Where Did Front Row Motorsports Get Money To Buy Another NASCAR Charter?! 

Who needs the National Enquire when KW does a better job of reporting.

You are 100% correct. The thing that bothers me the most about the charter thing is that it was done to keep the little guy out of the sport. If you can afford the car and team to make a couple races a year, now you can't because you need a charter. I remember when some teams with big sponsors dropped the ball and didn't qualify. Some small teams actually got a chance to race. Those big sponsors got mad because they lost their TV time so now we have charters to guarantee sponsors a spot. That is supposed to be the whole purpose of qualifying. If you choke, someone else gets your spot. It's not supposed to be a guaranteed spot. That 's how racing is supposed to be. If you go to a dirt race and you make a bad call or you aren't on your game and don't qualify, you are going home and the team that out performed you gets to race.

I once read that an NBA rookie who had signed his 1st contract showed Michael Jordan the Ferrari he just bought. Jordan told him "people give me those things"

The world famous louie needs to be reconized

Shoutout to Louie holding down the front porch.

Kenny, you're just batshit crazy. And we love it

Your gutter is fine it’s your downspout that is crooked 🤣🤣

Wanna make a million dollars with a race team? Start with five million.

Robert "Bob" Jenkins,[7] the full owner of the team since 2005, resides in Dandridge, Tennessee,[1] and is known for his involvement with in the Yum! Brands family of restaurants. He is not to be confused with the motorsports announcer of the same name. Jenkins currently owns around 150 franchises, including many Taco Bell, Long John Silver's, and A&W locations.[3][4][8] Jenkins also owns Morristown Driver's Services (MDS), a full-service, Logistics Provider, specializing in all phases of transportation management.[1][7] His family is also the owner of Jenkin's Insurance in Dandridge.

Where did there money come from? They actually EARNED IT!!!

Was also told not to talk about money, religion, and politics with people by my parents. Then their business mentor pulled me aside and said to find the people I can talk about those things with and never let em go 🤣🤣

It is only billionaires who can get into Nascar racing now - very sad for the sport. It use to be anyone with desire and love of car racing could get in. Back then it was about the competition and courage - now it is about money and which driver saves gas by driving slow during a race.

You are 💯 right some people doesn't understand how it works in racing I'm 54 years old and I've been around racing my whole life

Really hope Josh berry and Rodney Childers can stick together. Maybe they will get one of the two spots front row has open now

Finally get to see you race on FloRacing this year! Good Luck Kenny! Hope your race car has some new found speed.

One for $10M, or two for $15M! What a bargain! Fire sale at SHR in Kannapolis!

C'mon Herman , when you coming to the Northeast ? Soooo many dirt tracks in the central N.Y. region. Think 'barefoot' Bob area.lol

Love the content kenny! Keep up the great work 👍

Winning Super Bowls as a coach back in the 80’s isn’t enough to pay for a NASCAR team. There’s a lot more to it.

Bob Jenkins, the owner of Front Row Motorsports, is involved in several business ventures beyond his NASCAR team ownership. These include: 1. **Truckstop Ventures**: Jenkins is heavily involved in the truck stop industry. He owns and operates various truck stops and travel centers, primarily under the brand "Love's Travel Stops," which is a well-known chain offering fuel, food, and other services to truckers and travelers across the United States. 2. **Food Services**: Some of the truck stops and travel centers operated by Jenkins include food service operations, either as part of the travel centers or as stand-alone restaurants. These ventures complement his NASCAR involvement, as Love's Travel Stops has been a prominent sponsor for Front Row Motorsports, showcasing the synergy between his business interests and racing team.

You got Vertigo from looking at that crooked gutter so much.

Happy Thursday! Love your stuff and great luck this weekend

Your not dumb. Your the smartest man on the Planet. You tell it Kenny.

Thanks Kenny you are amazing person keep doing what you believe in ❤😂😊

Mo money-Mo problems. You’re definitely rockin that electric hairdo.

I was wrong. You were right, Kenny. It looks like these franchises (charters) are going to move fast. You have earned my subscription.

Front Row needs a bigger shop also

These upper level drivers aren't living in poverty, many run around in motor coaches that cost at least $500k, fly around in private airplanes, live on acres of land with mansions, have car collections, large boats.

