet Camaro

  • Josh Williams has made seven starts and recorded one top 10 in the NXS at Martinsville Speedway.
  • Williams finished 10th at Martinsville in the NXS’ first 2024 race there, his first top 10 of the season. The next day, he drove the No. 16 Camaro ZL1 in the NCS race at Martinsville, finishing two laps down in 27th.
  • Williams sits 17th in the NXS points standings with four top 10s and 14 laps led.

“Winding down the year with Martinsville, another one of my favorite race tracks. I’m a short-track guy, so I’m excited to get going there and hopefully have a good finish and maybe chase a clock.” – Josh Williams on Martinsville Speedway

AJ Allmendinger, No. 16 Amarr Chevrolet Camaro

  • AJ Allmendinger has made six NXS starts at Martinsville Speedway. He has led 68 laps and earned one top five and two top-10 finishes.
  • So far in the 2024 NXS season, Allmendinger has earned one win, seven top fives, 17 top-10 finishes and led 258 laps.
  • Allmendinger secured his spot in the Championship 4 after leading 102 laps and winning at Las Vegas Motor Speedway in the Round of 8.

“Martinsville has always been one of my favorite racetracks, and this is the first time we are able to go there without having to worry about points. We have the opportunity to just focus on strategy to put ourselves in the best position to win a Martinsville Grandfather Clock.” – AJ Allmendinger on Martinsville Speedway

Shane van Gisbergen, No. 97 Wendy’s Chevrolet Camaro

  • Shane van Gisbergen will make his second-career NXS start at Martinsville Speedway in the No. 97 Wendy’s® Chevrolet.
  • At Martinsville in April, Van Gisbergen was one spot shy of the top 10, recording an 11th-place finish in his first race at the short track.
  • Wendy’s® will serve as the No. 97’s primary sponsor on Saturday. Van Gisbergen’s paint scheme will feature Wendy’s® Frosty and Fries.

“Martinsville [Speedway] is an epic place, and I really enjoyed racing there in the spring. It’s another massive challenge for me and the racing is super intense once the field takes the green flag. Excited to see how much my team can keep improving and hope for another solid result in my Wendy’s Chevrolet on Saturday.” – Shane van Gisbergen on Martinsville Speedway  

About Kaulig Racing

Kaulig Racing™ is a full-time, multi-car NASCAR Cup Series (NCS) and NASCAR Xfinity Series (NXS) team, owned by award winning entrepreneur, Matt Kaulig. Established in 2016, Kaulig Racing™ has earned 23 NXS wins, made the NXS Playoffs consecutively each season since the playoff system started, and won two regular-season championships. In 2021, the team competed in select NCS events, before expanding to a two-car, full-time NCS team in 2022 and adding a third, part-time entry during the 2023 season. Since its first NCS start in 2021, the team has earned two wins. Kaulig Racing is currently fielding two full-time entries in the NCS and continues to field three full-time NXS entries, with a part-time fourth entry at select events. To learn more about the team, visit kauligracing.com.

Bootie Barker Set to Call Final Race for No. 23 Team at Phoenix

By
Official Release
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Charles Denike to replace Barker, who will remain with 23XI, following season finale

Huntersville, N.C. (Oct. 30, 2024) – 23XI Racing announced today that veteran crew chief Bootie Barker will call his final race with Bubba Wallace and the No. 23 team at the season finale at Phoenix Raceway. Following the end of the season, Barker will be replaced by Charles Denike, the current crew chief for the No. 19 truck team at McAnally-Hilgemann Racing in the NASCAR CRAFTSMAN Truck Series. Barker will remain with 23XI and continue to work with the competition leadership team to prepare cars and strategize for races. His new role will be based at Airspeed.

“23XI has been good to me, and I hope I have been as good for 23XI,” said Bootie Barker. “Loyalty is important to me and I will continue to do all I can in my new role to help everyone here succeed. I was fortunate to be a part of 23XI’s inception, and I look forward to being a part of the team’s continued journey.

“Since joining 23XI, Bootie has provided Bubba and the No. 23 crew with the leadership and confidence they needed to grow into the team they are today,” said Dave Rogers, 23XI Director of Competition. “As we began to look ahead to next season, we decided that Bootie’s experience would best serve the organization in a different role based at Airspeed. His input will continue to be an asset to our teams. We’re excited to welcome Charles to the organization and look forward to getting started with him at the end of the season. He will be a terrific addition to the No. 23 team and 23XI as we continue to work to be better.”

“Bootie has meant a lot to me and the No. 23 team,” said Bubba Wallace, driver of the No. 23 Toyota Camry. “We’ve been together for some special moments, and I’m glad he’s still going to be a part of what we’re building at 23XI. I’m excited to work with Charles and see what we can accomplish together.”

Denike joins 23XI and the No. 23 team after working as a team manager, race engineer, and crew chief in several of NASCAR’s touring series. In 2012, Denike began his racing career with Precision Performance Motorsports as the team manager overseeing their K&N Pro Series East and Xfinity Series teams. While with the team, he oversaw their expansion into the Xfinity Series and served as a crew chief with the K&N team before moving to GMS Racing in 2016. In his first three years at GMS, he worked as a race engineer on the truck and Xfinity programs before moving to the crew chief role in 2020. Denike was crew chief for three trucks at GMS over three seasons, earning two wins, before moving to McAnally-Hilgemann Racing in 2022 to crew chief the No. 19 truck. In 2023, Denike helped earn the company’s first win and first playoff berth, and to date has earned nine wins. The move to 23XI will be Denike’s first experience in the Cup Series.

