Tuesday, September 02, 2014

TSM Officially Shuts Down Hornaday's Team

Turner Scott Motorsports has officially shut down its No. 30 Camping World Truck team, leaving former series champion Ron Hornaday, Jr., without a ride and an estimated 18 employees without jobs.

Hornaday did not compete at Canadian Tire Motorsports Park in Bowmanville, Ontario last weekend, after a dispute between team owners Steve Turner and Harry Scott, Jr. led to his team being parked. He was fourth in championship points at the time and in solid contention for a fifth Truck Series championship.

Scott announced the move today, saying, “The decision to lay-off any employee is painful and we realize the affects it has on their lives. However, the decisions made by TSM today are necessary and the responsible steps for all of TSM to ensure our commitment to our employees, partners and fans to be as competitive as possible."

Hornaday parked...
Turner sued Scott in Texas court on Aug. 11, accusing him of failing to pay team vendors and saying Scott “has refused to approve actions that are necessary and material to the business, leaving the Company unable to operate.” The suit also alleges that a $2 million debt owed to Turner was supposed to be repaid by the team, but that no payments on that debt have been made. 

Scott filed a notice of complaint in North Carolina court last week, alleging Turner “has allowed the team’s funds to be depleted and left debts unpaid” and misused sponsorship funds and revenue from TSM’s Nationwide and Camping World Truck Series teams. Both men have requested that a receiver be appointed to handle the day-to-day operations of the team.

Truck Series rookies Ben Kennedy and Cameron Hayley competed at CTMP last weekend, while Kyle Larson and Dylan Kwasniewski took part in the NASCAR Nationwide Series race at Atlanta Motor Speedway. TSM’s NASCAR K&N Pro Series East teams have also not been impacted by today’s announcement move.


Hornaday has said he was never guaranteed a full season with TSM, and knew he was competing on a race-to-race basis, subject to financing.

7 comments:

  1. Anonymous3:34 PM

    Makes total sense to drop the guy that is highest in the point standings... I understand that completely... or not

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  2. Anonymous4:00 PM

    You have to pay to play. I don't get why that is so difficult for people to understand. If Hornaday was marketable, he'd have sponsorship. He doesn't. The fact that he had a free ride as long as he did is a major cause of 18 people ) who aren't already millionaires like Hornaday is) losing their freaking jobs! Hornaday will be just fine. I'm quite sure if it was half as important to him as it is to his loyal followers he would pony up the money to finish the season himself.

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    1. You just gave another reason for the people that think NASCAR isn’t a sport, “You have to pay to play”. If player’s parents had to pay for their sons to play in Professional Football, Baseball, or Basketball you wouldn’t see most of the stars that you have seen thus far. Frankly what do you mean he is not marketable? I am tired of this statement. I would listen to Ron Hornaday, a proven winner and champion, about a product than some young kid who can’t place 15th in a single race. For example, Rheem, I think Ron has had more experience dealing with heating and cooling units for houses than some 18 or 25 year old. These people that are the “marketing geniuses” remind me of the analysts in the stock market that helped put us in the economic collapse that eventually occurred in 2008. Why don’t you or the others just say what it is…He’s too old because, that is what they say when someone gets over 50, he/she is not marketable. Another term for it is simply age discrimination. You are right that today in NASCAR you need to bring a sponsor to race and that is the sad part to this sport because it is not about winning a championship anymore like racing use to be.

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  3. Anonymous4:05 PM

    The rest are pay to play rides fully paid by parents

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  4. Anonymous4:06 PM

    The other two trucks are pay to play rides paid by parents

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  5. Anonymous4:17 PM

    So I guess running in 10-20th place week in and week out is more important to TSM than a championship...

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  6. Anonymous8:58 PM

    You need to get your fax straight...

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