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New owner enters NASCAR and vows to race
CHARLOTTE, N.C. (AP) - NASCAR’s newest team owner bought into its premier series with every intention of building a competitive team.
Davis, CEO of independent oil and gas company Swan Energy, announced Tuesday he acquired Inception Racing in late August. His first race as owner was at Richmond, where Stremme pulled off the track after 127 of the 400 laps.
“I literally almost got sick,” Davis said Tuesday. “I couldn’t stand watching it, I am a competitive person and I am not going to the race track to not try to win races. I respect start and park programs and I understand why teams do it because it is a matter of survival and the teams are trying to build something. It’s just not the way I am going to build my team.’
Davis has hired veteran Steve Hmiel as director of competition, and said he’ll have a new crew chief in place by the end of the week. He’s also expanded the team roster from seven employees to 13 and said more hires will be made before the season begins in February.
“Since coming on I’ve been learning as much as I can. What’s needed, what we have, what are the weaknesses and what are the strengths,” Davis said. “The weaknesses are we need more people and more money. Steve Hmiel will take care of the personnel and I’ll take care of the money.”
By Emily Miller
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