“I am excited for the 2025 season with the No. 23 team and to work with Bubba and all of 23XI Racing beginning in the offseason,” said Charles Denike, newly named crew chief for the No. 23 team. “Bubba is a proven winner, and I believe we will bring out the best in each other. Thank you to Michael, Denny, and Dave for the opportunity to join the 23XI family. They have built an incredible culture at Airspeed. I am a believer that winning is a process. When you step foot into Airspeed, you see the tools and resources that it takes to win and are surrounded by people with the same vision and mindset. I am looking forward to this next chapter and to be able to contribute to 23XI’s growth and journey to winning championships.”

Before his NASCAR career, Denike served nine years in the US Army as an engineer officer. During his military service, Denike served as an Executive Officer, Plans Officer, Company Commander, and Brigade Engineer on various duty assignments, including underwater searches and inspections, battalion and future operations planning, construction manager, and facilities manager. Denike earned the rank of Major before being honorably discharged from active duty. Denike earned a mechanical engineering degree from the University of Virginia and a Master of Science in engineering management from the Missouri University of Science and Technology.

About 23XI Racing

23XI Racing – pronounced twenty-three eleven – was founded by NBA legend Michael Jordan and three-time Daytona 500 winner Denny Hamlin in 2020. With rising NASCAR star Bubba Wallace selected to drive the No. 23 Toyota Camry, the team made its NASCAR Cup Series debut in the 2021 Daytona 500 at Daytona International Speedway. Wallace made history on October 4, 2021, when he captured his first career Cup Series win, becoming just the second African American to win in the Cup Series, and earning 23XI its first-ever victory. 23XI expanded to a two-car organization in 2022 with Cup Series Champion Kurt Busch driving the No. 45 Toyota Camry. With a win at Kansas Speedway in May of 2022, Busch earned 23XI the team’s first-ever playoff berth. 23XI currently features the lineup of Bubba Wallace in the No. 23 Toyota Camry and Tyler Reddick in the No. 45 Toyota Camry. The team operates out of Airspeed, a state-of-the-art facility in Huntersville, N.C. that opened in January of 2024.

Layne Riggs and the No. 38 Infinity Communications Ford F-150

By
Official Release
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Martinsville Speedway Competition Notes

MOORESVILLE, N.C. (October 30, 2024) – Layne Riggs returns to his short-track roots as the NASCAR CRAFTSMAN Truck Series returns to Martinsville Speedway.

With just two races remaining on the schedule, the Bahama, NC native heads to the Southern Virgina short-track looking to further solidify his spot as this year’s Sunoco Rookie of the Year for the Truck Series. So far, Riggs has earned two wins, seven Top-5’s, and eight Top-10’s.

The NASCAR CRAFTSMAN Truck Series will practice & qualify on Friday, November 1st at 1:30 PM ET. The 200-lap event is scheduled for later that evening at 6:00 PM ET. Fans can watch the action live on FS1 or listen in via the Motor Racing Network and SiriusXM channel 90.

No. 38 Infinity Communications Group Ford F-150:

DRIVER LAYNE RIGGS:

“I love Martinsville, and any short-track really. We had a really good qualifying run there in the Spring, but we didn’t quite execute to get the finish we wanted. I think we have a good shot at it this weekend, though. The team has been on it from an execution standpoint, I just have to go out there and do what I do best to put us in contention.

“It’s great to see Infinity Communications back on our Ford F-150. They have been on the frontlines during these hurricanes, and I couldn’t be more proud of them for all they do. Hopefully I can pay them back with a trip to Victory Lane.”

ABOUT FRONT ROW MOTORSPORTS

Front Row Motorsports (FRM) is a winning organization in the NASCAR Cup and CRAFTSMAN Truck Series. The team is the 2021 Daytona 500 and 2022 CRAFTSMAN Truck Series champions. The team was founded in 2004 and is owned by successful entrepreneur, Bob Jenkins. FRM fields the No. 34 and the No. 38 NASCAR Cup Series teams along with the No. 38 CRAFTSMAN Truck Series team from its Mooresville, N.C. headquarters. Visit teamfrm.com and follow FRM on social media: Twitter at @Team_FRM, Instagram at @team_frm and Facebook at facebook.com/FrontRowMotorsports.

NASCAR reveals Homestead penalty report

By
Andrew Kim
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Photo by John Knittel for SpeedwayMedia.com.

Conner Jones issued a one-race Truck Series Suspension

Conner Jones was issued a one-race suspension for his on-track actions following this past weekend’s NASCAR Craftsman Truck Series Playoff event at Homestead-Miami Speedway on October 26 as part of a triple-header weekend in South Florida.

Jones’s actions occurred on Lap 75 of 134, where he deliberately hit the rear end of Matt Mills’ No. 42 Niece Motorsports Chevrolet Silverado RST entry following an earlier altercation between both competitors. The contact from Jones got Mills loose before he veered to the right across the racetrack and hit the Turn 4 outside wall on the right side hard as Mills’ damaged truck then erupted in flames.

