The Sports Business Journal is reporting today say that JR Motorsports will announce the signing of seven-time Supercross champion Jeremy McGrath to a developmental contract.
McGrath will reportedly run a number of Late Model races for the Dale Earnhardt, Jr.-owned team with sponsorship from Monster Energy Drink, with an eye toward an eventual move to the NASCAR Busch Series. McGrath announced his retirement from Supercross racing at the end of last season, after recording seven 250cc championships and a record 72 main event wins. He was inducted into the AMA Hall of Fame in 2003.
Monster Energy Drink currently sponsors former motocross king Ricky Carmichael's budding NASCAR effort with Ginn Racing, Champ Car World Series star Paul Tracy and NHRA Funny Car veteran Kenny Bernstein. Nextel Cup driver Robby Gordon is also said to be negotiating with the energy drink brand, and he and his team wore black Monster Energy uniforms two weeks ago at Martinsville Speedway. No branding has yet appeared on Gordon’s car, however.