BK Racing
BK RacingBK Racing is an American professional team that currently competes in the Monster Energy NASCAR Cup Series. The team currently fields the No. 23 Toyota Camry full-time for part-time drivers: Joey Gase and Gray Gaulding, and the No. 83 Camry full-time for part-time drivers: Corey LaJoie and Gaulding.
BK Racing is owned by a couple of investors who were formerly involved in the ownership of TRG Motorsports Sprint Cup Series team, which closed after the 2011 season. Burger King franchise owner Ron Devine and tomato grower Wayne Press joined Thomas Uberall, former race director of the Red Bull Racing Team, to acquire the assets and race shop of the former Red Bull operation, which also closed after the 2011 season, for around $10 million.
Like Front Row Motorsports owner Bob Jenkins, principal owner Devine's many Burger King franchises allow him to advertise the brand on the cars when there is no outside sponsor. Prior to the 2012 Daytona 500, Burger King announced a "licensing agreement" with the team, authenticating the paint schemes of the 83 and 93 and the usage of the company's logos, though it is unclear whether or not the company and/or franchise Devine funds the team. According to a 2013 Autoweek article, the partnership is limited to the licensing agreement, with Burger King not sponsoring the team. The Burger King partnership includes the branding of Dr Pepper, a soft drink served at Burger King restaurants. Dr Pepper has appeared as the primary sponsor of the team on various occasions (typically the 93 car), and expanded to a newly renumbered 23 car for 2014 (signifying the drink's 23 flavors).
In May 2014, the team expanded to three cars and added another owner and investor in Anthony Marlowe, who purchased a ten percent stake in the team. Formerly a partner in the recently exited Swan Racing, Marlowe founded outsourcing company TMone, and is currently the managing partner in Iowa City Capital Partners and its subsidiary Marlowe Companies Inc. After the 2015 season, Marlowe began the process of selling his stake in the team.
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