Mills escaped the wreckage with the aid of medical personnel and was transported to a local hospital for further evaluation. Two days later on October 28, he was released and took to social media to express his gratitude for the support he received during his recovery. He has also been medically cleared to race for this upcoming weekend’s event at Martinsville Speedway.

Jones received a two-lap penalty for the incident and finished in 25th place of the 34-truck field. Following the event, he declined to speak to the media but later apologized for his actions through a statement.

Jones, previously set to mark the 13th of 14 planned events on the Truck Series schedule during the upcoming weekend at Martinsville, will miss the race due to the suspension. However, he will return to action for next weekend’s season-finale event at Phoenix Raceway. As a result, former Truck Series champion Johnny Sauter, initially set to compete with Hattori Racing Enterprises, is will pilot Jones’ No. 66 ThorSport Racing Ford F-150 entry at Martinsville, per the qualifying order sheet.

Layne Riggs Truck Series Team Issued L1 Penalty

NASCAR also issued an L1-level penalty to the Craftsman Truck Series No. 38 Front Row Motorsports (FRM) Ford F-150 entry piloted by rookie Layne Riggs due to an improperly mounted ballast that resulted in Riggs starting at the rear of the field for the main event. Riggs would proceed to finish in 22nd place, the final truck scored a lap down, after he ran out of fuel while running in second place on the penultimate lap.

Riggs’ No. 38 FRM Ford team was also docked 10 driver/owner points as a result of the ballast penalty, and crew chief Dylan Cappello was issued a one-race suspension. Amid the points penalty, Riggs remains in 11th place in the driver’s standings.

Photo by John Knittel for SpeedwayMedia.com.

Three Xfinity Series crew chiefs fined $5,000 each

Three Xfinity Series crew chiefs were issued fines due to a single lug nut that was not secured on each of their respective entries The crew chiefs penalized include Mardy Lindley, crew chief for Playoff contender Sam Mayer and the No. 1 JR Motorsports Chevrolet Camaro team, Andy Street, crew chief for Playoff contender and race winner Austin Hill and the No. 21 Richard Childress Racing (RCR) Chevrolet Camaro team and Joe Williams, crew chief for Kyle Sieg and the No. 39 RSS Racing Ford Mustang team.

The lug nut penalty issued to RCR’s No. 21 team and the fine to Street do not affect Hill’s victory as he is already guaranteed a spot into this year’s Championship 4 round and compete for the 2024 Xfinity Series championship at Phoenix Raceway next Saturday.

NASCAR Cup Series

There were no penalties levied on any Cup Series teams following this past Sunday’s Playoff event at Homestead which was won by Playoff contender Tyler Reddick.

The NASCAR Craftsman Truck, Xfinity and Cup Series divisions return to action this upcoming weekend at Martinsville Speedway for the final Round of 8 events for all three series. The Truck division will commence the weekend on Friday, November 1, at 6 p.m. ET on FS1 while the Xfinity division will occur the following day, November 2, at 4 p.m. ET on the CW Network. The Cup division will conclude the weekend on Sunday, November 3, at 2 p.m. ET on NBC.

Toyota Racing Weekly Preview 10.30.24

By
Official Release
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This Week in Motorsports: October 28 – November 3, 2024

NCS/NXS/NCTS: Martinsville Speedway – Nov. 1-3
NHRA: The Strip at Las Vegas Motor Speedway – Nov. 1-3

PLANO, Texas (Oct. 30, 2024) – NASCAR and the NHRA both reach their penultimate races this weekend as championship battles intensify. NASCAR’s three national series are in Martinsville for the Round of 8 cutoff race to decide who will race in Phoenix for the championship. NHRA is in Las Vegas for the second time this season as the Countdown to the Championship nears its conclusion.

NASCAR National Series – NCS | NXS | NCTS

Camry XSE drivers fight for chance at a championship … After his monumental victory at Homestead on Sunday, Tyler Reddick has locked himself into the Championship 4 at Phoenix Raceway – the first NCS title race appearance for he and 23XI Racing. His Camry XSE teammates, Christopher Bell and Denny Hamlin have work in front of them to also advance to the championship race. Bell is in a solid position as things currently sit, 29 points above the cutline, while Hamlin will enter Sunday’s race 18 points below.

Toyota continues Championship 4 streak… With Reddick’s victory, Toyota will continue its streak as the only manufacturer to have at least one driver in every Championship 4. Since NASCAR switched to this points system in 2014, Toyota has been represented by Hamlin (2014, 2019, 2020, 2021), Kyle Busch (2015, 2016, 2017, 2018, 2019), Carl Edwards (2016), Martin Truex Jr. (2017, 2018, 2019, 2021) and Bell (2022, 2023).

Hamlin back at favorable Martinsville … In racing for a spot in the Championship 4, Hamlin is back at Martinsville Speedway, which has been a strong track for he and the Joe Gibbs Racing No. 11 team of late. The 43-year-old has three top-five finishes in the last four Martinsville races, and four in the last seven. Hamlin also has five career victories at the half-mile oval (2008, 2009, 2010 – twice and 2015). Adding a sixth Martinsville triumph to his name would secure Hamlin a spot in the Championship 4 for the sixth time in his career and first since 2021.

