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BK Racing Latest News, Information, Results and Expert ...
https://www.motorsport.com/team/bk-racing/81/news/
BK Racing, the former Red Bull NASCAR Cup series team, has been taken over by a trustee following a judge ruling in the latest stage of its bankruptcy …
BK Racing Archives - Racing News
https://racingnews.co/tag/bk-racing/
December 17, 2019 by Shane Walters. The NASCAR Cup Series team ran up debt of $44,295,884 before being taken over by the courts and sold to pay off the debt Several years ago, BK Racing took out a bank loan of $9,000,000 to fund operations of a …
BK Racing sale funds due to be distributed - Racing News
https://racingnews.co/2019/12/17/bk-racing-sale-funds-due-to-be-distributed/
Front Row Motorsports management purchased the team for $2.08 million in August 2018. Other minor assets were also sold. However, there were 78 claims against the team totaling $44,295,884.91. That’s a wide spread. But funds are set to be distributed regardless. A plan has been put into place to distribute the funds from the sale.
BK Racing files for bankruptcy, retains NASCAR charter …
https://www.motorsport.com/nascar-cup/news/nascar-bk-racing-files-for-bankruptcy-1005442/1391686/
BK Racing, owned by Ron Devine, made its debut in the Cup series in the 2012 Daytona 500. ... Latest news. Video Inside . NASCAR Cup NASCAR Cup. 10 h . …
BK Racing hearing continues - Racing News
https://racingnews.co/2018/03/24/bk-racing-hearing-continues/
In late February, the courts ruled that BK Racing would be allowed to continue operations through the west coast swing. A hearing was sent once the team returned to the east. After the hearing and before the west coast swing, the IRS filed a notice of debt. According to that filing, the team owes the IRS $2.53 million in unpaid taxes and fees.
BK Racing might need to cease operations - Racing News
https://racingnews.co/2018/02/23/bk-racing-might-need-to-cease-operations/
In a hearing this morning, BK Racing is asking to use those funds to pay vendors and employee’s. The team owes $21,000 to employee’s from former racing seasons according to ESPN. In the vendors department, BK Racing owes more than 1 million. Most notably, Race Engines Plus to whom they owe $569,539.95. Race Engines Plus supplies the engines ...
BK Racing - Wikipedia
https://en.wikipedia.org/wiki/BK_Racing
BK Racing was an American professional stock car racing team that fielded entries in the Monster Energy NASCAR Cup Series from 2012 to 2018. It most recently fielded the No. 23 Toyota Camry and Ford Fusion for J. J. Yeley, Gray Gaulding, and other drivers.In 2018, the team was involved in a court case involving team owner Ron Devine and Union Bank & Trust Company over …
BK Racing sale procedures approved by bankruptcy court ...
https://racingnews.co/2018/07/27/bk-racing-sale-procedures-approved-by-bankruptcy-court/
BK Racing visited bankruptcy court last Thursday to set terms of a possible sale. The sale of the team and or assets will be used to pay off debt accumulated by the NASCAR team from unpaid loans. Bids for the NASCAR team must be set by August 13th. A sale would take place August 20th. Then, the court will approve the sale on August 21st.
bk Racing | MYRACENEWS
https://myracenews.com/tag/bk-racing/
July 12, 2016 Myracenews Leave a comment. HUNTERSVILLE, N.C. ( July 12, 2016) – BK Racing announced today that Brandeis Machinery will sponsor David Ragan’s No. 23 Toyota Camry at the upcoming Combat Wounded Coalition 400 on Indianapolis Motor Speedway. Since 1908, Brandeis Machinery (a division of Bramco) has sold, serviced, and rented ...
83 BK Racing NASCAR Team News - ESPN
https://www.espn.com/jayski/teams/story/_/id/18641718/83-bk-racing-nascar-team-news
Cautions by LaJoie and Gaulding impact Auto Club race: BK Racing is hitting the wall for a high average so far in 2017. After #23-Gray Gaulding and #83-Corey LaJoie each caused caution flags in ...
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