NASCAR driver Kyle Busch has announced that he will be closing his Nationwide team. The reason behind his decision is simply a lack of sponsorship.
According to an article by the Associated Press, found on ESPN,
Busch drove the car in 2012, when he went winless in the Nationwide Series. He went back to driving Joe Gibbs Racing’s cars in Nationwide this year — winning 12 times — and used [Parker] Kligerman in his Kyle Busch Motorsports car.
Busch also fields three entries in the Truck Series and won Friday night’s race at Homestead-Miami Speedway. It clinched the owners’ championship for Busch, who won eight races as an owner. Busch had six victories and Darrell Wallace Jr. and 17-year-old Erik Jones also won for the team.
The driver for Busch’s Nationwide team, Parker Kligerman, didn’t have a bad season. He accounted for 13 top-10 finishes while driving Busch’s No. 77 Nationwide car.
Sponsorship is a big part of NASCAR, and without it, teams can and will fail in the long run, much like Busch’s team did here. It’s unfortunate, but that’s the business of the sport.