Toyota seeks to continue pole streak … Following the pole by Reddick last weekend at Homestead, which capped off its 13th-all time national series race weekend pole sweep, Toyota will look to pace the field for the third consecutive weekend. This would be the third time this season Toyota would have three poles in a row and would give the manufacturer its 13th pole of the season, as it already has the most in the Cup Series.

Smith to go all in at Martinsville … Entering Saturday’s race 28 points below the Xfinity Series Playoff cutline, Chandler Smith will be going for victory at Martinsville. The half-mile Virginia oval has been a solid place for the Georgia native, who has two top-10s in his three career Xfinity Series starts, including a third-place finish in the spring.

Bubba Pollard makes GR Supra debut … Georgia native Bubba Pollard will make his second career Xfinity Series start, and Toyota debut, with Sam Hunt Racing this weekend in the No. 26 GR Supra. Pollard, an accomplished late model racer and champion, made his Xfinity Series debut in the spring at Richmond, where he finished an impressive sixth place.

It comes down to Martinsville for Heim and Gray … Friday night’s 200-mile race at Martinsville Speedway offers one last chance for Corey Heim and Taylor Gray to lock themselves into the Truck Series Championship 4. Heim, who seeks his second consecutive appearance in the title race, currently sits a favorable 49 points above the cutline after a fourth-place result last weekend at Homestead, which included his first pole of the 2024 season. For Gray, he is currently 24 points below the cutline following his 10th-place finish at Homestead. He has been strong at Martinsville Speedway so far in his career with top-10 finishes in all three of his starts.

NHRA – Top Fuel | Funny Car

Ashley, Brown lead Toyota title fight contingent … With just two races remaining in the 2024 NHRA season, Toyota continues to hold serve in Top Fuel. Justin Ashley, following his victory at Ennis three weeks ago, holds a 44-point advantage over Toyota teammate, Antron Brown in the Top Fuel points standings heading to Las Vegas this weekend. Following those two is Shawn Langdon in third, 76 points behind and Steve Torrence in fourth, 88 points back. Doug Kalitta is seventh and Billy Torrence is 10th in the current standings. In Funny Car, Ron Capps remained in the fourth points position after a finals appearance at Ennis. J.R. Todd is eighth and Alexis DeJoria is 10th going into Las Vegas.

Toyota looks to continue streaks … After the win by Ashley in Top Fuel and finals appearance by Capps in Funny Car in Ennis, Toyota continued its incredible hot streak in NHRA. Ashley’s triumph made it 16 Top Fuel victories for Toyota in the last 19 races, dating back to Pomona last November. The final appearances by Ashley and Capps marked 41 consecutive NHRA races that Toyota has had at least one finalist.

About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in North America for more than 65 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.

Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of nearly 47 million cars and trucks at our 14 manufacturing plants. In 2025, Toyota’s plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 30 electrified options.

For more information about Toyota, visit www.ToyotaNewsroom.com.

Top Trends in the Used Car Market for 2024: What Buyers and Dealers Need to Know

By
SM
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Photo by Scharfsinn at https://depositphotos.com/

The used car market is evolving rapidly, influenced by technological advancements, economic shifts, and changing consumer preferences. As we move into 2024, both buyers and dealers need to stay informed about the latest trends to make well-informed decisions. This article explores the top trends in the used car market, providing valuable insights for anyone involved in buying or selling used vehicles.

1. Increased Demand for Electric Vehicles (EVs)

Electric Vehicles (EVs) are no longer just a small market segment. With growing environmental awareness and government incentives, more consumers are considering EVs as a viable option. The used car market is seeing a surge in the availability and demand for pre-owned EVs. Buyers are attracted to the lower prices of used EVs compared to new ones, while dealers are expanding their inventory to include more electric options. Electric vehicles can also offer the buyer, tax credits to bing down their yearly tax bill.

  • Benefits for Buyers: Lower purchase price, reduced maintenance costs, and environmental benefits.
  • Benefits for Dealers: Expanding market segment, potential for higher margins on EV sales.

2. Digital Transformation in Car Buying

The online digital transformation of the entire car buying experience is one of the most significant trends for the used car market. Online platforms such as CarZing and other digital tools are making it easier for buyers to research, compare, and purchase vehicles without stepping into a dealership.

  • Virtual Showrooms: Many dealers now offer virtual tours of their inventory, allowing buyers to explore cars from the comfort of their homes.
  • Online Financing: Digital financing options streamline the purchasing process, making it quicker and more convenient, saving you time at the car dealership.
  • AI-Powered Recommendations: Advanced algorithms help match buyers with vehicles that meet their specific needs and preferences.

3. Rising Popularity of Certified Pre-Owned (CPO) Vehicles

Certified Pre-Owned (CPO) vehicles are gaining popularity due to their balance of affordability and reliability. CPO programs offer used cars that have undergone rigorous inspections and come with extended warranties, providing peace of mind to buyers.

  • Advantages for Buyers: Assurance of quality, extended warranties, and often, additional perks like roadside assistance. Other advantages is knowing you are not buying the car as-is.
  • Advantages for Dealers: Higher profit margins compared to non-certified used cars, increased customer trust and satisfaction.

4. Shift Towards Subscription Services

Car subscription services are emerging as a flexible alternative to traditional car ownership, especially in cities with public transportation. These services allow consumers to pay a monthly fee to access a variety of vehicles, with maintenance and insurance often included.

