Richard Childress Eyeing Move Into V8 Supercars (Update)

UPDATE V8 Supercars CEO James Warburton said he had no knowledge of Childress' interest. Childress' interest follows on from the much publicized negotiations between V8 team Dick Johnson Racing and IndyCar Team Owner Roger Penske, who has investments in Australia through his truck distribution business. V8 Supercars

06/23/14 NASCAR Team Owner Richard Childress is "reportedly eyeing a move into V8 Supercars," according to the AAP. Childress is "said to be looking to buy a team in Australia or at least establish a technical partnership with an outfit in the category." Childress and Earnhardt Childress Racing Engines COO Richard Gilmore "confirmed to motoring.com.au their interest but did not reveal specifics."

Childress said, "Rumors, damn rumors. I'll add some truth to those rumors."

Gilmore said that with NASCAR "expected to introduce technical advances in engine development" in '15 or '16, "the move Down Under would be beneficial." Gilmore: "If that happens, we see NASCAR becoming more closely aligned with V8 Supercars and using similar engine technologies." AAP