Robby Gordon not selling NASCAR team

UPDATE Gordon later reconsidered his use of the word "stuck," saying he would prefer to stay in NASCAR on a limited schedule and take on investors. "The reality is, I don't want to be all the way out," Gordon said. "I would like to run about 15 stock car races a year. That would be my goal." That would allow him to continue pursuing his diverse racing interests outside of NASCAR — and continue to build Speed Energy, which he insists is on its way to becoming a marketing success that can grow to take on the likes of industry titans such as Red Bull. NASCAR.com /AP

02/19/12

Robby Gordon

In one breath, #7-Robby Gordon is bemoaning the fact he couldn't quit NASCAR even if he wanted to. He has money tied up in a race shop and airplanes, with crew members depending on him for their livelihood. Minutes later, though, Gordon is talking with boundless optimism about the potential of Speed Energy, a brand of energy drink that he's trying to market on his own. And does he have a deal for you.

"Race team's for sale," Gordon said. "It's been up for sale. Really, what I'd like to do, I think the smartest thing for us to do as we're talking candidly here, would be to bring in investors that have more opportunity to [attract] big sponsor relations. Obviously, I can drive it, we can run it, but between doing that and operating Speed, we need people that have more relations than I have." Does he make money in NASCAR? "Right now? No," Gordon said. "We haven't made money in NASCAR in a long time."

Would he consider getting out? "I've got a 100,000-square-foot building," Gordon said. "Unfortunately, I've got airplanes that I can't even afford to use today that are sitting there, I'm still paying insurance on them, I'm still paying payments. The race shop, it's not paid for, obviously I'm paying rent on it. So I'm stuck. Plain and simple."

Gordon later reconsidered his use of the word "stuck," saying he would prefer to stay in NASCAR on a limited schedule and take on investors. "The reality is, I don't want to be all the way out," Gordon said. "I would like to run about 15 stock car races a year. That would be my goal." That would allow him to continue pursuing his diverse racing interests outside of NASCAR — and continue to build Speed Energy, which he insists is on its way to becoming a marketing success that can grow to take on the likes of industry titans such as Red Bull. NASCAR.com

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