  • Benefits for Buyers: Flexibility to switch cars based on needs, no long-term commitment, and inclusive maintenance. This helps buyers who don’t have space for a car, or rarely use a car to still have the ability to use a car when needed
  • Benefits for Dealers: Steady revenue stream, opportunity to reach a new customer base, and reduced inventory risks.

5. Impact of Economic Factors

Economic conditions play a crucial role in shaping the used car market. Factors such as inflation, interest rates, and fuel prices can influence buyer behavior and market dynamics.

  • Inflation: Rising prices may push more consumers towards the used car market as a cost-effective alternative to new cars.
  • Interest Rates: Higher interest rates can affect financing options, making used cars more attractive due to lower overall costs.
  • Fuel Prices: Fluctuating fuel prices can drive demand for fuel-efficient and hybrid vehicles.

6. Enhanced Focus on Vehicle History and Transparency

Transparency is becoming increasingly important in the used car market. Buyers are more informed and demand detailed vehicle history reports to ensure they are making a sound investment.

  • Vehicle History Reports: Comprehensive reports that include accident history, service records, and previous ownership details.
  • Transparency Tools: Digital tools and platforms that provide real-time information about a vehicle’s condition and history.

7. Growth of Peer-to-Peer Sales Platforms

Peer-to-peer sales platforms, such as Facebook Marketplace are revolutionizing the way used cars are bought and sold. These platforms connect buyers directly with sellers, often resulting in better deals for both parties.

  • Advantages for Buyers: Potentially lower prices, direct communication with sellers, and a wider selection of vehicles.
  • Advantages for Sellers: Higher selling prices compared to trade-ins, direct negotiation with buyers, and a larger audience.

Conclusion

The used car market in 2024 is set to be dynamic and full of opportunities for both buyers and dealers. By staying informed about the top trends in the used car market, you can make better decisions and take advantage of the evolving landscape. Whether you are looking to buy a reliable vehicle or expand your dealership’s inventory, understanding these trends will help you navigate the market with confidence.

Remember, the key to success in the used car market is staying adaptable and informed. Keep an eye on these trends, and you’ll be well-equipped to make the most of the opportunities that 2024 has to offer.

Wood Brothers Racing Names Miles Stanley as Crew Chief for 2025

By
Official Release
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Historic team readies for 75th anniversary season

STUART, Va. (October 30, 2024) – Miles Stanley, a seasoned race engineer in the NASCAR Cup Series and longtime employee of Team Penske, will transition to Wood Brothers Racing in 2025 – the team’s 75th anniversary season – to serve as crew chief of the famed No. 21 Ford Mustang with driver Josh Berry.

Stanley, a native of Akron, Ohio, currently serves as Team Penske’s performance engineering manager, a role he has held for three years. Previously, Stanley served as the race engineer for Joey Logano’s championship-winning No. 22 team from 2013 to 2019. He was instrumental in the team’s success those seven seasons including 21 wins and qualifying for the NASCAR Playoffs Championship 4 three times which led to the series title in 2018.

After finishing fifth in the Cup Series standings in 2019, Stanley transitioned to the No. 12 team in 2020 with Ryan Blaney behind the wheel. The duo battled for race wins throughout the season, extending Ryan Blaney’s streak of four consecutive seasons with a win and playoff berth. In 2021, Stanley earned his first opportunity as a crew chief with Team Penske in the Cup Series, leading the team’s part-time No. 33 entry with Austin Cindric before taking on his current role in 2022 where he also contributed to the organization’s 2022 and 2023 Cup Series championships.

“The Wood Brothers name is synonymous with the sport of NASCAR, and to be able to serve as the crew chief for the iconic No. 21 is an incredible opportunity,” said Stanley. “I’m looking forward to working with Josh Berry, whose skills and enthusiasm are sure to bring great value to the team. It’s an exciting time for the Wood Brothers with the addition of Josh Berry and the celebration of their 75th anniversary in NASCAR in 2025. We’ll be ready to hit the ground running.”

Stanley attended the University of Akron and graduated with a degree in mechanical engineering in 2007. After completing college, Stanley began his career in open-wheel racing, working for Polestar Racing Group in the Champ Car Atlantic Series. During his time there, Stanley served as both an engineer and crew chief.

In 2009, Stanley transitioned from open-wheel racing to stock cars as he joined Robby Gordon Motorsports, first serving as race engineer, then becoming a crew chief for Gordon’s part-time Cup Series team. Stanley joined BK Racing for its 2012 Cup Series campaign as the head of race track engineering. He oversaw the engineering programs on both the No. 83 and No. 93 Cup Series cars before he got the opportunity to join the Penske organization for the 2013 season.

“Miles has built an impressive resume filled with wins and championships, and he has a deep, technical understanding of the sport. His commitment and impressive track record make him a perfect fit for the No. 21 team as we enter an exciting new chapter,” said Jon Wood, president, Wood Brothers Racing. “Over the years, we’ve been fortunate to work with some of the most talented crew chiefs in NASCAR, and I look forward to seeing what Miles and Josh accomplish on the track next year.”