Got to love the Louie photo bomb. 🐕

Excellent presentation of the facts, sir! The total purse of each race is a drop in the bucket compared to the ad money. Tracks, especially local circle tracks, wouldn't survive without sponsors, and those rolling billboards that run around them must be filled with sponsor ads, as well. Otherwise, the old words of wisdom become reality really fast: "Do you know how to end up with a million dollars from racing? Start with two million!"

I hope nascar gives more money to the teams in the new charter agreement. It will help the sport as a whole.

Define making money...Taking in millions in sponsorship dollars and building beautiful shops much like 23/11 just did and then paying the people that work for you IS making money!!

Thank you, Kenny! ☝

Roush should buy one to be like 3 cars in 2012 to 16

TV contracts and sponsors…Do you think Denny and Michael are actually spending their personal cash on their team? Tony is selling his team because it’s probably costing him his personal cash and his lack of big time sponsorship.

The end game with the three charter maximum is to group the charters together. Three charters sell for a set amount of Dollars, following the F1 model of two teams. Jenkins borrowed the money. Guy like that has access to banks and investment firms. Likely it comes on the hands of Ford shifting more money to them with the demise of Stewart-Hass.

I'm quite curious on the acquisition costs, especially with the uncertainty moving forward with the charter agreement! it's been interesting to follow.

Herman my wife and I met your brother, Rusty, at Greenville-Pickens Speedway back on Labor Day in 2001. I still have the car he signed. I always wanted to meet you in person but don't worry I won't show up at your place...lol

Thanks Kenny for the info you da best 👌🏽

The Jenkins family has money.

Penske owns Penske Truck Rental - which used to be Hertz Truck Rental - up until around 1975.

I could listen to Kenny read the dictionary. We need him back on the national broadcast.

Another informative video. Thanks Herman for throwing out the truth. Good luck this weekend.

Most people will never understand just how much money that it takes to run a business that employs tens, hundreds, or even thousands of people and will therefore falsely assume that they are all making money hand over fist.

I use to be a ardent NASCAR Car in the 90's. But now I have a causal interest in the sport. All the dumb things NASCAR has done the past decade has made NASCAR terrible. People like Kenny and Dale Jr keeps me somewhat interested.

I always enjoy your coffee talk herm

another good PODCAST !

My man Kenny, staying relevant lol! Love the show buddy.

Two of my favorite things to talk about are "Religion and Politics." - DW had a saying I heard him say many times: "How do you take a large fortune and turn it into a small fortune? Start a NASCAR team!"

The time we'll have to worry about the Cup series is when a team can't sell or give away its charter due to lack of interest. As of now, the demand is high and the sport is in pretty damn good shape from a financial standpoint.

Hey Wallace!!!! Don't know know how much time you got to interface with Richard Marshall,,,, Richard is cousin with Bobby Marshall that raced the first year the World of Outlaws existed, 1978. Am pretty certain Richard would have mentioned this. Bobby was a heck of a fine gentleman, Bobby passed away only about 2 years ago now,,unfortunately... Just a little history nugget , there. Peace!

well said Kenny #truth

Front Row cars usually end up as a caboose at the end of the race. good luck tonight wally, mash it

I Am happy working for mine

Thank ya Herm!

I've never met many racecar drivers that race for a living. It's a labor of love.

The amount of circles that Kenny Wallace talks in would make Ray Charles Dizzy!

Good job Herman!!!

dude, its your & kim's house.you run it the way YOU both want it.were fine with that.your explaination about racing is like motorcycle dealers in the north.they need to make a years worth of business expences in the summer months to survive thru winter seasons.

You can't convince me that Hendrick, gibbs and rousch or penske haven't made good money in all the years they have been in nascars top series

I still can’t see Honda in NASCAR. I seen stories that Honda does not and will not make a pushrod V-8. But they’re just stories

As the old saying goes, the only way to make a small fortune in racing is to start with a large one. The same thing applies to pretty much anything that is a hobby for the vast majority of the people that do it. Aviation, horses, motorcycles, boats, etc. are all money pits just like racing. If you get good enough at any of them you can get a large part of your expenses covered by advertising for others, but you're still not going to make money. The best most can ever hope for is to break even in a good year, but the years you don't break even will make up for that in the long run.

Your Mama was spot on with her advice!

This season is gettin' more painful as a Michael McDowell fan now.

