FORT WORTH, TEXAS - MAY 21: Kyle Busch, driver of the #18 M&M's Crunchy Cookie Toyota, and Ryan Blaney, driver of the #12 Menards/Wrangler Ford, wait on the grid during the elimination bracket qualifying for the NASCAR Cup Series All-Star Race at Texas Motor Speedway on May 21, 2022 in Fort Worth, Texas. (Photo by Jared C. Tilton/Getty Images) | Getty Images
FORT WORTH, TEXAS - MAY 21: Kyle Busch, driver of the #18 M&M's Crunchy Cookie Toyota, and Ryan Blaney, driver of the #12 Menards/Wrangler Ford, wait on the grid during the elimination bracket qualifying for the NASCAR Cup Series All-Star Race at Texas Motor Speedway on May 21, 2022 in Fort Worth, Texas. (Photo by Jared C. Tilton/Getty Images) | Getty Images

Joe Gibbs Gives Update on Kyle Busch’s Contract; Hoping for Two Years in Xfinity for Ty Gibbs

Gibbs, the former NFL coach who is the owner of Joe Gibbs Racing, provided an update on Monday regarding the team’s sponsorship and contract conversations.

“We’re really confident that we’re going to have that (No. 18) car squared away, sponsorship-wise, and we’re trying to work on our deal right now with Kyle,” Gibbs said. “So I think we feel good about it.”

Gibbs also indicated that the plan for JGR is to keep his grandson, 19-year-old Ty Gibbs, in the lower-level Xfinity Series for another season.

“We want to be real careful, take our time, and so really our goal was to keep him in Xfinity for two years, and so this is his first year really,” Gibbs said. “I think he’s had 23 or 24 Xfinity races, so the game plan is two years for sure in Xfinity. Make sure we don’t rush him.”

Charlotte Observer