Stanley’s first race atop the No. 21 Wood Brothers Racing pit box will be for the inaugural Clash at Bowman Gray Stadium in Winston-Salem, North Carolina, on Sunday, February 2, to kick off the 2025 Cup Series season.

About Wood Brothers Racing
Wood Brothers Racing was formed in 1950 in Stuart, Va., by Hall of Famer Glenn Wood. Wood Brothers Racing is the oldest active team and one of the winningest teams in NASCAR history. Since its founding, the team won 100 races (including at least one race in every decade for the last seven decades) and 120 poles in NASCAR’s top-tier series. Fielding only Ford products for its entire history, the Wood Brothers own the longest association of any motorsports team with a single manufacturer. Glenn’s brother, Leonard, is known for inventing the modern pit stop.

JR Motorsports — NXS Martinsville Speedway Review

By
Official Release
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JR Motorsports Team Preview
TRACK – Martinsville Speedway (.526-mile short track-oval)
NXS RACE – National Debt Relief 250 (250 laps / 131.5 miles)
TUNE IN – CW, MRN, SiriusXM Channel 90 at 4:00 p.m. (ET)

Sam Mayer

No. 1 – 10X Health Chevrolet

Mayer 2024 NXS Stats

Starts: 31

Wins: 3

Top 5s: 8

Top 10s: 13

Laps Led: 224

Avg. Finish: 17.8

Points: 7th

  • Sam Mayer will make the short trip to Martinsville Speedway this weekend for the final race in the NASCAR Xfinity Series Round of 8 looking to race his way into the Championship 4.
  • The young driver has six previous starts at the .526-mile short track where he has tallied three top-five and four top-10 finishes with a best of second coming this past spring.
  • In 24 starts on tracks measuring one mile or less in length, Mayer has recorded one win (Iowa, 2024), nine top fives and 13 top 10s.
  • With one race left to make it into the Championship 4, the 21-year-old currently sits seventh in the playoff standings, 47 points below the cutline.

Sam Mayer

“The past few weeks have not worked out for us points-wise, but I know this No. 1 JR Motorsports team is ready for Martinsville and we are going to give it our all. We have put in the work all year long and this group deserves a chance at that championship. Martinsville has always been one of my favorite tracks and I have a lot of confidence here as we came up just one spot short in the spring. Mardy (Lindley, crew chief), myself and the guys are ready to take that top spot and head to Phoenix.”

Justin Allgaier

No. 7 Jarrett 25 Years Chevrolet

Allgaier 2024 NXS Stats

Starts: 31

Wins: 2

Top 5s: 8

Top 10s: 18

Laps Led: 705

Avg. Finish: 14.2

Points: 1st

  • Justin Allgaier enters the third and final race in the Round of 8 at Martinsville as the points leader, 32 markers above the NXS Playoff cutline.
  • Allgaier is the defending winner of this race, having gone to Victory Lane in dramatic fashion after taking the checkered flag in a photo finish to clinch his spot in the Championship 4.
  • Overall, in eight career NXS starts at Martinsville, Allgaier has earned five top fives and seven top 10s to accompany last season’s win.
  • In his NXS career on short tracks, Allgaier has amassed six wins, 28 top fives and 46 top 10s in 77 career starts.

Justin Allgaier

“We were in a similar position entering Martinsville last year and were fortunate enough to come away with the win and move on to the Championship 4. That just further gives me all the confidence in the world in Jim (Pohlman, crew chief) and everyone on this Jarrett Chevrolet as we look ahead to this weekend. Martinsville has been a strong track for us and I know we will be just as solid once we hit the track for practice on Friday. We just need to be smart all day long and keep the fenders as clean as we can on our JR Motorsports Camaro. If we can do that, then I feel extremely confident that we will accomplish what we have set out to do and have ourselves in a great position come the end of the day.”

Sammy Smith

No. 8 Pilot Flying J Chevrolet

Smith 2024 NXS Stats

Starts: 31

Wins: 1

Top 5s: 6

Top 10s: 15

Laps Led: 65

Avg. Finish: 15.6

Points: 8th

  • Sammy Smith has been highly competitive at Martinsville in the past with two top fives and three top 10’s in only four starts with the NXS, setting him fifth best in average running position according to NASCAR’s Loop Data Statistics.
  • Smith led a race-high 147 laps in this event last season before taking the checkered flag in the third position.
  • Smith has 10 career NXS starts on short tracks with three top fives, six top 10’s and an average finish of 10.0.
  • The Iowa native currently sits below the playoff cutline heading into the final race of the Round of 8 looking to score a victory, to move on to the Championship 4.
  • Pilot Flying J will share the TV panel this week with Tribe Transportation. Tribe is a Native American woman-owned business that is a high service national carrier specializing in temperature-controlled transportation based in the Georgia foothills.

Sammy Smith

“The Round of 8 tracks have not been too kind to us these past couple weeks and it’s been tough on this whole No. 8 Pilot Flying J Chevrolet team. Everyone puts in the work needed to have a winning car, but we don’t have the results to show for it so we know that has to change heading into Martinsville. Growing up on short tracks, I feel really confident and I know the guys are just as hungry as I am to win our way into the Championship 4.”

