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Bid by Front Row earns most of BK Racing’s assets, pending approval

While disappointed that the BK Racing assets commanded only $2.38 million, the trustee of the team is looking to sell to winning bidder Front Row Motorsports.

Front Row submitted the winning bid of $2.08 million on Monday for the charter, most of the assets and titled vehicles. GMS Racing, which had bid $1.8 million, didn’t attempt to match Front Row’s bid.

In addition to the sale to Front Row, the trustee has agreed to sell some secondary assets to Obaika Racing for $265,000 and a tractor to Rick Ware Racing for $35,000.