The NASCAR Cup Series team ran up debt of $44,295,884 before being taken over by the courts and sold to pay off the debt Several years ago, BK Racing took out a bank loan of $9,000,000 to fund operations of a NASCAR Cup Series team. As they continued to operate, […]
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Front Row Motorsports placed the winning bid for the majority of the assets BK Racing has accumulated debt totaling $44,295,884 BK Racing filed for bankruptcy just ahead of the 2018 Daytona 500. Soon after, the courts appointed a trustee, Matthew Smith in charge of team. Smith has operated BK Racing since […]
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