Tommy Baldwin Racing Sells Charter, To Close After Homestead

After more than eight years as a NASCAR Sprint Cup Series owner, 2002 Daytona 500 winning crew chief Tommy Baldwin, will close his team’s doors after the Ford EcoBoost 400 at Homestead-Miami Speedway.

Baldwin, who fields the No. 7 Chevrolet for Regan Smith, sold his charter to Leavine Family Racing effective immediately.

“We felt that it’s time for a new chapter in our lives and we have sold our charter to a great group of people who will continue to guide our vision,” Baldwin said in a release.

While LFR currently holds a charter, it was in need of one at the end of the season because the charter actually belongs to Joe Falk of Circle Sport Racing. Falk formed a one-year merger with LFR at the beginning of the year, which will end after the Homestead race.

The charter’s immediate acquisition means Michael McDowell, running in the No. 59 while Ty Dillon drives the No. 95, will be locked into the race this weekend, while Regan Smith will have to make the race on time.

As for TBR’s future, there is a possibility the team continues running a part-time basis.

“We are going to work hard to get the best possible results in Miami, take a little family time and then figure out the rest. So, stay tuned – announcements will be forthcoming.”