British funding for NASCAR team

The first-ever British-funded NASCAR Nextel Cup team will be fielded next year by veteran team owner Travis Carter. Torquespeed UK, which enters cars in the European based 'Days of Thunder' ASCAR series, will be the majority shareholder of the team, which will be known as Torquespeed Carter Racing and will operate from the existing Travis Carter Enterprises complex in Statesville, NC

British funding for NASCAR team

"I'm very excited by the UK team's business and marketing plans," said Carter. "Their understanding and knowledge of our sport demonstratesthat they know what it takes to be successful. We have a lot in common. We're committed to achieving success both on the track and for the marketing partners that will participate in this unique programme. With our combined resources, I know we can achieve the business and racing goals we've set for Torquespeed Carter Racing in 2004 and beyond."

Paul Musselle, a spokesperson for Torquespeed, said: "Having successfully established the UK operation, the shareholders wanted to move to the greatest stock car racing arena on the planet, and that's NASCAR. We looked long and hard to identify a partner with the expertise, commitment and vision to make this work over the long term and Travis is, without doubt, the right man."

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