Brandon Jones

No. 9 Menards / Dawn Chevrolet

Jones 2024 NXS Stats

Starts: 31

Wins: 0

Top 5s: 1

Top 10s: 8

Laps Led: 45

Avg. Finish: 19.1

Points: 14th

  • Brandon Jones will return to Martinsville this weekend after earning his first pole of the season at the .526-mile oval earlier this year.
  • Of his eight previous starts at Martinsville, the 27-year-old Georgia native has recorded one win, three top-fives and five top-10s.
  • Of all active tracks in the NXS, Jones has led a career best 142 laps at Martinsville.
  • Dawn, your favorite grease-fighting partner, will adorn the hood of Jones’ Camaro this weekend for both the first time this season and the first time at Martinsville.

Brandon Jones

“Martinsville is a track I always enjoy going to and we have had some great luck there in the past. We had the speed to win the pole back in the spring, so I know this Menards/Dawn team will make sure we unload another fast car on Saturday. Hopefully we can make all the right decisions and put ourselves in contention for the win at the end. These guys have worked so hard this season and it would be great to give them the finish they deserve.”

JRM Team Updates

JR Motorsports at Martinsville Speedway: JR Motorsports has competed at Martinsville Speedway a combined 35 times in the NXS since its first trip there in 2006. In those starts at the .526-mile short track, the organization has recorded three wins, 18 top fives and 24 top 10s, with an average finish of 10.3.

Souvenir Rig: JRM drivers Sam Mayer, Justin Allgaier, Sammy Smith and Brandon Jones will be signing autographs at the JR Motorsports / Legacy MC souvenir rig on Saturday, Nov. 2 from 1:00 p.m. to 1:30 p.m. ET.

Michael McDowell to make 500th Cup start at Martinsville

By
Andrew Kim
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Photo by Stephanie McLaughlin for SpeedwayMedia.com.

With the 2024 NASCAR Cup Series season down to its final two races on the schedule, Michael McDowell is primed to achieve a milestone start. By competing in this weekend’s Cup Playoff event at Martinsville Speedway, the driver of the No. 34 Front Row Motorsports Ford Mustang Dark Horse will make career start No. 500 in NASCAR’s premier series.

A native of Glendale, Arizona, McDowell, who grew up competing in BMX bicycles before transcending to go-karts, open wheels and the Grand-Am Series, where he claimed the Star Mazda championship in 2004, made his inaugural presence as a Cup Series competitor at Martinsville Speedway in April 2008. By then, he had made four career starts in the Xfinity Series and one in the Craftsman Truck Series. Driving the No. 00 Toyota Camry for Michael Waltrip Racing (MWR), McDowell started 34th and finished 26th in his series debut after cutting a tire in the closing laps.

The following weekend at Texas Motor Speedway, McDowell was involved in a harrowing accident while qualifying for the event, where he slipped sideways after breaking a right-front sway bar and veered head-on into the outside wall in Turn 1 at full speed. The impact was enough for McDowell’s No. 00 Toyota to roll over on its roof, which it briefly slid and spun upside down towards the outside wall before the car tumbled seven times towards the bottom of the track and came to rest right-side up. Following the wild ride, McDowell managed to escape uninjured and he would proceed to finish 33rd in the main event while racing in a backup car.

Following his first two Cup career starts, McDowell would make 18 additional starts in the No. 00 MWR Toyota over the next 21 races of the 2008 season, which started at Phoenix Raceway in April before concluding at Dover Motor Speedway in September as he was then released by the organization. During the span, McDowell achieved a season-best 20th-place result at Richmond Raceway in September. Combined with his first two starts of the 2008 season, he notched a total of 12 top-30 results and recorded an average-finishing result of 30.2.

In 2009, McDowell made a total of eight Cup starts, all of which occurred in the closing stretches of the season. Driving the No. 36 Chevrolet Impala for Tommy Baldwin Racing in eight of the remaining 11 events on the schedule, he recorded an average-finishing result of 40.3 and a season-best 38th-place run at Dover in September despite retiring due to braking issues. He then competed in 24 events in 2010 between Prism Motorsports and Whitney Motorsports. After finishing in 14th place during the first of two Daytona Duel events, he qualified for the 52nd running of the Daytona 500 at Daytona International Speedway in February, where he would record a season-best 33rd-place result.

During the 2011 season, McDowell competed in all but two of the 36-race Cup schedule. Thirty-one of his starts occurred with HP Racing, where he recorded a season-best 30th-place finish at Sonoma Raceway in June. His lone other start occurred in the No. 18 Joe Gibbs Racing Toyota entry at Texas in November, where he filled in for veteran Kyle Busch after Busch was suspended for the remainder of the Texas weekend due to intentionally wrecking four-time Truck Series champion Ron Hornaday Jr. during the Truck race earlier in the weekend. Despite starting the event in 17th place, McDowell settled in 33rd place, four laps down.

Over the next two seasons, McDowell primarily competed for Phil Parsons Racing in the Cup Series. During the 2012 season, where he surpassed 100 Cup career starts, he competed in all but three of the 36-race schedule and recorded a season-best 23rd-place finish at Bristol Motor Speedway in August. He then notched his first top-10 career result by finishing in ninth place during the 65th running of the Daytona 500 in February 2013 and he would also record a 15th-place run at Talladega Superspeedway in October. Throughout the 2013 season, he also made a single start with Front Row Motorsports at Watkins Glen International in August and with HScott Motorsports at New Hampshire Motor Speedway in September.

