CONCORD, NORTH CAROLINA – MAY 28: Kyle Busch, driver of the #18 M&M’s Red White and Blue Toyota, drives throughout qualifying for the NASCAR Cup Series Coca-Cola 600 at Charlotte Motor Speedway on May 28, 2022 in Concord, North Carolina. (Photo by Jared C. Tilton/Getty Images) | Getty Images
UPDATE 2: While Toyota and Joe Gibbs Racing stay dedicated to signal Kyle Busch to a contract extension, a Toyota govt advised NBC Sports that they’re “contingency planning.”
David Wilson, president of Toyota Racing Development, stated the producer and JGR are “trying to find a path” to maintain the two-time Cup champion with them — Busch’s residence since 2008.
“If there’s not sponsorship there, maybe we can create a bridge somewhere,” Wilson stated.
The situation for Joe Gibbs Racing is that it has not been in a position to safe sponsorship for Busch subsequent season. Until that’s performed, the group isn’t more likely to signal Busch to a brand new deal.
A possible sponsor fell by way of earlier and reset the sponsorship search. Wilson stated that there have been talks with “a number of sponsors.”
— NBC Sports —
UPDATE 7-17-2022: Kyle Busch stated Saturday there’s no agency deadline for cementing a possible return to Joe Gibbs Racing subsequent season, including he has had talks with different groups.
“I mean, it would be nice sooner than later, but honestly, it doesn’t matter how soon or how late it gets done,” Busch stated earlier than Cup Series qualifying Saturday at New Hampshire Motor Speedway. “Until there’s an announcement that somebody else is driving the 18 car, then I feel like I still have a seat.”
Toyota made a giant splash earlier this week with the signing of Tyler Reddick to 23XI Racing, a JGR affiliate, for the 2024 season. Busch hedged on whether or not that addition to the Toyota camp would affect his negotiations however admitted he’s spoken with different groups.
“The short answer is yes,” Busch stated. “But you know, yeah, anything’s possible obviously. There’s all kinds 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, left no phrases minced: The staff intends to have Kyle Busch again within the No. 18 Toyota for the 2023 Cup Series season together with Ty Gibbs again within the Xfinity Series.
What muddies these plans is the dearth of signed contracts halfway by way of the 2022 season.
Busch, the one lively multi-time Cup champion on the circuit, is shedding longtime sponsor Mars, Inc. on the finish of the season. In a Thursday teleconference, Alpern famous the seek for the two-time titlist’s alternative sponsor stays ongoing.
“We’ve been pretty consistent since the end of last season, which is we want Kyle to be in the (No.) 18 car and that’s our plan,” Alpern stated. “We’re still working on sponsorship, and as much interest as there is in our sport, these take a long time. And admittedly, this one’s taking a little longer than we thought. It’s not for lack of interest. It’s just trying to get everything put together. So those will probably happen in parallel. And, again, we’re hoping to get something decided here in the very near future.”