Kenny, where the money comes from is a legit question when you consider how little they seem to spend on their current cars. The question is, if they have that kind of money to spend on another charter, why have they not spent that same money on the cars/teams that they currently have.

So I want to know how much did the charter sell for.

Best way to make a small fortune in racing is to start with a large one 😂😢

The one thought I have is if these mid tier teams have the capital to spend 20-30 mil on a charter, why don’t they roll that kind of capital into what they have and get competitive I.E. top ten instead of bottom 10? I mean id rather have 2 world beaters than 3-4 also rans.

You're so right Herman, mo money will buy better everything... even in lower classes of dirt racing, mo money will always help buy the legal things to make a car fast , but you can cheat and come out cheaper .... you need to get that gutter fixed soon Herman....😂

How about a Louie the doggie montage with the song from the 60's? 😁

Kenny I hope you WIN

Kenny my man Herman hey Wallace

Wish I had 30 million to buy a charter. I wouldn't have enough to pay the cars or drivers but at least I'd have a charter.

Are your Christmas lights still up?

Team can also get a seller's note for the amount of the charter asking price. So Front Row could put $2M down and finance the $38M from either Gene and Tony or a bank/investor (like NASCAR - who wants to inflate the value of a charter).

The one question that Kenny gets asked the most, “Hey Kenny, who does your hair?” Not! 😎

It’s greed keep an eye on it before it goes to dirt car. Keep our racing fun for the spectators

Owning NASCAR teams lowers your taxable income. That's how it saves money.

Front Row shows up and does well so they get sponsors which pay for the new team

Herm, You already got them Christmas lights on those gutters!

I’ve got a crooked gutter to Herm but what I don’t have but wish I did is rocks in my flower 🌺 bed and no shrubs!

Jeff Gordon said the new car is cheaper for new owners than the Gen 6 car was, but that it hasn't saved Hendrick any money. And when a powerhouse team like they are can't turn a profit even with sponsorship, that's a big problem; spending other people's money is not sustainable long-term. Unless you're in government 😄

They don't make money racing but they make plenty off of sponsors . Just plain racing doesn't make enough to support itself anymore and never will .

Owner has a trucking company and owns some Taco Bell’s and KFC restaurants

You might not make any money racing, but it's a great way to avoid paying taxes on a profitable business!

The old question in NASCAR is "How do you make a small fortune in racing". Answer "Start with a large one!"

Where can I get a sponsor, because like these teams I can’t make money either! It’s out of my pocket faster than I can get it in there. 😂

I had to turn thie video off because I am lazy and demand others to give me their hard earned money but kenny hit me with logic

If I won the megabucks,, I would race until it was all gone

HEY WALLACE You still have your Christmas lights still up? LMAO 🤣 🤣 🤣

Herman!!! You still have your Christmas light clips on your gutters. It’s almost summer! Take them things down! 😜

Kenny plant something in those flower beds

Fair enough, but you can suggest that promises made to investors and sponsors can come due when you least expect it. That's when people find out just how broke they can become.

Herman I think all this was worked out months ago. 🤔✌️🇺🇸

I think them getting rid of mcdowell was a mistake

Don't you believe that nascar teams aren't making money

1 im sure the buyers were a big factor in the sales decision. They knew long ago. 2 there’s a LOT of $$$$ out there. $$$$ begot $$$$ I’ve had the distinct pleasure of working in the professional racing industry 3 different times. Those people operate on a whole different frequency from us folks. They damned near have their own language. The last company i worked for wasn’t even a team. They built race gear, parts and apparel. 11 million dollar a season budget running 3 semis. A season was only 5 month, and they are a title sponsor for the series. They bring in dealers from whatever the series was at that weekend. Wine em, feed em, put them up in sky boxes for the race. In return dealers place orders. BIG ONES!! Can’t make $$$$ in racing my ass. I and everyone on all 3 teams i worked at were paid well. Tell me Gordon isn’t collecting a handsome salary. Awesome experience, with INCREDIBLE PEOPLE!!! I learned a lot and had a blast!!

DOWNSPOUT NOT A GUTTER BROTHER !

Hey Kenny. You got something in your eye? 😅 💵💵💵💵💵💵💵

Gutter? I'm more concerned that your Christmas lights are still up 😂