From 2014 to 2017, McDowell made a total of 102 Cup starts with Leavine Family Racing, where he spent the latter season as a full-time competitor. Throughout the four-year span, the Arizona native recorded a total of four top-10 results, 10 laps led and his first top-five career result, which occurred at Daytona in July 2017 by finishing fourth. He also finished in the top 20 a total of 28 times and qualified for the Daytona 500 three times. After cracking the top-30 mark in the final standings in 2016, McDowell settled in 26th place in the final standings in 2017. By then, he boosted his average finishing result up to 22.3 and had surpassed 200 Cup career starts.

The 2018 Cup Series season generated a new beginning for McDowell, who joined forces with Front Row Motorsports to pilot the No. 34 Ford entry as a full-time competitor. Despite recording a ninth-place finish during the 60th running of the Daytona 500, he would tally a total of nine top-20 results for the remainder of the season and tie his previous-best result in the standings in 26th place with an average-finishing result of 24.5. He then commenced the 2019 season by finishing fifth during the 61st running of the Daytona 500 and proceeded to record nine additional top-20 results for the remainder of the season before dropping to 27th place in the final standings and with an average-finishing result of 24.2. By then, he surpassed 300 Cup career starts.

Then after concluding the 2020 Cup season with a total of four top-10 results and a 23rd-place finish in the final standings, McDowell commenced the 2021 season on a high note by winning the 63rd running of the Daytona 500 after dodging a final lap multi-car accident to escape with the victory with two turns remaining. The victory made McDowell the 40th competitor overall to win the 500 and the eighth to claim a first Cup victory in the Great American Race, with the event marking his 358th career start in NASCAR’s premier series. With the victory, the Arizona native became the 196th competitor overall to win in the Cup Series and he earned a guaranteed spot into the 2021 Cup Series Playoffs as he also delivered the first 500 victory for Front Row Motorsports.

Following his Daytona 500 victory, McDowell finished in the top eight during his next two Cup starts. He would proceed to finish third at Talladega in April and seventh during the series’ inaugural event at Circuit of the Americas in May for the remainder of the 26-race regular-season stretch before he entered the Playoffs for the first time as a title contender. After finishing no higher than 24th during the Round of 16, however, McDowell’s 2021 title hopes came to an early end as he was one of four Playoff contenders to be eliminated from the title hunt. With four finishes in the top 17 to cap off the season, McDowell settled in 16th place in the final standings. By then, he boosted his average finishing result to 20.5.

The 2022 Cup Series season generated McDowell’s best result in top 10s, where he tallied a total of 12, including two top-five results as he notched a pair of season-best third-place finishes at Sonoma in June and at Talladega in October. Despite concluding the season winless and missing the Playoffs, McDowell, who settled in 23rd place in the final standings, recorded a career-best average-finishing result of 16.7. By then, he surpassed 400 Cup career starts.

The following season, McDowell finished in the top 20 six times during the first nine scheduled events. Despite finishing no higher than 22nd during his next five starts, he rallied by finishing in the top 10 four times over his next five. By Michigan International Speedway in August, McDowell was battling for a Playoff spot by points. Then at the Indianapolis Motor Speedway Road Course in August, he led a race-high 54 of 82-scheduled laps, including the final 30, en route to his second Cup career victory as he also raced his way into the Playoffs for a second time. After capping off the regular-season stretch by finishing as high as 13th over his next two starts, McDowell’s Playoff hopes came to an early end following respective finishes of 32nd, 26th and sixth throughout the Round of 16. Finishing as high as ninth during the final seven events on the schedule, McDowell proceeded to finish a career-best 15th place in the final standings. Despite achieving four fewer top-10 results from his previous season at eight, he led 97 laps throughout the 2023 season and notched an average-finishing result of 19.0.

This season, which marks his seventh driving on a full-time basis for Front Row Motorsports, McDowell ended up in 36th place during the 66th running of the Daytona 500 despite starting on the front row. He then notched his first Cup career pole position during the following weekend at Atlanta Motor Speedway, where he led 27 laps and rallied from being involved in an on-track incident towards the pit road entrance to finish eighth. Throughout the 26-race regular-season stretch, McDowell recorded a total of four Cup poles, which occurred at Talladega in April, World Wide Technology Raceway in June and at Daytona in August. Amid the qualification success, he notched a strong runner-up result at Sonoma in June, two top-five results and six top-10 results. The results, however, were not enough for him to make the 2024 Cup Playoffs. Nonetheless, he has since achieved two additional poles, the first at Atlanta in September and the other at Talladega in early October, and a seventh-place result, which occurred at Watkins Glen International in September, throughout eight of 10 Playoff events. With a current average-finishing result of 20.7, McDowell is ranked in 22nd place in the driver’s standings. The 2024 Cup Series season is set to mark the Arizona native’s final one with Front Row Motorsports as he is set to join Spire Motorsports in 2025.

Through 499 previous Cup starts, McDowell has achieved two victories, six poles, 11 top-five results, 44 top-10 results, 534 laps led and an average-finishing result of 26.9.

Michael McDowell is scheduled to make his 500th Cup Series career start at Martinsville Speedway for the Xfinity 500. The event is scheduled to occur on Sunday, November 3, and air at 2 p.m. ET on NBC.

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