Joe Gibbs Racing provides update on Kyle Busch’s 2023 status updates

CONCORD, NORTH CAROLINA - MAY 28: Kyle Busch, driver of the #18 M&M's Red White and Blue Toyota, drives during qualifying for the NASCAR Cup Series Coca-Cola 600 at Charlotte Motor Speedway on May 28, 2022 in Concord, NC North.  (Photo by Jared C. Tilton/Getty Images) |  Getty Images


CONCORD, NORTH CAROLINA – MAY 28: Kyle Busch, driver of the #18 M&M’s Red White and Blue Toyota, drives during qualifying for the NASCAR Cup Series Coca-Cola 600 at Charlotte Motor Speedway on May 28, 2022 in Concord, NC North. (Photo by Jared C. Tilton/Getty Images) | Getty Images

UPDATE 2: While Toyota and Joe Gibbs Racing remain committed to signing Kyle Busch for a contract extension, a Toyota executive told NBC Sports they are “planning urgently.”

David Wilson, chairman of Toyota Racing Development, said the manufacturer and JGR were “trying to find a way” to keep the two-time Cup champion with them – Busch’s home since 2008.

“If there’s no sponsorship there, maybe we can build a bridge somewhere,” Wilson said.

The problem for Joe Gibbs Racing is that he was unable to secure sponsorship for Busch next season. Until that’s done, the organization likely won’t sign a new deal with Busch.

A potential sponsor dropped in early and reset the sponsorship search. Wilson said there have been discussions with “a number of sponsors”.

— NBC Sports —

UPDATE 17-07-2022: Kyle Busch said on Saturday there was no firm deadline to cement a potential return to Joe Gibbs Racing next season, adding he had discussions with other teams.

“I mean, it would be a lot sooner rather than later, but honestly, it doesn’t matter how fast or what time it is,” Busch said ahead of Saturday’s Cup Series qualifying at New Hampshire Motor Speedway. “Until there is an announcement that someone else is driving car 18, then I feel like I still have a seat.”

Toyota caused a stir earlier this week with the signing of Tyler Reddick to 23XI Racing, a subsidiary of JGR, for the 2024 season. Busch was hesitant whether this addition to the Toyota camp would impact his negotiations, but admitted that he had spoken with other teams.

“The short answer is yes,” Busch said. “But you know, yeah, anything is possible obviously. There are all sorts of different things that can play out. It’s just a matter of what does.

— NASCAR.com —

ORIGINAL POST 7-7-2022: Dave Alpern, president of Joe Gibbs Racing, didn’t mince words: the team intends to return Kyle Busch to the No. 18 Toyota for the 2023 Cup Series season with Ty Gibbs in the Xfinity Series. .

What clouds these plans is the lack of signed contracts in the middle of the 2022 season.

Busch, the only active multiple-time Cup champion on the tour, lost longtime sponsor Mars, Inc. at the end of the season. During a conference call on Thursday, Alpern noted that the search for the dual titlist’s replacement sponsor was still ongoing.

“We’ve been pretty consistent since the end of last season, which is to say we want Kyle to be in the (#)18 car and that’s our plan,” Alpern said. “We are still working on sponsors, and despite the interest in our sport, it takes a long time. And admittedly, this one takes a little longer than expected. It’s not for lack of interest. It’s just trying to put it all together. So these will probably happen in parallel. And, again, we hope that something will be decided here in the very near future.

—NASCAR.com—

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