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Justin Marks retires, but could be interested in NASCAR ownership

Justin Marks might have decided to hang up the helmet, but he still is intent on being involved in motorsports. That might mean team ownership in NASCAR.

“I’m crafting a bold argument around NASCAR’s 2021 Next Gen model,” Marks told RACER’s Marshall Pruett. “I’ve always believed that NASCAR is a great sport and a great entertainment property, and I think that they would admit this to you as well, that they’ve sort of lost their way. But 2021 is going to be the most dramatic economic restructuring of the sport, in the history of the sport.”

“I’m looking at that, but an entrance into team ownership at that level is not viable unless we have a significant multiyear funding partner to help do it,” continued Marks. “I’m not going to go in and struggle. I’m not going to go in underfunded. So, they’re sort of like vetting that out right now.”

“I’m not going to embark on that journey if I don’t feel like I have that opportunity. The fact of the matter is the ownership in Cup’s all aging out. Nobody really knows what the succession plans in those companies are, and with such a fundamental economic restructuring of the sport in ’21, I think that opportunity is there to come in as a young next-gen owner and carve a path for the next 20 or 30 years.”

See more at Racer.