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Swan Racing breaks up its 2-car team

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After being faced with the possibility of having to shut down operations due to lack of sponsorship for the Swan Racing team, owners Brandon Davis and Anthony Marlowe have split their two-car Sprint Cup Team, with Marlowe moving to meld his stake in the No. 26 Toyota driven by rookie Cole Whitt into BK Racing’s operation, while the No. 30 team has been sold to XxxTreme Motorsports owner John Cohen. Whitt will make his debut driving for BK during the Toyota Owners 400 at Richmond International Raceway this coming Saturday.

“I am thrilled about the merger with my new partners at BK Racing,” Marlowe said in a Swan media release. “My friend Ron Devine and the BK ownership group really stepped up to enable me to keep the No. 26 on the track.”

In the meantime, Swan’s second rookie driver, Parker Kligerman has been replaced by NASCAR veteran JJ Yeley behind the wheel of the No. 30 car, although Stephen Lane will remain as crew chief. A number of other Swan crew members will also remain with the team and they look to improve the odds for struggling XxxTreme Racing, which, so far, has failed to qualify for four Cup events this season. Yeley is also expected to run at Richmond.

Despite the change, it was announced that Kligerman will “remain under contract to Davis and the remaining remnants of Swan Racing,” at least until they can find him another ride.

“Over the past couple weeks, we worked tirelessly to find an alternative to ending operations,” Davis said in a statement. “Fortunately, we were able to find a home for the No. 26 team and the No. 30 team thanks to Anthony Marlowe and Jonathan Cohen. “I am very relieved to know that the Nos. 26 and 30 will be in good hands and will continue to compete the remainder of the 2014 season. Most importantly, most of the team members have the opportunity to continue their employment in the sport and to support their families.”

Note: Aside frm Marlowe, Swan Racing’s other two minority investors includes singer 50-Cent (aka Curtis Jackson) and former NFL star Bill Romanowski.

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