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Home»Business
Business

Ricky Stenhouse Jr. Renews Contract with JTG Daugherty Racing

May 3, 2024No Comments2 Mins Read
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Ricky Stenhouse Jr. has signed a multiyear extension with JTG Daugherty Racing, the team he won the 2023 Daytona 500 with. Stenhouse expressed his excitement about continuing with the team, stating that their victory at Daytona proved they can win together. He praised the team’s members, management, partners, and program, hinting at exciting plans for the future.

There are rumors circulating that Kroger, the anchor sponsor of JTG Daugherty Racing, may move to Joe Gibbs Racing in 2025. This potential move stems from a partnership formed by co-owner Tad Geschickter with JGR in 2022 through Brand Activation Maximizer. Stenhouse’s contract was set to expire in 2024, but with this extension, he will now compete for at least two more years with JTG Daugherty Racing.

Stenhouse initially joined the team in 2020 after starting his Nascar career with what is now known as RFK Racing. The team is co-owned by NBA legend Brad Daugherty, who also serves as a TV analyst. Stenhouse currently sits in 27th place in the Cup Series standings after 11 races of the season, looking to improve his position as the season progresses.

The extension of Stenhouse’s contract with JTG Daugherty Racing signifies a commitment to their partnership and a belief in their potential for success. Stenhouse’s optimism about the team’s future and their ability to achieve more victories together bodes well for their upcoming seasons in the competitive world of Nascar. Fans and sponsors will be eagerly anticipating what the team has in store for the future.

With Kroger potentially moving to Joe Gibbs Racing in 2025, there may be changes on the horizon for JTG Daugherty Racing. However, Stenhouse’s extension with the team ensures a sense of stability and continuity as they navigate through any potential transitions. As Stenhouse continues to compete in the Cup Series and work towards improving his standings, the team will be working behind the scenes to solidify their position and grow their success in the sport.

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