Red Horse Racing has regrettably announced today that they have closed defending champion Johnny Benson Jr.'s No. 1 team due too lack of sponsorship help.
The team has been working very hard since December, when JB first came to the team over the offseason to find a sponsor and has been unsuccessful.
At one time, they thought they had secured a sponsor, prior to the season starting, but the bad economy prevented the potential sponsor from committing to become Benson's sponsor.
"It hasn't been due too lack of effort," says Team Owner, Tom DeLoach. We had several people working on finding a sponsor for the No. 1 and Johnny Benson. I've been working on it myself."
"We gave it our best shot, and we tried as long as we could, but nothing materialized. I am saddened that we were unsuccessful in accomplishing our goal, but this is a tough economic climate and the cost of fielding a NASCAR Camping World Truck Series team with essentially no support other than or manufacturer is too much for Red Horse Racing to bear alone."
It's really sad to see this happen, especially that a true gentleman racer like JB and a champion one can't find a sponsor for his team.
It really shows just how bad NASCAR really is in this down turned economy and I only hope this isn't the tip of the iceberg with more and more struggling teams closing down.
Red Horse Racing will continue on with T.J. Bell in the No. 11 as he has some sponsorship help for most of the remaining races in the 2009 schedule.
Sure we'll see JB, his crew chief Trip Bruce, and his pit crew land new jobs in NASCAR, be it Trucks, Nationwide or Cup.