ÃÂÃÂWe are diligently pursuing sponsorship and our decision not to test at Daytona does not mean Torquespeed Carter is not going to run in the 2004 NASCAR Nextel Cup season,ÃÂÃÂ said Travis Carter who oversees the organizationÃÂÃÂs race operations. ÃÂÃÂIt means we are still diligently pursuing sponsorship. Our discussions with potential sponsors are promising but are still in the early stages. It is our goal to start the season racing in the Daytona 500 but realistically we are not putting a stringent timeline on when we will start racing. Our season will begin when the appropriate funding is in place.ÃÂÃÂ
ÃÂÃÂDiscussions with major global brands are ongoing,ÃÂÃÂ elaborated Paul Musselle, spokesperson for the UK Investors. ÃÂÃÂWe are hoping to have funding in place soon, however, we realize the challenges facing us with a late start to the sponsorship acquisition process as well as the ongoing state of economy. Those factors may cause a delay in launching Torquespeed CarterÃÂÃÂs on-track activities. ÃÂÃÂAs we mentioned in Charlotte (N.C.) back in October, our business plan is in place for the next four years. We are up and running and aggressively searching for sponsorship. We are going to race in the NASCAR Nextel Cup Series. ItÃÂÃÂs just a matter of time and funding.ÃÂÃÂ
Torquespeed Carter is planning to run the Ford Taurus. The team will operate out of the existing Travis Carter Enterprises complex in Statesville, NC. The alliance between Torquespeed and Travis Carter establishes Torquespeed Carter as the only motorsports organization operating on both sides of the Atlantic.(Cox Marketing PR)(1-13-2004)